COTI/USDT is forming a bullish pattern!Hi every one
COTI / TETHERUS
COTI/USDT is trying to form a falling wedge which is not a bad thing for bulls! as you know after the break out of falling wedge pattern happens, the price can reach the top of the wedge once again! (It's strongest resistance) just wait for the break out to happen.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
COTIUSDT trade ideas
COTI strongest support level at ......As shown COTI has a strong support level at $0.32.
For me there are two scenarios:
1. Blue path - Test on $0.42, finding support at $0.32 and then testing the ATH
2. Red path - Test on $0.55, finding support at $0.42 and breaking through ATH (hope to see $0.86/$1.30)
May and June will be big for COTI.
Seen Coinmarketcalender?
No advice, do your own research.
COTI ON FIRE????Good day to my wonderful friends, it has been a delightful and splendid week for the crypto community, as predicted ALTS are on fire and all the coin s i predicted for us to watch out for produced more than 25% pure profit each so congrats to those who followed and traded the call. This week $COTI is another potential coin to hold for mid term as they have serious fundamentals coming up. if $BTC maintains the support at $55.5k+ then we should see ALTS fly to the moon.
for the time being COTI is resting on a very strong support, so we should expect an upward move,risk at most only 10% OF YOUR TOTAL CAPITAL AND FORGET YOUR SL.
GL.
COTIUSDT - EW analysis - 5th wave COTIUSDT - It is in 2nd subwave correction of 5th wave impulse in 4 hr time frame. The 2nd subwave will probably finishes near 0.32 zone. Pump it there for 3rd subwave of 5th wave cycle with invalidation level below 0.2281 and target zone would be above 0.80.
Give a thumbs up if you really like the Elliott wave analysis.
COTIUSDT breakout Ascending triangle breakout has occurred and price is in retesting phase. Please wait for the retest confirmation (close to EMA 55 is a good entry but can wait for further correction) and then open your position for possible targets mentioned in the chart.
Dislaimer: Kindly do your own research before entering the trade.
COTI UPDATE !! JOHNSMITHHello,
as far as i know the collaboration between ada and coti, when ada pumps coti follows.
technically coti is now bullish breakout from the falling wedge and above 20 daily moving average which is a good sign for bulls.
bullish divergence on daily timeframe before the breakout.
cheers.
COTI will be bigger then people expectCOTI broke out the downtrend and is now finding new support levels.
The COTI and ADA news is huge. Bigger then a lot of people will realize.
COTI's project is insane and still has a small market cap! Enough space to grow even more, minimum 10x maybe?
Support 1: 0.24
Support 2: 0.34
Support 3: 0.40
Price target 1 (PT1): 0.45
Price target 2 (PT2): 0.52
Price target 3 (PT3): 0.58
Price target 4 MOON (10x or more?)
NO ADVICE, JUST AN IDEA...
COTI one of the best setups in the market!!Coti long term wave cycle is shown on chart, which reflects strong buying demand in the underlying asset t. Additionally we can see that volume is increasing which is a good sign that COTI has some heavy interest. From the top at 52 cents which is clearly an extremely key level having tested it on 3 occasions, we have come down in a complex corrective sequence which resembles a bull flag formation with strong resistance at the key $0.383 level; we broke higher and flipped the level into support breaking the bull flag and likely leading to a new impulse to the upside (MINOR WAVE 5). As you can see the ~1.236 fib extension of MINOR WAVE 1 acted as strong resistance on 3 occasions; it is expected that we push higher here given the strong count on COTI and potential 4th wave completion and retest the key level.
Additionally, as we look across the crypto market not many assets corrected in the fashion that COTI did; which was a WXYXZ complex correction, this indicated that COTI has a lot more buying demand then the rest of the market as it did not correct deeply nor impulsively. It is often seen with complex corrective sequences that they are countertrend movements meaning that once they are completed price will resume moving in the original trend which is upwards. This is why we can expect good growth in COTI as underlying strength is evident.
Please like and follow for more! Stay Tuned!