COTIUSDT trade ideas
COTI/USDT - 1hr - Falling Wedge Idea (Another 70% Call?!?)COTI has been in a falling wedge for some time now and is well overdue for some movement.
Our prior COTI breakout call resulted in 70% max profits, do we have another one in the works here?? 3 week falling ledge looking to bottom out at prior breakout level turned support.
DYOR and set some alerts.
Cheers
COTI/USDT 4HRUsually COTI runs behind ADA. I'm expecting some great things from COTI, so news was about ADA partnering up with COTI..
COTI (COTI) Coin Analysis 13/04/2021Fundamentals:
COTI markets itself as the first enterprise-grade fintech platform that empowers organizations to build their own payment solutions as well as digitize any currency to save time as well as money.
COTI is one of the world’s first blockchain protocols that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers.
COTI Pay is the first application. It describes itself as a fully encompassing finance on the blockchain. The COTI Group launched in March of 2017, while the Staking Platform Launched on Jan. 1, 2020.
It is an ecosystem that is designed specifically to meet all of the challenges associated with traditional finance, including latency, fees, global inclusion and risks. This is done through the introduction of the DAG-based protocol as well as infrastructure that is completely scalable, private, inclusive and fast.
The ecosystem has DAG-based blockchain, proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), a universal payment solution and a payment gateway.
The thing that makes COTI unique is COTI’s platform.
This platform enables companies to effortlessly create advanced fintech products and save time, data and money. COTI pay can process every kind of payment type, both in terms of online payments as well as offline ones. This includes crypto and stablecoins, as well as credit cards and even native coins. It has built-in financing to boot, with interest earned on deposits and loans. This also connects with the white label payment network.
Traditional payment systems simply cost both merchants and customers amounts up to billions of dollars on an annual basis. As such, the white label payment network is a global payment network for users and merchants that make transactions freely throughout a digital wallet, coin and much more.
COTI is also the world’s first platform that is optimized for the creation of coins that are stable in price. As such, a user has the ability to issue their own stable coin and regain full control over both their money and their data.
COTI has an infrastructure that is based on the DAG protocol and their Trustchain algorithm. Above this infrastructure layer lies the services layer known as Coti X. Coti X offers KYC and compliance, interoperability exchange, buyer-seller protections and stability frameworks. Then you have the COTIPLAY layer, which offers externally developed stable coins, externally developed payment apps and much more.
COTI uses a hash table as its data structure which is based on chaining. This means that the blockchain itself can secure the computing and privacy of customers. The COTI protocols have made the system a lot more secure for both buyers and sellers.
As such, COTI has an ecosystem that provides robust cybersecurity measures around data integrity as well as confidentiality.
The COTI wallet is based on the React Native Framework and provides cross-platform functionality and portability. The COTI wallet requires user credentials and is paired with 2FA login in order to establish a connection with the node manager. Once this is established, all communication requires the wallet’s seed. This means that all of the messages are validated and no spoofing or manipulation is possible within this system.
COTI was founded by Samuel Falkon and David Assaraf.
Samuel Falkon is the co-founder of COTI Group and works as the VP of business development at COTI Group. He is also the chief revenue officer at Paywize, as well as the founder of Gil Scott Ltd.
David Assaraf is the co-founder of COTI Group, and he also co-founded Frequants and was a member at the board of directors at an amusement park.
COTI (COTI) has a maximum supply of 2,000,000,000 COTI coins.
The live COTI price today is $0.351643 USD with a 24-hour trading volume of $45,532,864 USD. COTI is down 3.88% in the last 24 hours. The current CoinMarketCap ranking is #199, with a live market cap of $235,509,607 USD. It has a circulating supply of 669,740,238 COTI
The top exchanges for trading in COTI are currently Binance, VCC Exchange, Bidesk, HitBTC, and KuCoin.
Technical Analysis:
the Coin has done its Initialization and Accumulation Phase followed by an impulsive wave which can be used for the Projection of the UP move and Impulsive cycles.
currently the Price is at the Fibonacci Retracement Golden Zone which if Stand will Bounce the Price to ATH and 1 TP and if not there exist an other support area which can be counted on.
there are total of 4 Targets defined by Fibonacci Projection of the Initial Wave.
the 3 TP gets its Confirmation as the 2 TP gets Triggered followed by some price correction and distribution.
COTI/USDT Short ideaNo doubt that with amount of news COTI has in the pipeline as well as massive support its going to explode this month. For now it is facing a solid retrace after a good run to .60 and it may still have some short term downside. Based on these 4 confirmations we could see a pullback to the .32 range. This would be a short term SHORT target as well as a good area to go long in coti. This idea is invalidated if upper resistance line is broken or if we get multiple 4hr candle closes above the neckline of rounded top
COTI Is Squeeze Between Yellow And Orange LineOrange line will endure, because bitcoin being so positive. But when yellow ascending line breakout happens, Coti will blown. 1st target is 0.6 dollars.
And now very good for buying more.
Idea on coti from beginner .This is my first idea as very new beginner so Don't trade on this chart and DYOR. any feedback would be appreciated .
With RSI getting very low and volume decreasing we could see nice upswing at anytime now ..
