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COTI / TetherUS

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COTIUSDT trade ideas

COTI 1D Chart - 30%+ drop possibleCOTI on a 1D chart is looking like it is moving within an upward channel and we may be ready to see the price drop to get to the bottom of the channel. The price may have a 30%+ drop (assuming it gets to the 0.382 fib level) before moving upwards in the channel. Keep an eye on the RSI as well. What are your opinions on this? Comment below, hit the like and follow me. Thank you! Check out more below for recent Altcoin, Bitcoin and Stock Ideas. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Short
by MillionaireEconomics
COTIPOSITIVE POINT : 1- weekly RSI50 support 2- breakout and test it CMP = 0.4220 SL = 0.375 TP1 = 0.59 TP2 = 0.96 What Is COTI (COTI)? 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. coinmarketcap.com
Long
by Iman_Mirzajani
COTIUSDT - WILL PUMPCoti breaking the 50EMA and downward channel i believe this one will run hard Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes 🤖🤖. I think once I have around 20 likes/idea my idea will be shown in front 🥳🥳. It would be awesome if you could like my idea, (only if you really like it of course) 🤪! I believe that the more we can interact with each other, and share thought about an idea, the more we can learn! 👩‍🏫🧑🏾‍🏫👨🏻‍🏫 Furthermore, I made a challenge for myself, I will add 1 idea for every new follower🦹‍♀️ So if I have 1 follower each day, I will add 1 idea. If I have 10 followers, I will add 10 🏌️‍♂️ It’s fun for me and you! More followers = more ideas = powerful community! 💪💪💪 Besides, all the ideas are … FREE 🥳🥳🥳 ⚠️⚠️ If you want to know how my previous ideas played out, > push the play button on my previous ideas and check it out 🕵️🕵️ Is there a ticker you want me to look into? Let me know in the comments below ⬇️⬇️⬇️
by CryptoColugo
COTI 1D - Possible Big Move DownwardsHello friends, today I am completing a technical analysis on the 1D linear scale chart for Coti (COTI), a cryptocurrency altcoin. In the chart I noted: 1) COTI price recently formed a Double Top and it broke down from the bottom of that trendline. The measured move of the Double Top Formation Pattern is going to bring the price to $0.25, which is a 38-40% price drop. 2) When reviewing the Fibonacci Retracement, that price drop level falls in the 0.618 zone, which is also a major support zone dating back to March 2021. This may be where the price bottoms out and starts to move back up. 3) I took the last three Double Top Formations and saw the price correct significantly. Assuming the price does drop down to the $0.25, that would be a 61% drop from the top of all time high price. 4) The RSI (relative strength index) has also not reached the oversold region yet as it has done in the past three Double Top Formations. I assume we will see the price go lower and completing a double or triple bottom before we see the price moving back up. 5) Interesting, the Volume has picked up over the past few months so there are buyers and sellers for COTI. 6) This idea would become invalidated if we move above the trendline at $0.44 for more than a 1D period. Stay a bit cautious on this one as history doesn't generally repeat, but surely rhymes. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
by MillionaireEconomics