COTIUSDT trade ideas
COTI : falling wedge and Resistances!Hi every one
COTI / TETHERUS
COTI/USDT is in a Falling wedge now! this pattern is bullish of Course but It's Gonna Decrease the Price for now (as long as the break out Does not happen.). there is a Good chance for Break out to happen and the Price should start to increase whenever It's gonna Happen.The First resistance is at 4$ and the second on is top of the wedge pattern which is around 5$!
summery:
-COTI is in a Falling wedge pattern.
-Whenever a Break out happens we can expect bullish Movements!
-Resistances are at 4 and 6 $.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
COTI can reach 0.88$!Hi every one
COTI / TETHERUS
COTI is in a Bullish Pennant ! this Pattern can Increase the Price as much as the Pennant Pole! The break out is about to happen soon! so we Don't have to wait that much! There is also a Hidden Bullish Divergence On MACD as well! (+HD) so we can Say that it is safe to deal COTI after the break out happens! COTI can Reach 0.88$ .
Summery:
-COTI is in a Bullish Pennant.
-Break out is gonna happen soon!
-(+HD) on MACD
Previous ANALYSIS:
💎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
EOY targets for COTI +450%EOY targets based on the trend-based fib. extention and more. Minimal +450%
- Hidden bullish divergence on the 1D timeframe making a lower low on the STOCH (9 sep '21 - 13 oct '21) and higher highes on the price.
- The ''Trend-Based Fib. Extention'' suits the support and resistance area's perfectly and giving COTI a $4.81 (EOY) on the 1.618.
( I charted this as well by using the candles from the run that started at 8 feb '21).
- The cup and handle pattern will give COTI a target of around $2.80 (target = the inside of the cup).
- DJED will be launched soon. Issued by COTI for Cardano (ADA).
DJED is a stable coin like USDT but way more stable and reliable.
COTI partnerships:
1. Cardano (ADA)
2. Chainlink (LINK)
3. Celsius Network
4. Fantom
5. Simplex
6. Constellation
7. and more....... Shahaf Bar-Geffen said ''We (COTI) are already taking e-mails from hundrends of partners to setup the launch of DJED''.
''DJED is tested on testnets and it performed well!''
No financial advice.
Stay COTI, i'm out!
COTI/TetherUS ShortEntry price:0.4672
Stop loss: 0.4934
Take profit1: 0.3671
Take profit 2: 0.2884
Macd crossed below signal line few day ago. Indeed, the price started to go down, indicating a potential downtrend.
RSI shows a bearish divergence therefore we´re expecting further downtrend.
We should expect a confirmation of the downtrend. So we should wait for the price break out the support and then retest it as resistance.
no financial advice
COTI - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
COTI is overall bullish so we will be looking for buy setups on lower timeframes.
on H4: COTI is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, COTI would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich