COTIUSDT trade ideas
COTI/USDT (Interval 1D) Inverse H&S in makingIt is a bit early to trade the right shoulder which is still in making but it would be really good if this plays out and leads to a breakout.
COTI.USDT (Y21.P6.E1).Macro TargetHi All,
I have 2 targets as part of the wave 5 anticipation.
If BTC goes parabolic, then we can see COTI do the same otherwise the general target will be the 1.618 fib extension as per the chart.
Cheers,
S.SAri
COTI POSSIBLE BREAKOUTCOTI is possibly forming the desending triangle on 4H time frame. Retest is pending after that it will move upward.
COTI/USDT (Interval 12) Ascending TriangleCOTI is moving inside ascending triangle, I suspect a possible breakout in some days.
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COTIUSDT trade crossed the range COTIUSDT has crossed range now its time to go up. COTIUSDT trade can move up with 5X growth. You can enter roughly between $0.3-$0.48 level and hold it for initial and final target as shown in the chart.
COTI - SHORT SETUP; WIN!Bearish wedge formation broke down and played out how I expected, bouncing right at the .382 target.
Definitely took longer than I originally hoped, but patience really is a virtue in this game.
GG
COTI LongBased on the overall bullish move. these are potential future targets. Price needs to break $1.35 for the second and third target to be hit. Also we see a Cup & Handle on the weekly as well.
Which EOY senario you expect for COTI?Senario 1 or senario 2 and why?
Let's make a poll with the comments below.
Always look at the bigger picture. COTI needs to set a new ATH this month to keep it's current run.
This is no financial advise.
Coti analysis From NoobCoti seems to find its bottom and stoch seems a bit oversold. Momentum about to shift as ascending triangle form as a continuation pattern for coti to go higher.
Fundamentally, ADA partnership could really help coti price to continue going higher. First target would be 0.67, broke the upside trendline coti can go up to 1$.
This is only my personal view, feel free to challenge as i am still learning how to do a proper analysis.
COTI - Zoom OutOne of the more fundamentally sound projects in crypto. The COTI chart has tons of potential left in it.
COTI ASCENDING TRIANGLE JUST IN SUPPORTI just found an ascending triangle consolidating near all time highs in support. Enjoy it
COTI - SHORT SETUPHere we see a bearish diagonal formation on Coti that has begun to break down (1hr). On a smaller timeframe we appear to have just broken down from a symmetric triangle formation (15min), further adding to the bearish bias.
Upon entry a target was devised using fibonacci retracement, aiming for the .382 of the move up. A stop loss placed inside the diagonal gives a 6/1 return/risk.
$COTI- Cardano New Best Friend This Asset has been very bullish since last week prolly because of the new alliance with Cardano network to be the issuer of the Cardano stable coin "DJED" and it ain't showing any sign of slowing down.
I mean it can hit hit a dollar by next week ging by its current momentum...
Has been attempting to retest the ATH today but didn't run much, still making an attempt.
RSI- Bullish
Volume is evenly distributed across all time frame which to me kinda show why it has maintain a strong bullish trend for a while now.
If it finally decide to slow down, a PB down to .48-0.45 is likely
🔥 COTI Bullish Triangle FormingCOTI has been one of the biggest gainers of the last 10 days, seeing over 130% returns during that period.
At the moment, it seems that $0.665 is the top. That being said, the price is making higher lows at the same time, forming this bullish triangle.
Assuming BTC won't dump too much, I'm expecting COTI to follow this triangle pattern in the near future. Main target at $0.7, second target at $0.75.
Happy trading!
