COTIUSDT trade ideas
COTI TAWe can see that COTI is adhering to the 4 hour candle pattern beautifully. We have had 5 bounces off the 50 MA. WE can also see on the RSI that we are regularly bouncing off the 50.
We are also forming a Descending triangle which is aligned to breakout almost perfectly with the 50MA, .618 on the fib and whilst RSI sits at 50 again. Assuming this doesn't break trend and from a TA perspective our next technical target on the Fib would be 0.7 if we break the previous high.
Not financial advice and just my opinion.
COTIUSDT - Worth Watching 👀👀COTI is getting in a very tight range, there isn't much room left and soon we can expect a volatile break!
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COTIUSDT Technical Analysis
⏳ Spot
💎 COTIUSDT has formed a Bullish Flag. it has broken above the Flag and a resistance. It is expected to go to the last high of the recent green candle.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.3269
☕️ TP1 0.3820
🍺 TP2 0.4000
🍻 TP3 0.4200
🍾 TP4 0.4450
🍷 TP5 0.4800
🍸 TP6 —————
🍹 TP7 —————
🎁 TP8 —————
🚫 SL 0.2655
Good Luck 🎲
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Coti Usdt Technical Analysis and Target PriceWith the completion of the current trend, the cup pattern showing.
The next step would be to wait for the handle pattern. Maybe you can be entered from the handle Fibonacci 0.618 area.
If the Fibonacci data intact, the next target will be to reach 1.618.
Cup depth and handle depth should be followed
You can find my other articles from the links below.
THIS CHART! AND LISTED ON COINBASE.......Still a great perspective for COTI in the long term.
1st run (03/2020-09/2020) - a 175 day run that delivers +1085%
2nd run (11/2020-04/2021) - a 140 day run that delivers +2283% (double amount of the 1st run)
3rd run (07-2021-12/2021) a 140 day run that can deliver +4359% (double amount of the 2nd run)
These runs in combinations with the 75-80%
Targets in 2021:
+ 1.5/1.6$ @ 1.618 exp . fib.
+ 2.9/3.0$ @ 2 exp . fib.
+ 8.0$ @ 2.618 exp. fib. (KEEP DREAMING!)
Stay COTI, I'm out!
Great Opportunity in COTI!potential cup and handle wait for break and retest
potential parabolic curve good buy opportunity if it shows little bounce from curve's support
huge targets are still on the table
Coti is fundamentally strong and organise competition and have pretty decent roadmap
and they mostly follow their roadmap targets on time
good buy when it touches yearly support/parabolic curve's support/when it breaks cup and handle's resistance and give pullback
also, based on the previous cup and handle and parabolic curve this is exactly similar and astronomical as well
be safe! good luck!
forecast for next 2months : 90% bullish, 7% bearish, 3% neutral
COTI/USDTBuy Around 0.28$ - 0.30$
Selling Targets:
1️⃣ Target: 0.36$ = 20% Profit
2️⃣ Target: 0.40$ = 30% Profit
3️⃣ Target: 0.44$ = 45% Profit
4️⃣ Target: 0.48$ = 58% Profit
🔻6h Close below : 0.25$ = 15% Lose
Signal Type: Short-Term⏱1/3, W
2021/08/22🗓
#Risk/Reward: 1/4
🏦Ex: Binance/Spot
🧩Capital 5% or 10%
📊#Technical_Analysis_by_Phoenix
COTI - BIG DESCENDING BROADENING WEDGEAfter the big drop on 8th March, Coti has been moving in a downtrend making the Lower High and Lower Low all the while forming a BIG DESCENDING BROADENING WEDGE along with it which normally gives upside breakout. Right now, it has to face the resistance of 200-Day EMA (in green) and if it manages to close above it, in addition, take support over it then we might see it knocking at the doors of final resistance,i.e, the downward trendline of the DESCENDING BROADENING WEDGE and move to higher levels as mentioned on the chart (in green).
However, failure in doing so can reject the price from there back to the lower levels (in red).
Both, resistance and support levels are mentioned in green and red, respectively. DYOR.
COTIUSDT DESCENDING CHANNELCoti had a tremendous rise from the support level(lower low) of the descending channel to the resistance level(lower high) of the channel. Coti looks vulnerable to rejection but before taking a long position, wait for a breakout at $3.6 with a valid retest. If price fails to break, you can take a short position to the key support level.
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COTIUSDT - RESISTANCE BREAK 🚨💣COTI is breaking major resistance! if we can make this broken zone a support area we can move another 40 % ! Because we dropped fast in this zone we also can move up fast.
I will be waiting for a pullback and see if support can hold. Don't FOMO
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 ⬇️⬇️⬇️