COTI/BTC inverted H&SConfirmed Inverted Head and Shoulders, while target hasn't been reached yet, and COTI just got back down to the neckline (white) and strong support zone 990-880sats. I will be buying the touch of yellow uptrendline around 880sats. Target 1670sats. Invalidation 694sats. RRR 4
Check my previous COTI/BTC idea down below:
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
COTIBTC trade ideas
$COTI /$BTC - YTD chart - to have two runs bringing it to ATHsI'm in no way giving fincancial advice. Just a chart I drew up awhile back. I've been bullish on COTI and the project in general, so again keep my biases in mind. Anyway, I've already caught this in the beginning of the run, and imo i think it has a lot more to run. Non-TA factors: their mainnet 2.0 launched today, the utility for COTI is extremely bullish long term.
The chart more or less speaks for itself. It has a similar chart to $ADA. But COTI has more potential short term. Let me know what you guys think! Not going to explain in detail the chart
Cheers,
Eager bev
COTI - Next move up incomingI have a long term COTI chart vs USD for those interested. At the moment though, as BTC Dom is beginning to push up, I am charting against BTC primarily.
COTI looks like it is in the midst of completing an expanded flat correction before next wave up. Near term, I'm neutral as I'm not convinced this is bottom yet, retesting the previous high as well as the 0.618 area would seem quite possible still.
Longer term, the fundamentals of COTI are very strong, and I expect COTI will do very well down the road.
COTI Analysis (LONG)Feeling super bullish on COTI atm, coming out of a red sunday having support on R/S flipped resistance and looking to breakout the triangle with Fibonacci at the 0.382 mark.
I've been watching COTI for quite some time now and its always been hovering close to the R/S line and only broke out after the COTI listing news on Coinbase. This retracement will not go down to the 0.236 range so with everything being pretty much aligned I'm excited for this trade.
Do you feel otherwise? Do you feel the same? Let me know what you think!
Thanks for reading :)
Chart: /VuU69qUP
(I cant post links sorry haha)
COTI/BTC 90% Potential from here with Tight Stop Loss#COTI/BTC TA update:-
#COTI/BTC currently trading at 427 Satoshi
And 400 Satoshi level is very strong level and this is holding strong.
So I am buying some #COTI here.
Entry:- 410-430 Satoshi
Targets:- 527/667/767 Satoshi
SL:- 398 Satoshi
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$COTI/BTC 1D (Binance Spot) Falling wedge breakoutCurrency Of The Internet has broken-out bullish and looks good for continuation, maybe after a 50MA retest!
Current Price= 0.00000740
Buy Entry= 0.00000708 - 0.00000666
Take Profit= 0.00000910 | 0.00001212 | 0.00001681
Stop Loss= 0.00000538
Risk/Reward= 1:1.5 | 1:3.52 | 1:6.67
Expected Profit= +32.46% | +76.42% | +144.69%
Possible Loss= -21.69%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
COTI/BTC is looking BullishCoti/BTC is looking bullish as it has broken out of the cup and handle formation on the 12h chart. It Is trading above the 200 EMA , and the 50EMA has acted as a support which is a good sign.
It looks like it has come out of the correction wave as marked in red, and it has started its first leg of the five leg Elliot wave
Also the MFI indicator is above the 50 level also showing strength in the move
<<<< The is not financial, please always do your own research>>>>>>
COTI Multiple Bullish PatternsCOTI's macro view is a combined cup and handle pattern and potential inverse head and shoulders. Short term view looks like a falling wedge.
ADAPay on Shelley mainnet was released and yet it currently retested a resistance. Conservative target is $0.60 by the end of Q2. COTI Bank account and card will be released this quarter. DYOR and goodluck!
