Hi dear friends, hope you are well and welcome to another new trade setup of COTI coin with US Dollar pair.
On a daily time frame, COTI has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
KUCOIN:COTIUSDT - Broken through longstanding resistance (1st red circle) and retested same level as support...
Aim here is to open continuance long in same area (second red circle) and run through - switch to chasing stop at recent high...
Tight stops allow this to be a good R:R trade. Loses the close block EMAs (I 12,24, 32) and next support around 0.0957 for...
Hello Traders,
COTI saw a massive downward movement that almost reset all indicators,
We gotta have a hourly close in few minutes which seems for me that COTI is forming Double Bottom,
So will it do it ? I will join after a breakout as usual or a movement to upward confirming that we had a W pattern
If it will happen, Targets gonna be for me as mentioned in...
COTI is still in a trading range (Sideway) and does not follow any specific trend and we have to wait for strong movement. If each side of the trading range breaks then we will form a new direction. Keep eye on COTI.
This Analysis will be updated.
analyzed by Hossein
5.28.2022
Hi,
Coti moving up after breakout strong resistance.
selling targets have been marked.
ROI is good
This idea is for educational purpose only.
Remember me in your Prayers.
Good Luck :-)
COTI seems like an increasingly recognized coin, with it only having a current low market-cap of 300M. COTI has presented it self as a Proof of work and relies on a new form of trust-chain algorithm which the smart contracts be based on. Smart contracts have not yet be released, increasing volume and a small market cap makes this a buy in my opinion.
O and this...
