The daily time frame shows COTI/USDT in a bullish channel. On the smaller time frames, we've seen a 15% pullback since testing the top of the breakout zone (see previous posting on this pair).
My update depicts the upper limit of the breakout zone indicated by a thin, black, horizontal line. The pitchfork channel indicates continuation on the daily time frame....
COTIUSDT, the trend has been increasing through the horizontal (resistance) line that means the future is bright. possible scenarios;
1. It will continue to increase and break the resistance line above with an open-close candle, it is time to buy.
2. It might start to decrease, and pull back the support line with an open-close candle, it is time to buy.
-Robo...
Small cap coin pushing through the last bit of resistance. Due to the lack of time spent within the current price range, very little volume would push this one higher to new ATH and into new price discovery mode. On the other hand, a single well-heeled individual could stop this one dead in its tracks. As always, keep your good eye on BTC. The king clears the path...
Perfect Cup and Handle formed.
Coti is about to explode.
Paypal of crypto. Can process 100,000 TPS.
Alot of projects and companies are going to want to implement COTI like Cardano did with ADA pay.
COTI-USD is on this bullish pennant chart pattern under a considerable resistance but the chart shows an accumulation before the the break out few days to broke the resistance and turn it support, lets see it.
Watch COTI/USDT for potential Daily breakout.
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Hello TV Family!
Coti broke it’s counter trendline in a rising channel. There’s a chance that we will start wave 5, with a target at resistance of the channel with a few other confluences.
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I am taking this trade on Binance for the next leg up for COTI, what seems to be Wave 5 - final wave of this uptrend. USDT 0.017 level seemed to have hold as a strong support marking the completion of Wave 4. Final wave up has a potential of around 75% gains.
The CTO of COTI owns 14 patents and was the former head of IBM research.
Coti recently teamed up with Cardano for Ada pay which shows they are very respected in the community.
If your looking for a Low Cap Gem thats undervalued it's this one.
Ranked 197 on coin market cap as of writing this but not for long.
Put 3 moons on this one because we are off to...
A lot of the coin already crosses and fly sky high not till moon yet, some of the coin start retrenchment. From the daily timeline, this is quite a nice retrenchment at this moment. Will it be another wave soon?
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I'm posting this idea mainly for my own record, COTI-USDT looks bearish to me.
This pennant formation usually results in a further drop and with the current global economic threat it will make sense to follow this path in the short term, after which I expect to climb up fast.
