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Coti

COTI : falling wedge and Resistances!Hi every one COTI / TETHERUS COTI/USDT is in a Falling wedge now! this pattern is bullish of Course but It's Gonna Decrease the Price for now (as long as the break out Does not happen.). there is a Good chance for Break out to happen and the Price should start to increase whenever It's gonna Happen.The First resistance is at 4$ and the second on is top of the wedge pattern which is around 5$! summery: -COTI is in a Falling wedge pattern. -Whenever a Break out happens we can expect bullish Movements! -Resistances are at 4 and 6 $. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
10
COTI - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. COTI is overall bullish so we will be looking for buy setups on lower timeframes. on H4: COTI is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, COTI would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
22
COTI / USDT Might go into $10, Wave analysis.Coti aims to create a "finance on the blockchain" ecosystem to address traditional finance's problems, such as excessive fees, latency, and lack of global scale. Coti accomplishes this by introducing a new sort of DAG-based blockchain architecture that uses the Proof of Trust consensus method. The multiDAG structure of Coti allows independent DAG clusters to be combined into the larger Coti network. This enables businesses to use the Coti network to create their own tokens (such as stablecoins). COTI's price appears to be bullish, as it is currently trading near the resistance of the (1)-wave, and we could see a significant rally for this company. This analysis should be correct if the Bitcoin price remains bullish, but things can change quickly. So be cautious and take a low-risk position.
Long
by ArShevelev
19