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Coti

New scenarios for COTI ... KUCOIN TA ...In previous days, COTIUSDT has tested dip points, and especially 0.5 fib level from which it has strongly retraced and has formed a double bottom in the 4H frame (circled in red)... Now COTIUSDT is on a triangle, if we break it from above, we will visit new higher priced areas (new ATH) with small little corrections in each level... Else, if COTIUSDT breaks the triangle from below, we will go deeper and retest 0.5 fib level from which we will retrace for sure .. COTI has strong fundamentals and the TA is still bullish, and IMO COTIUSDT is still highly undervalued and my long term prediction is still 7$ for COTI in the bull run.. THIS IS NOT A FINANCIAL ADVICE! DO YOUR OWN ANALYSIS!!!
Long
by kriptomaster
COTI (COTI) Coin Analysis 13/04/2021Fundamentals: COTI markets itself as the first enterprise-grade fintech platform that empowers organizations to build their own payment solutions as well as digitize any currency to save time as well as money. COTI is one of the world’s first blockchain protocols that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers. COTI Pay is the first application. It describes itself as a fully encompassing finance on the blockchain. The COTI Group launched in March of 2017, while the Staking Platform Launched on Jan. 1, 2020. It is an ecosystem that is designed specifically to meet all of the challenges associated with traditional finance, including latency, fees, global inclusion and risks. This is done through the introduction of the DAG-based protocol as well as infrastructure that is completely scalable, private, inclusive and fast. The ecosystem has DAG-based blockchain, proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), a universal payment solution and a payment gateway. The thing that makes COTI unique is COTI’s platform. This platform enables companies to effortlessly create advanced fintech products and save time, data and money. COTI pay can process every kind of payment type, both in terms of online payments as well as offline ones. This includes crypto and stablecoins, as well as credit cards and even native coins. It has built-in financing to boot, with interest earned on deposits and loans. This also connects with the white label payment network. Traditional payment systems simply cost both merchants and customers amounts up to billions of dollars on an annual basis. As such, the white label payment network is a global payment network for users and merchants that make transactions freely throughout a digital wallet, coin and much more. COTI is also the world’s first platform that is optimized for the creation of coins that are stable in price. As such, a user has the ability to issue their own stable coin and regain full control over both their money and their data. COTI has an infrastructure that is based on the DAG protocol and their Trustchain algorithm. Above this infrastructure layer lies the services layer known as Coti X. Coti X offers KYC and compliance, interoperability exchange, buyer-seller protections and stability frameworks. Then you have the COTIPLAY layer, which offers externally developed stable coins, externally developed payment apps and much more. COTI uses a hash table as its data structure which is based on chaining. This means that the blockchain itself can secure the computing and privacy of customers. The COTI protocols have made the system a lot more secure for both buyers and sellers. As such, COTI has an ecosystem that provides robust cybersecurity measures around data integrity as well as confidentiality. The COTI wallet is based on the React Native Framework and provides cross-platform functionality and portability. The COTI wallet requires user credentials and is paired with 2FA login in order to establish a connection with the node manager. Once this is established, all communication requires the wallet’s seed. This means that all of the messages are validated and no spoofing or manipulation is possible within this system. COTI was founded by Samuel Falkon and David Assaraf. Samuel Falkon is the co-founder of COTI Group and works as the VP of business development at COTI Group. He is also the chief revenue officer at Paywize, as well as the founder of Gil Scott Ltd. David Assaraf is the co-founder of COTI Group, and he also co-founded Frequants and was a member at the board of directors at an amusement park. COTI (COTI) has a maximum supply of 2,000,000,000 COTI coins. The live COTI price today is $0.351643 USD with a 24-hour trading volume of $45,532,864 USD. COTI is down 3.88% in the last 24 hours. The current CoinMarketCap ranking is #199, with a live market cap of $235,509,607 USD. It has a circulating supply of 669,740,238 COTI The top exchanges for trading in COTI are currently Binance, VCC Exchange, Bidesk, HitBTC, and KuCoin. Technical Analysis: the Coin has done its Initialization and Accumulation Phase followed by an impulsive wave which can be used for the Projection of the UP move and Impulsive cycles. currently the Price is at the Fibonacci Retracement Golden Zone which if Stand will Bounce the Price to ATH and 1 TP and if not there exist an other support area which can be counted on. there are total of 4 Targets defined by Fibonacci Projection of the Initial Wave. the 3 TP gets its Confirmation as the 2 TP gets Triggered followed by some price correction and distribution.
Long
by BitonGroup
18
COTI about to explode? Here is afull disclosure on my analysis on COTI, 1. We have a perfect setup for completing a Bear butterfly towards the D point 2. You can see a clear bull flag which announce some serious corrective motive waves within the flag and parralel channel 3. Coti is respecting all fibonoacci sequences along the road withing this pattern. Conclusion; IMO, Coti is about to rocket towards the previous high, then we expect some bear momentum towards low of the flag, and fueling up for the next leg up!
Long
by AppY-Crypto
2
🌧️ COTI Bullish ChannelCOTI has been in a bullish channel for a while now. Currently, RSI is at the lows and COTI is finding support around the $0.36 level. Hoping for a bullish reversal after bouncing off the bottom of the channel to around the $0.41 range. Buying pressure is increasing for COTI, and selling pressure is low, making it ideal for a reversal. That said, it's still in highly risky territory right now since breaking the $0.36 support level will result in a plunge, so do wait for signs of the reversal and confirmation of support a few more times before entering the trade. The market in general now is correcting, so we will see how the market performs as well before buying in.
Long
by RainyTrader