Crypto Contest March 17: COTI
COTI (Binance: COTIBNB) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, COTI began a wave one advance on February 26. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 9, and the red wave two (blue sub-waves a-b-c) correction could have ended today. If this wave count is correct, COTI should be heading next towards the March 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
COTI is an enterprise-grade FinTech platform that enables cross-chain interoperability and is built on its own DAG-based chain. CYT-Crypto reviewed the project earlier this year.
(Sources: https://coti.io/)How Will COTI Trade?
COTI (Binance: COTIBNB) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
COTI will takeout the March 9 peak
COTI will drop below the February 26 low
COTI will stay in a trading range between the February 26 low and the March 9 peak until April 20
Posted via Steemleo
COTI will drop below the February 26 low
COTI will stay in a trading range between the February 26 low and the March 9 peak until April 20
COTI will drop below the February 26 low
COTI will drop below the February 26 low
.
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COTI will stay in a trading range between the February 26 low and the March 9 peak until April 20
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COTI will takeout the March 9 peak
COTI will drop below the February 26 low
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COTI will takeout the March 9 peak
COTI will drop below the February 26 low
COTI will stay in a trading range between the February 26 low and the March 9 peak until April 20
COTI will takeout the March 9 peak
COTI will takeout the March 9 peak
COTI will drop below the February 26 low
COTI will stay in a trading range between the February 26 low and the March 9 peak until April 20
COTI will drop below the February 26 low
COTI will takeout the March 9 peak