COTI / TetherUS

COTI Looks very promising in the short term.

486
There has been a decent amount of announcements related to COTI in the last few days. On top of that, the current price can be considered as a discount (courtesy of the recent behavior of bitcoin). Based on simple Fibonacci retracement we get the first target of 0.6 (previous peak), and the next one at 0.8-0.9 (with 0.9 probably being the psychological maximum before a slight correction). For me COTI is a relatively safe bet. However, the fluctuations in the price of bitcoin may as well ruin this picture, or at least prolong the process a little bit. Thus, please trade with caution.

TLDR; COTI looks good and will most likely hit 0.8 soon; given that BitCoin doesn't decide to take a dip.

This is not financial advice.

p.s. COTI has a very low market cap of only 263mil, giving it insane amount of room to grow.

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