The selling on April 26 was very strong but still could not make COTI lose the $0.2 zone. If it doesn't lose this zone then COTI will rally back to $0.24, $0.28 and $0.32 in May. However, if it loses the $0.20 zone, then $0.18 is still the support we need to watch out for.
📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.2$ zone
🔴Buy : 0.2
🔴Sell : 0.24 - 0.28 - 0.32
📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.2$ zone
🔵Sell : 0.2
🔵Buy : 0.18 - 0.15
❓Details 📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Coti aims to build a “finance on the blockchain” ecosystem to meet the challenges of traditional finance, such as high fees, latency, and lack of global inclusion.
In order to achieve this, Coti introduces a new type of directed acyclic graph (DAG) based blockchain infrastructure with Proof of Trustconsensus algorithm.
Coti's multiDAG structure enables the combination of independent DAG clusters into the overall Coti network. This allows enterprises to issue their own tokens (such as stablecoins) on the Coti network.
The COTI token is used to pay fees for all transactions on the network, regardless of the underlying transactional token or DAG cluster. COTI incentivizes participants in the network by allowing users to run Full Nodes, whom will receive a percentage of every transaction processed by their node.