COTI > BTC

11 Tem 2021

I think this confluence of trendlines will provide strong support for COTI. Once the price breaks out of the pink falling wedge COTI should outperform BTC. What's your take?

This analysis is dedicated to TheAussieBogan 🦘

Cheers!

11 Tem 2021

Not

Zoom out to see the oldest trendline

24 Tem 2021

Not

Drawings updated. COTI broke out of the pink falling wedge and now trying to get back above the trendlines confluence. That would be really bullish 🐂

25 Tem 2021

Not

Inverted Head and Shoulders in the making. If confirmed it should get the price comfortably above the trendlines confluence.

29 Tem 2021

Not

Inverted Head and Shoulders invalidated. Anyway the neckline acts as strong resistance, so if break it and get above, that would be good sign.

5 Ağu 2021

Not

Neckline broken, now it should act as support. I think we can see pullback to test this level as support. My target will be the lime major downtrendline.

10 Ağu 2021

Not

Neckline successfully tested as support, price has been squashed between trendlines, and now prolly breaking up. Close above the upper yellow trendline should be bullish.

14 Ağu 2021

Not

Closed above the upper yellow trendline, tested as support and went up. Retest of the yellow trendlines possible before next leg higher.

26 Ağu 2021

İşlem kapandı: hedefe ulaştı

Here we go, lime Trendline (=Target) hit! 🎯

17 Eyl 2021

Not

Spilled badly after reaching the target. Now back on track...