COTI/USDT - MORE BULLISH MOMENTUM EXPECTED

23 Mar 2021

Since this coin has launched we have seen a consistent bullish uptrend, Price created ATH of 0.60 but failed to continue but still maintained the uptrend. Price continues to climb creating higher highs & higher lows, currently trading in a ascending wedge formation. I personally see 2 scenarios which could play out, we either break the wedge and see more upside movement expecting to reach a new ATH of 0.80 or a slight pullback to the 0.45 area to bounce of the ascending trendline before seeing further upside momentum.