COTI/USDT forming a long-term falling wedge pattern. Currently consolidating in the fib retracement support zone from the previous high to the previous low.
Watch out for the potential bounce off the .786 support.
Watch out for the potential bounce off the .786 support.
Note
Broken resistance in the falling wedge and now retesting resistance as support with pullbackNote
Note
Note
Bounce off the lower resistance trend line for a continuation of the falling wedge pattern. Support zone now resistance which is the area I will be keeping an eye on.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.