COTI reacting with the rest of the market seems to have completed 1 & 2 waves in a possible 5 wave elliot wave structure.
If this holds true, there's an opportunity to catch the next retrace and 3,4,5 waves. Possible entry points I would consider would be at POC or even VAL if there is a decent reaction from price, with invalidation below the previous low.
If this holds true, there's an opportunity to catch the next retrace and 3,4,5 waves. Possible entry points I would consider would be at POC or even VAL if there is a decent reaction from price, with invalidation below the previous low.
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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.