No doubt that with amount of news COTI has in the pipeline as well as massive support its going to explode this month. For now it is facing a solid retrace after a good run to .60 and it may still have some short term downside. Based on these 4 confirmations we could see a pullback to the .32 range. This would be a short term SHORT target as well as a good area to go long in coti. This idea is invalidated if upper resistance line is broken or if we get multiple 4hr candle closes above the neckline of rounded top
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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.