Here we can see a higher low on November 5th compared to the low that was hit back in the week of May 11-18.
After three weeks of flat, green square, we can see prices starting to increase.
The is starting to curve and the is above 45... Pointing to higher prices.
We can also see a very strong/steep crash happen after the August peak... The stronger the drop, the bigger the jump.
So, the next time that COTIBTC starts to move up, it will go beyond the 230% that I mapped on this chart.
I hope you enjoyed the analysis.
Thanks a lot for your support.