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PolarHusk
Jul 26, 2020 4:23 PM

COTI/BTC (Bullish Pattern?) Long

COTI / BitcoinBinance

Description

COTI/BTC

-Reacted strongly at 50MA and ascending trendline support
-Currently holding strong despite other Altcoins are dumping
-We can see a Bullish triangle pattern
-Only a break to the upside is the confirmation
-I suggest entering only on confirmation or retest of new support
-Upside target is up to 689-781 sat range
-Bearish side, a candle body close below the trendline support
-Invalidating my Bullish bias in the midterm
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