Coti/BTC is looking bullish as it has broken out of the cup and handle formation on the 12h chart. It Is trading above the 200 EMA , and the 50EMA has acted as a support which is a good sign.
It looks like it has come out of the correction wave as marked in red, and it has started its first leg of the five leg Elliot wave
Also the MFI indicator is above the 50 level also showing strength in the move
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