Cryptorphic

#COTI/BTC Looks Extremely Bullish. C&H + INVERSE H&S

Long
Cryptorphic Updated   
BINANCE:COTIBTC   COTI / Bitcoin
Welcome to this quick altcoins setup guys.

COTI/BTC is trading around 255 to 257 while I am writing this update which is a very a very strong support.
Why am I bullish on this chart?

Bullish breakout of the Cup and Hassle formation at the bottom of the chart.
Inverse Head and Shoulders in formation which adds up to the Bullishness of this chart.
The only small resistance is 276 if it breaks we can easily see it reaching 341 sats.
GOLDEN CROSS: When 5OD MA crosses over the 200 D MA in HTF. 8 hour is considerably a HTF chart.


ENTRY:

254 to 256

TARGETS:

307
326
365
392
422

Sl: 227

FUNDAMENTALS:

Very strong fundamentals throughout the next 2 quarters.
An additional node will be added to the MainNet on July 1st, 2020.
They will be launching their COTI PAY Debit card and you do remember what happened to the price of MCO when their Debit card was launched it exploded 100% in a month. Yes!

So BUY this (DYOR) and IMO hold till the end of December. I am adding this coin to my portfolio for the next few months.

Thanks for coming by to this chart, Do. Hit the like button if you find this update useful.
Thanks



Stay safe

#PEACE



Trade active:
#COTI Entry was given around 254 sats it reached 458 hitting all the TARGETS!
80% PROFIT BOOKED!! ✅🔥
Selling 60% Bag here. Will buy back if opportunity shows up.
Holding 40% bag.

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