mickey9278

COTI going to $0.30 or $0.70??

BINANCE:COTIUSDT   COTI / TetherUS
COTI coming to a decision point pretty soon. If my pattern of Descending triangle is correct it will be going to either $0.30 or $0.70. The Descending Triangle is normally a bearish pattern , however I believe it has been consolidating and will break out upwards to new ATH . It is holding that bottom support very well and for quite a while now. Currently at a great buy opportunity for a tight stop loss in case it does break downwards. If that happens I expect a pull back to about $0.30 area where it sat for a good amount of time before breaking up.