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mickey9278
Oct 16, 2021 12:40 AM

COTI going to $0.30 or $0.70?? 

COTI / TetherUSBinance

Description

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.

Comment

Went to $0.694 (Basically $0.70) lol then down to $0.25, Both targets hit!
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