We added to our ECONOMICS:COTI position at $0.199, this is because....
-We created a weekly doji -Candle body support above $0.19 (strong support in 2022). -RSI bouncing off 70 (overbought conditions) -Price tested 0.5 (50% retracement) -Immediate move to $0.22 expected (0.236)
If the high is broken, based on Viaquant's predictive Fibonacci model $0.35 is next.