COTIBTC is going parabolic... Huge growth happening.
Here I am sharing with you the next potential target as well as support level if prices drop.
This is a follow up to my chart posted on the June 12:
COTI Next Target Mapped (Short-Term Move | 60%...
COTIBTC is looking bullish... We will keep this one short.
We have the next target with 60% of potential growth.
As long as COTIBTC remains trading above the yellow space in the chart, we remain strongly bullish while aiming for 0.00000395.
Above EMA10/50, we are strongly bullish on COTIBTC... This is the present scenario.
EMA50 is marked by the bold...
COTI is completely reversing and the target will be quite deep.
There are 2 areas we can consider buying: 310-320sts and 260-270sts
I think COTI will return to the 400sts zone after touching these 2 zones
However, be careful if COTI loses the 240sts zone as this will signal a stronger dump to the 150sts zone.
-The price has dropped -34% from the High 548 sat
-But it doesn't mean the uptrend is over
-Currently, COTI is approaching key support area
-The range 350-320 is a confluence of ascending trendline and previous support/resistance
-If the 320-350 will hold for the next 7 days or so
-Buyers will start looking for possible Swing Higher Low trade idea
-Reacted strongly at 50MA and ascending trendline support
-Currently holding strong despite other Altcoins are dumping
-We can see a Bullish triangle pattern
-Only a break to the upside is the confirmation
-I suggest entering only on confirmation or retest of new support
-Upside target is up to 689-781 sat range
-Bearish side, a candle body close below...