COTI's VSA is showing supply diminishment and a retesting of the upper trendline resistance from a .519 preliminary I opened on 10/21. We're using this chart to track the swing.
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I would be expecting a touch again of .52-, and price staying upside .505 would be a sign of it, even if some test of .50 is still a possibility before we would go there. If we going back under .50 showing weakness, it means we are going to have more touching of the .47-.48 area.
Would not expect a long term or that much of a big drop unless we break under...
Relatively new to charting, hit the studying hard and charted a break in the uptrend to finalize the cup and handle on the 1H. Due to a small market cap i predict slight accumulation at the resistance before the breakout back to 0.60
Coti ($COTI) new FIB. As high as 140.44% gains in 4 days! Why? IMHO, I think it's because $ADA Charles is going to Africa in Oct 2021 to further his $ADA influence. I suspect that Charles will be bringing $COTI with him as a NEW AND BETTER way as a remittance vehicle for Africa than Western Union ($WU)
COTI made a bullish move today from around the $.40 area to around $.61, doing some background research its a solid project. The current market cap is $489,700,000. Please leave your thoughts and comments below (invest, trade, or pass).
As a project, Coti ($COTI) is super exciting and solving real world problems (high fees charged by 3rd parties). Cut out the middle person, thereby lowering fees. Backed by Cardano. I believe the chart is about to turn BULL-ish if it can stay above $0.34