TheCoinCowboy

COTI to retrace to $0.13 before heading hire up

Long
PHEMEX:COTIUSDT   COTI / USDT Spot Trading Pair
Look how perfectly the 0.618 Fib retracement lands on the previous high of $0.13.
This is shown on the weekly chart.
I think COTI will retrace down to that price range before heading up to a new level of resistance to $0.33.

I missed the run up on this, so now I gotta get in line and wait it out!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.