COTIUSDT - potential set up for new upward trend.

COTI currently finds itself in a falling triangle which you would assume would mean once broken a move to the downside, there is also evidence of bullish divergence which cannot be ignored. i would expect the descending triangle to play out and if the key resistance level marked in red will hold i would expect a push to a new all time high.

Please let me know your thoughts, goof or bad in the comments below.

happy trading

peace
GT

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.