Elliott wave analysis on COTI
Updated
I saw this idea on Twitter yesterday and had to share, because it was not published on Tradingview.
This analysis is made by Gert van Lagen. So all credits to him!
A great perspective for COTI in the long term.
0-I: 1st impulse wave (12345)
I-II: 1st correction wave (ABC)
II-III: 2nd impulse wave (12345)
III-IV: 2nd correction wave (ABC)
IV-V: To be (3rd impulse wave)
Targets IV-V in 2021:
+ 1.6$ @ 1.618 exp. fib.
+ 3.0$ @ 2 exp. fib.
This analysis is made by Gert van Lagen. So all credits to him!
A great perspective for COTI in the long term.
0-I: 1st impulse wave (12345)
I-II: 1st correction wave (ABC)
II-III: 2nd impulse wave (12345)
III-IV: 2nd correction wave (ABC)
IV-V: To be (3rd impulse wave)
Targets IV-V in 2021:
+ 1.6$ @ 1.618 exp. fib.
+ 3.0$ @ 2 exp. fib.
Note
Filled the 1W down to the trendline. Hope to see some green bars the upcoming weeks, let's wait 14 hours......
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