coti / btc bounce or die ?coti / Btc analysis
target at all time low at 184 sat
There around this area ..can be a small bounce expected
But still not a buy area until you see strength or consolidation there
If the bulls didnt defend this area.. marked sell off will happen so take care if you want buy
Cotisudt
COTI/BTC (Bullish Pattern?)COTI/BTC
-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 the trendline support
-Invalidating my Bullish bias in the midterm