COTI USD T - Bullish Continuation Second Target IncomingHello,
Our first target has been reached, we are expecting further growth in the next days, carefull at he end of the month, Futures Contracts Expiry date incoming, there we can ahave a small pullback.
Thank you for following.
Have a great day further,
This is not a trading advice,
St.Gex
COTIUSDT trade ideas
PLAN: COTI - LONGHere is a long plan I have devised for Coti. I will long if we pullback to the pivot.
My first target lies at the .618 fibonacci retracement, and my second target lies at the 1.382 fibonacci extension. The 1.382 level has confluence with the 1.618 extension of the first wave of this move on the daily.
Coti analysis From NoobCoti seems to find its bottom and stoch seems a bit oversold. Momentum about to shift as ascending triangle form as a continuation pattern for coti to go higher.
Fundamentally, ADA partnership could really help coti price to continue going higher. First target would be 0.67, broke the upside trendline coti can go up to 1$.
This is only my personal view, feel free to challenge as i am still learning how to do a proper analysis.