COTI > BTC

11 Jul 2021

I think this confluence of trendlines will provide strong support for COTI. Once the price breaks out of the pink falling wedge COTI should outperform BTC. What's your take?

This analysis is dedicated to TheAussieBogan 🦘

Cheers!

11 Jul 2021

Nota

Zoom out to see the oldest trendline

24 Jul 2021

Nota

Drawings updated. COTI broke out of the pink falling wedge and now trying to get back above the trendlines confluence. That would be really bullish 🐂

25 Jul 2021

Nota

Inverted Head and Shoulders in the making. If confirmed it should get the price comfortably above the trendlines confluence.

29 Jul 2021

Nota

Inverted Head and Shoulders invalidated. Anyway the neckline acts as strong resistance, so if break it and get above, that would be good sign.

5 Ogo 2021

Nota

Neckline broken, now it should act as support. I think we can see pullback to test this level as support. My target will be the lime major downtrendline.

10 Ogo 2021

Nota

Neckline successfully tested as support, price has been squashed between trendlines, and now prolly breaking up. Close above the upper yellow trendline should be bullish.

14 Ogo 2021

Nota

Closed above the upper yellow trendline, tested as support and went up. Retest of the yellow trendlines possible before next leg higher.

26 Ogo 2021

Dagangan ditutup: sasaran tercapai

Here we go, lime Trendline (=Target) hit! 🎯

17 Sep 2021

Nota

Spilled badly after reaching the target. Now back on track...