Decision time for COTI/USDT

8 Jul 2020

Small cap coin pushing through the last bit of resistance. Due to the lack of time spent within the current price range, very little volume would push this one higher to new ATH and into new price discovery mode. On the other hand, a single well-heeled individual could stop this one dead in its tracks. As always, keep your good eye on BTC. The king clears the path for others to follow. When BTC coughs, alts get the flu, and strangely enough, when the S&P sneezes, BTC gets a cough, so beware the interconnection! Lots of risk, lots of potential reward here. Keep an eye out.

8 Jul 2020

Nota

-Here's a shot of the weekly to put a fine point on how little time has been spent at these price levels. Good luck.

9 Jul 2020

Nota

Here for an update. Picked an emotional moment in the market to do so, but that's quite alright.

COTI/USDT is still in good shape on the daily/weekly TF. If BTC doesn't wet the bed, a quick bounce might be in short order. Still plenty of room inside the retest area for COTI to prove itself. Exercising caution here, but I'm still comfortable with my medium-term long position. Good luck.

9 Jul 2020

Nota