Coti looks ready to break out to the upside and could be targeting 340 as next major resistance. I could see Coti running even higher so long as Bitcoin doesn't break to the downside.
Right now I am looking for the pennant to hold support. If we break down from the pennant I think we have to see how the green line below acts as support. May try and enter a position at a retest of green line support or play a break out to the upside for a small scalp play.
Right now I am looking for the pennant to hold support. If we break down from the pennant I think we have to see how the green line below acts as support. May try and enter a position at a retest of green line support or play a break out to the upside for a small scalp play.