busyjordy

COTI is preparing for a move

Long
BINANCE:COTIBTC   COTI / Bitcoin
From what I'm seeing on the daily and the 4-hour (as displayed above) we are forming a rounded bottom which could also turn into a Cup&Handle formation. In both cases it's a bullish signal and it's also supported by an inverted head & shoulders formation. All of this is pointing to an upcoming uptrend move... unless Bitcoin decides to do something sudden and sharp (either up of down move of Bitcoin will affect the alts so we always have to look out for this which can change this trajectory).

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