COTI/USDT Falling Wedge Forming for BINANCE:COTIUSD by dancingdunza — TradingView

Chart Patterns Wedge COTIUSDT coti

chartpattern wedgepattern cotiusdt coti

COTI/USDT forming a long-term falling wedge pattern. Currently consolidating in the fib retracement support zone from the previous high to the previous low.
Watch out for the potential bounce off the .786 support.

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Broken resistance in the falling wedge and now retesting resistance as support with pullback

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Bounce off the lower resistance trend line for a continuation of the falling wedge pattern. Support zone now resistance which is the area I will be keeping an eye on.

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