chadbchilln

COTI/USDT - 1hr - Breakout Idea

BINANCE:COTIUSDT   COTI / TetherUS
COTI previously broke out of the long-term broadening wedge and pumped to new ATHs - now the upper trend line of the former wedge appears to be acting as support. This is supported when zoomed in on the 30min.



Look for a breakout of the white falling wedge - resistance zones and targets marked. If this idea proves invalid and the dip continues, look for a revert to long-term wedge action.

There has been tons of news and hype around COTI and there is plenty more on the horizon, don't miss this one! DYOR

Cheers

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