Diagonal support holding strongly on the daily. We just broke from the descending diagonal resistance. The Stochastic has also crossed bullish after going oversold.
Market conditions are getting better since this afternoon, if it continues, COTI could be a good play for the next days/weeks!
Wait for a pullback and bullish reversal confirmation to enter:
Entry: $0.3 - $0.325
TP: $0.3626, $0.4122, $0.4828 and $0.6523
SL: $0.29
Note : This is a longer term swing trade.
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