Here is afull disclosure on my analysis on COTI,
1. We have a perfect setup for completing a Bear butterfly towards the D point
2. You can see a clear bull flag which announce some serious corrective motive waves within the flag and parralel channel
3. Coti is respecting all fibonoacci sequences along the road withing this pattern.
Conclusion; IMO, Coti is about to rocket towards the previous high, then we expect some bear momentum towards low of the flag, and fueling up for the next leg up!
1. We have a perfect setup for completing a Bear butterfly towards the D point
2. You can see a clear bull flag which announce some serious corrective motive waves within the flag and parralel channel
3. Coti is respecting all fibonoacci sequences along the road withing this pattern.
Conclusion; IMO, Coti is about to rocket towards the previous high, then we expect some bear momentum towards low of the flag, and fueling up for the next leg up!
Note
New update regarding this idea postedTrade active
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Leren - nieuws - Technische analyses
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Nederlandse trading en investerings community voor en door traders;
Leren - nieuws - Technische analyses
deretailtraders.nl
Leren - nieuws - Technische analyses
deretailtraders.nl
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.