We added to our
COTI
position at $0.199, this is because....
-We created a weekly doji
-Candle body support above $0.19 (strong support in 2022).
-RSI bouncing off 70 (overbought conditions)
-Price tested 0.5 (50% retracement)
-Immediate move to $0.22 expected (0.236)
If the high is broken, based on Viaquant's predictive Fibonacci model $0.35 is next.
COTI
position at $0.199, this is because.... -We created a weekly doji
-Candle body support above $0.19 (strong support in 2022).
-RSI bouncing off 70 (overbought conditions)
-Price tested 0.5 (50% retracement)
-Immediate move to $0.22 expected (0.236)
If the high is broken, based on Viaquant's predictive Fibonacci model $0.35 is next.