COTI Could See a Final Wave Down Before Resuming Upward Movement

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In Brief
  • COTI has been decreasing since Aug 31.

  • There is long-term support at $0.035.

  • The price is likely in wave 4 of a five-wave bullish impulsive formation.

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After a nearly six-month upward trend, the COTI (COTI) price reached a high on Aug 31 and has been decreasing since. It is likely that the current decrease will end near the long-term support area outlined below, and the price will resume its upward movement afterward. COTI Highs and Lows On Aug 31, the COTI  price reached a high of $0.098. This was an increase of 1,100% measuring
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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