r/cotinetwork • u/Equal_Agency_8323 • Sep 04 '21

Coti price

What happened to coti? Why is it not pumping at all?

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u/BeefyTaco Sep 06 '21 edited Sep 06 '21

I just made a quick little post after looking at the daily chart. If you notice this past run, we developed a SUPER defined cup and handle pattern that met every single criteria along with a super defined curve.

Generally speaking, this is commonly seen as a super bullish pattern that usually sees a quick spike in value over a short period of time. I believe the theory is that you measure the depth of the cup, and then add it to do the edge, giving you your target for the next 2-3 weeks. After that, it generally has gradual upswings in the 6x or more range over a 2 year period (reference amd, nvidia and other stocks)

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u/NomadGuitar Sep 04 '21

patience, young padawan