Technical analysis by DigiLex_LLC about Symbol COTI: Buy recommendation (6/4/2024)

COTI has a beautiful textbook accumulation finishing up here, it's about to enter the markup phase. Altcoin season is starting and this is going to be one of the big winners this cycle! I have targets all the way up to $0.98 based on the fib extensions for wave 5 - this impulsive structure is following all of the rules so far. Wave 4 bounced right at the top of Wave 1 just like it's supposed to.Seeing a redistribution on the 4 hour. This original accumulation may get invalidated if we put in another lower low