COTI analysis: COTI is now trying to break the symmetric tri | VIP Crypto Signals™

COTI analysis:

COTI is now trying to break the symmetric triangle. This may turn into a fakeout as well. Wait for the daily candle closing to get confirmation. The local support for now is $0.35-$0.355 area and major support is $0.28-$0.30 area. The first resistance is $0.395-$0.40 to break. If COTI unable to break the symmetric triangle then we see a retest of lower support area.