COTI - COTI/USDT - 1H - Technical analysis published on 01/31/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 0.102500 USDT
My targets
0.096702 USDT (-2.68%)
0.090415 USDT (-9.00%)
My analysis
The bearish basic trend is very strong on COTI - COTI/USDT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.102500 USDT. Crossing the first support at 0.096702 USDT would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.090415 USDT as an objective. Crossing it would then enable sellers to target 0.085640 USDT. Caution, a return to above the resistance located at 0.102500 USDT would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.7
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
COTI - COTI/USDT rating 0.099360 USDT. The price registered an increase of +0.27% on the session and was traded between 0.098280 USDT and 0.106900 USDT over the period. The price is currently at +1.10% from its lowest and -7.05% from its highest.0.098280
0.106900
0.099360
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this COTI - COTI/USDT chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.085640 | 0.090415 | 0.096702 | 0.099360 | 0.102500 | 0.108287 | 0.113689 |
| Change (%) | -13.81% | -9.00% | -2.68% | - | +3.16% | +8.98% | +14.42% |
| Change | -0.013720 | -0.008945 | -0.002658 | - | +0.003140 | +0.008927 | +0.014329 |
| Level | Major | Intermediate | Major | - | Major | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.076210 | 0.086470 | 0.092780 | 0.103040 | 0.109350 | 0.119610 | 0.125920 |
| Camarilla | 0.094533 | 0.096052 | 0.097571 | 0.099090 | 0.100609 | 0.102128 | 0.103647 |
| Woodie | 0.074235 | 0.085483 | 0.090805 | 0.102053 | 0.107375 | 0.118623 | 0.123945 |
| Fibonacci | 0.086470 | 0.092800 | 0.096710 | 0.103040 | 0.109370 | 0.113280 | 0.119610 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035017 | 0.056393 | 0.084647 | 0.106023 | 0.134277 | 0.155653 | 0.183907 |
| Camarilla | 0.099252 | 0.103801 | 0.108351 | 0.112900 | 0.117449 | 0.121999 | 0.126548 |
| Woodie | 0.038455 | 0.058113 | 0.088085 | 0.107743 | 0.137715 | 0.157373 | 0.187345 |
| Fibonacci | 0.056393 | 0.075352 | 0.087065 | 0.106023 | 0.124982 | 0.136695 | 0.155653 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.029013 | 0.041117 | 0.047303 | 0.059407 | 0.065593 | 0.077697 | 0.083883 |
| Camarilla | 0.048460 | 0.050137 | 0.051813 | 0.053490 | 0.055167 | 0.056843 | 0.058520 |
| Woodie | 0.026055 | 0.039638 | 0.044345 | 0.057928 | 0.062635 | 0.076218 | 0.080925 |
| Fibonacci | 0.041117 | 0.048103 | 0.052420 | 0.059407 | 0.066393 | 0.070710 | 0.077697 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 45.45 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | 1.624999 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.099837 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.099108 | |
| Elder Ray (13): | -0.000630 | |
| Super Trend (3,10): | 0.103883 | |
| Zig ZAG (10): | 0.100300 | |
| VORTEX (21): | 1.0288 | |
| Stochastique (14,3,5): | 23.05 | |
| TEMA (21): | 0.100613 | |
| Williams %R (14): | -75.41 | |
| Chande Momentum Oscillator (20): | -0.000700 | |
| Repulse (5,40,3): | -0.2567 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1438 | |
| Courbe Coppock: | 0.37 |
| MA7: | 0.109784 | |
| MA20: | 0.088260 | |
| MA50: | 0.070472 | |
| MA100: | 0.076599 | |
| MAexp7: | 0.100608 | |
| MAexp20: | 0.101079 | |
| MAexp50: | 0.103568 | |
| MAexp100: | 0.105625 | |
| Price / MA7: | -9.50% | |
| Price / MA20: | +12.58% | |
| Price / MA50: | +40.99% | |
| Price / MA100: | +29.71% | |
| Price / MAexp7: | -1.24% | |
| Price / MAexp20: | -1.70% | |
| Price / MAexp50: | -4.06% | |
| Price / MAexp100: | -5.93% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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