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COTI - COTI/USDT
COTI - COTI/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: COTIUSDT
ISIN:

COTI - COTI/USDT - 1H - Technical analysis published on 03/12/2023 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
56%
0%
44%
My opinion
Bearish under 0.067470 USDT
My targets
0.059190 USDT (-8.23%)
0.056647 USDT (-12.18%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.067470 USDT remains possible. It is advisable to trade COTI - COTI/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.067470 USDT. The next bearish objective for sellers is set at 0.059190 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.056647 USDT. In case of crossing, the next objective would be the support located at 0.051730 USDT. PS: if there is a bullish break in the resistance located at 0.067470 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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15 min. Daily Weekly

Additional analysis

Quotes

COTI - COTI/USDT rating 0.064500 USDT. The price has increased by +0.00% since the last closing and was traded between 0.063800 USDT and 0.065800 USDT over the period. The price is currently at +1.10% from its lowest and -1.98% from its highest.

0.063800
0.065800
0.064500

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning


Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of COTI - COTI/USDT indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1R1PriceR2R3
ProTrendLines 0.051730 0.059190 0.064500 0.064500 0.067470 0.074446
Change (%) -19.80% -8.23% 0% - +4.60% +15.42%
Change -0.012770 -0.005310 0 - +0.002970 +0.009946
Level Major Minor Intermediate - Major Minor



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
Standard0.0527630.0571870.0608430.0652670.0689230.0733470.077003
Camarilla0.0622780.0630190.0637590.0645000.0652410.0659810.066722
Woodie0.0523800.0569950.0604600.0650750.0685400.0731550.076620
Fibonacci0.0571870.0602730.0621800.0652670.0683530.0702600.073347


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0359770.0487930.0566470.0694630.0773170.0901330.097987
Camarilla0.0588160.0607110.0626050.0645000.0663950.0682900.070184
Woodie0.0334950.0475530.0541650.0682230.0748350.0888930.095505
Fibonacci0.0487930.0566890.0615670.0694630.0773590.0822370.090133


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0514600.0664500.0796200.0946100.1077800.1227700.135940
Camarilla0.0850460.0876270.0902090.0927900.0953710.0979530.100534
Woodie0.0505500.0659950.0787100.0941550.1068700.1223150.135030
Fibonacci0.0664500.0772070.0838530.0946100.1053670.1120130.122770

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 48.99
MACD (12,26,9): -0.0002
Directional Movement: 0.767208
AROON (14): 85.714286
DEMA (21): 0.064162
Parabolic SAR (0,02-0,02-0,2): 0.062899
Elder Ray (13): 0.000327
Super Trend (3,10): 0.065575
Zig ZAG (10): 0.064800
VORTEX (21): 1.0858
Stochastique (14,3,5): 71.43
TEMA (21): 0.064923
Williams %R (14): -23.33
Chande Momentum Oscillator (20): 0.001100
Repulse (5,40,3): -0.4829
ROCnROLL: -1
TRIX (15,9): -0.1091
Courbe Coppock: 5.35
MA7: 0.071214
MA20: 0.085495
MA50: 0.090442
MA100: 0.077121
MAexp7: 0.064862
MAexp20: 0.064674
MAexp50: 0.066163
MAexp100: 0.069174
Price / MA7: -9.43%
Price / MA20: -24.56%
Price / MA50: -28.68%
Price / MA100: -16.37%
Price / MAexp7: -0.56%
Price / MAexp20: -0.27%
Price / MAexp50: -2.51%
Price / MAexp100: -6.76%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia
Londinia AI

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