COTI - COTI/USDT - Daily - Technical analysis published on 03/18/2023 (GMT)
- 170
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
67%
6%
28%
My opinion
Neutral between 0.074446 USDT and 0.084370 USDT
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on COTI - COTI/USDT. It is difficult to advise a trading direction under these conditions. The first support is located at 0.074446 USDT. The first resistance is located at 0.084370 USDT. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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.
This analysis was given by domdufour. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
COTI - COTI/USDT rating 0.082190 USDT. The price registered an increase of +4.44% on the session and was between 0.077700 USDT and 0.082900 USDT. This implies that the price is at +5.78% from its lowest and at -0.86% from its highest.0.077700
0.082900
0.082190
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by COTI - COTI/USDT:
Technical
Technical analysis of this Daily chart of COTI - COTI/USDT indicates that the overall trend is slightly bearish. Only 46.43% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
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 | 0.059190 | 0.067470 | 0.074446 | 0.082190 | 0.084370 | 0.104990 | 0.126340 |
| Change (%) | -27.98% | -17.91% | -9.42% | - | +2.65% | +27.74% | +53.72% |
| Change | -0.023000 | -0.014720 | -0.007744 | - | +0.002180 | +0.022800 | +0.044150 |
| Level | Minor | Major | Intermediate | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.066110 | 0.068860 | 0.073780 | 0.076530 | 0.081450 | 0.084200 | 0.089120 |
| Camarilla | 0.076591 | 0.077294 | 0.077997 | 0.078700 | 0.079403 | 0.080106 | 0.080809 |
| Woodie | 0.067195 | 0.069403 | 0.074865 | 0.077073 | 0.082535 | 0.084743 | 0.090205 |
| Fibonacci | 0.068860 | 0.071790 | 0.073600 | 0.076530 | 0.079460 | 0.081270 | 0.084200 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035977 | 0.048793 | 0.056647 | 0.069463 | 0.077317 | 0.090133 | 0.097987 |
| Camarilla | 0.058816 | 0.060711 | 0.062605 | 0.064500 | 0.066395 | 0.068290 | 0.070184 |
| Woodie | 0.033495 | 0.047553 | 0.054165 | 0.068223 | 0.074835 | 0.088893 | 0.095505 |
| Fibonacci | 0.048793 | 0.056689 | 0.061567 | 0.069463 | 0.077359 | 0.082237 | 0.090133 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.051460 | 0.066450 | 0.079620 | 0.094610 | 0.107780 | 0.122770 | 0.135940 |
| Camarilla | 0.085046 | 0.087627 | 0.090209 | 0.092790 | 0.095371 | 0.097953 | 0.100534 |
| Woodie | 0.050550 | 0.065995 | 0.078710 | 0.094155 | 0.106870 | 0.122315 | 0.135030 |
| Fibonacci | 0.066450 | 0.077207 | 0.083853 | 0.094610 | 0.105367 | 0.112013 | 0.122770 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.79 | |
| MACD (12,26,9): | -0.0039 | |
| Directional Movement: | 1.032888 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.073544 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.063045 | |
| Elder Ray (13): | 0.003463 | |
| Super Trend (3,10): | 0.086541 | |
| Zig ZAG (10): | 0.082600 | |
| VORTEX (21): | 0.8370 | |
| Stochastique (14,3,5): | 72.83 | |
| TEMA (21): | 0.071320 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.001940 | |
| Repulse (5,40,3): | 15.0187 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.8664 | |
| Courbe Coppock: | 24.01 |
| MA7: | 0.075264 | |
| MA20: | 0.078405 | |
| MA50: | 0.090895 | |
| MA100: | 0.077397 | |
| MAexp7: | 0.076432 | |
| MAexp20: | 0.078880 | |
| MAexp50: | 0.082549 | |
| MAexp100: | 0.082772 | |
| Price / MA7: | +9.20% | |
| Price / MA20: | +4.83% | |
| Price / MA50: | -9.58% | |
| Price / MA100: | +6.19% | |
| Price / MAexp7: | +7.53% | |
| Price / MAexp20: | +4.20% | |
| Price / MAexp50: | -0.43% | |
| Price / MAexp100: | -0.70% |
Quotes :
-
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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