COTI - COTI/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	COTIUSD
ISIN:

COTI - COTI/USD - Daily - Technical analysis published on 10/16/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 0.102400 USD

My targets

0.090233 USD (-8.76%)

0.083976 USD (-15.09%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on COTI - COTI/USD as long as the price remains well below 0.102400 USD. The sellers' bearish objective is set at 0.090233 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.083976 USD.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

4.3

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The COTI - COTI/USD rating is 0.098900 USD. The price registered a decrease of -0.01% on the session and was traded between 0.097570 USD and 0.103000 USD over the period. The price is currently at +1.36% from its lowest and -3.98% from its highest.

0.097570

0.103000

0.098900

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of COTI - COTI/USD in Daily shows an overall bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.083976	0.098900	0.102400	0.180100	0.222300
Change (%)	-15.09%	-	+3.54%	+82.10%	+124.77%
Change	-0.014924	-	+0.003500	+0.081200	+0.123400
Level	Intermediate	-	Major	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.090640	0.093370	0.096140	0.098870	0.101640	0.104370	0.107140
Camarilla	0.097398	0.097902	0.098406	0.098910	0.099414	0.099918	0.100423
Woodie	0.090660	0.093380	0.096160	0.098880	0.101660	0.104380	0.107160
Fibonacci	0.093370	0.095471	0.096769	0.098870	0.100971	0.102269	0.104370

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.066990	0.080290	0.089600	0.102900	0.112210	0.125510	0.134820
Camarilla	0.092692	0.094765	0.096837	0.098910	0.100983	0.103055	0.105128
Woodie	0.064995	0.079293	0.087605	0.101903	0.110215	0.124513	0.132825
Fibonacci	0.080290	0.088927	0.094263	0.102900	0.111537	0.116873	0.125510

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.059233	0.072867	0.090233	0.103867	0.121233	0.134867	0.152233
Camarilla	0.099075	0.101917	0.104758	0.107600	0.110442	0.113283	0.116125
Woodie	0.061100	0.073800	0.092100	0.104800	0.123100	0.135800	0.154100
Fibonacci	0.072867	0.084709	0.092025	0.103867	0.115709	0.123025	0.134867

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):	42.03
MACD (12,26,9):	-0.0010
Directional Movement:	-3.558396
AROON (14):	-71.428572
DEMA (21):	0.105511
Parabolic SAR (0,02-0,02-0,2):	0.126428
Elder Ray (13):	-0.004450
Super Trend (3,10):	0.120707
Zig ZAG (10):	0.099000
VORTEX (21):	0.9849
Stochastique (14,3,5):	12.31
TEMA (21):	0.102708
Williams %R (14):	-85.65
Chande Momentum Oscillator (20):	-0.022800
Repulse (5,40,3):	-4.2249
ROCnROLL:	2
TRIX (15,9):	0.2602
Courbe Coppock:	15.12

MA7:	0.101346
MA20:	0.109061
MA50:	0.101232
MA100:	0.103274
MAexp7:	0.101942
MAexp20:	0.105527
MAexp50:	0.104526
MAexp100:	0.109419
Price / MA7:	-2.41%
Price / MA20:	-9.32%
Price / MA50:	-2.30%
Price / MA100:	-4.24%
Price / MAexp7:	-2.98%
Price / MAexp20:	-6.28%
Price / MAexp50:	-5.38%
Price / MAexp100:	-9.61%

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 AI

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