COTI - COTI/USD
COTI - COTI/USD
- USD (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: COTIUSD
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COTI - COTI/USD - 1H - Technical analysis published on 10/05/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
39%
11%
50%
My opinion
Bullish above 0.097157 USD
My targets
0.106743 USD (+6.85%)
0.115317 USD (+15.43%)
My analysis
The strong short-term increase in COTI - COTI/USD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.097157 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.106743 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.115317 USD as an objective. Crossing it would then enable buyers to target 0.121057 USD. Caution, a return under 0.097157 USD could jeopardize the reversal.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
1.6

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:
15 min. Daily Weekly

Additional analysis

Quotes

The COTI - COTI/USD rating is 0.099903 USD. The price registered a decrease of -0.01% on the session and was traded between 0.097805 USD and 0.100979 USD over the period. The price is currently at +2.15% from its lowest and -1.07% from its highest.

0.097805
0.100979
0.099903

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this COTI - COTI/USD chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.083383 0.092918 0.099703 0.099903 0.115317 0.121057 0.128600
Change (%) -16.54% -6.99% -0.20% - +15.43% +21.17% +28.72%
Change -0.016520 -0.006985 -0.000200 - +0.015414 +0.021154 +0.028697
Level Intermediate Minor Major - Minor Major Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0920080.0937680.0968390.0985990.1016700.1034300.106501
Camarilla0.0985830.0990250.0994680.0999110.1003540.1007970.101240
Woodie0.0926650.0940960.0974960.0989270.1023270.1037580.107158
Fibonacci0.0937680.0956130.0967530.0985990.1004440.1015840.103430


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0971570.1067430.1126270.1222130.1280970.1376830.143567
Camarilla0.1142580.1156760.1170940.1185120.1199300.1213480.122766
Woodie0.0953070.1058180.1107770.1212880.1262470.1367580.141717
Fibonacci0.1067430.1126520.1163030.1222130.1281220.1317730.137683


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0231920.0481960.0822280.1072320.1412640.1662680.200300
Camarilla0.1000250.1054370.1108480.1162600.1216720.1270830.132495
Woodie0.0277060.0504530.0867420.1094890.1457780.1685250.204814
Fibonacci0.0481960.0707480.0846800.1072320.1297840.1437160.166268

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): 53.92
MACD (12,26,9): 0.0004
Directional Movement: 2.330106
AROON (14): -21.428571
DEMA (21): 0.099977
Parabolic SAR (0,02-0,02-0,2): 0.098206
Elder Ray (13): 0.000271
Super Trend (3,10): 0.097025
Zig ZAG (10): 0.099904
VORTEX (21): 1.1384
Stochastique (14,3,5): 64.95
TEMA (21): 0.100327
Williams %R (14): -33.74
Chande Momentum Oscillator (20): 0.000124
Repulse (5,40,3): -0.0361
ROCnROLL: -1
TRIX (15,9): 0.0779
Courbe Coppock: 1.01
MA7: 0.105299
MA20: 0.113772
MA50: 0.099238
MA100: 0.095308
MAexp7: 0.099812
MAexp20: 0.099380
MAexp50: 0.099502
MAexp100: 0.102675
Price / MA7: -5.12%
Price / MA20: -12.19%
Price / MA50: +0.67%
Price / MA100: +4.82%
Price / MAexp7: +0.09%
Price / MAexp20: +0.53%
Price / MAexp50: +0.40%
Price / MAexp100: -2.70%

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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