COTI - COTI/USDT

- USDT (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	COTIUSDT
ISIN:

COTI - COTI/USDT - Daily - Technical analysis published on 03/26/2022 (GMT)

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

83%

11%

My opinion

Bullish above 0.231200 USDT

My targets

0.245333 USDT (+2.31%)

0.294100 USDT (+22.64%)

My analysis

The strong short-term increase in COTI - COTI/USDT calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.231200 USDT, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.245333 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.294100 USDT as an objective. Crossing it would then enable buyers to target 0.408200 USDT. Caution, a return under 0.231200 USDT could jeopardize the reversal.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

2.9

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

Additional analysis

Quotes

The COTI - COTI/USDT price is 0.239800 USDT. The price has increased by +4.76% since the last closing and was between 0.227600 USDT and 0.241500 USDT. This implies that the price is at +5.36% from its lowest and at -0.70% from its highest.

0.227600

0.241500

0.239800

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:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of COTI - COTI/USDT in Daily shows an overall slightly bearish trend. 57.14% 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. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.092083	0.162000	0.231200	0.239800	0.294100	0.408200	0.510900
Change (%)	-61.60%	-32.44%	-3.59%	-	+22.64%	+70.23%	+113.05%
Change	-0.147717	-0.077800	-0.008600	-	+0.054300	+0.168400	+0.271100
Level	Major	Intermediate	Intermediate	-	Intermediate	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.205233	0.214767	0.221833	0.231367	0.238433	0.247967	0.255033
Camarilla	0.224335	0.225857	0.227378	0.228900	0.230422	0.231943	0.233465
Woodie	0.204000	0.214150	0.220600	0.230750	0.237200	0.247350	0.253800
Fibonacci	0.214767	0.221108	0.225026	0.231367	0.237708	0.241626	0.247967

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.141833	0.164067	0.187733	0.209967	0.233633	0.255867	0.279533
Camarilla	0.198778	0.202985	0.207193	0.211400	0.215608	0.219815	0.224023
Woodie	0.142550	0.164425	0.188450	0.210325	0.234350	0.256225	0.280250
Fibonacci	0.164067	0.181601	0.192433	0.209967	0.227501	0.238333	0.255867

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.006233	0.082333	0.156767	0.245333	0.319767	0.408333	0.482767
Camarilla	0.186375	0.201317	0.216258	0.231200	0.246142	0.261083	0.276025
Woodie	-0.013300	0.078800	0.149700	0.241800	0.312700	0.404800	0.475700
Fibonacci	0.082333	0.144599	0.183067	0.245333	0.307599	0.346067	0.408333

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):	60.56
MACD (12,26,9):	0.0010
Directional Movement:	7.220329
AROON (14):	78.571429
DEMA (21):	0.214798
Parabolic SAR (0,02-0,02-0,2):	0.195436
Elder Ray (13):	0.015222
Super Trend (3,10):	0.189671
Zig ZAG (10):	0.239400
VORTEX (21):	1.0872
Stochastique (14,3,5):	89.85
TEMA (21):	0.228834
Williams %R (14):	-3.26
Chande Momentum Oscillator (20):	0.045700
Repulse (5,40,3):	7.7657
ROCnROLL:	-1
TRIX (15,9):	-0.3639
Courbe Coppock:	27.32

MA7:	0.223900
MA20:	0.208715
MA50:	0.233210
MA100:	0.284948
MAexp7:	0.226358
MAexp20:	0.217520
MAexp50:	0.236393
MAexp100:	0.273519
Price / MA7:	+7.10%
Price / MA20:	+14.89%
Price / MA50:	+2.83%
Price / MA100:	-15.84%
Price / MAexp7:	+5.94%
Price / MAexp20:	+10.24%
Price / MAexp50:	+1.44%
Price / MAexp100:	-12.33%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia AI

Online

Overall rating :

16042

Number of analyses :

98448

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…