COTI - COTI/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	COTIUSDT
ISIN:

COTI - COTI/USDT - Weekly - Technical analysis published on 03/28/2022 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

33%

28%

39%

My opinion

Bearish under 0.294100 USDT

My targets

0.245333 USDT (-11.14%)

0.162000 USDT (-41.33%)

My analysis

The strong short-term decrease of COTI - COTI/USDT should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 0.294100 USDT, a sale could be considered. The first bearish objective is located at 0.245333 USDT. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 0.162000 USDT. If there is any crossing, the next objective would be support 0.092083 USDT. Caution, if there is a return to above 0.294100 USDT, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

1.6

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 0.276100 USDT. The price is up +27.12% over 5 days and was traded between 0.224300 USDT and 0.249500 USDT over the period. The price is currently at +23.09% from its lowest point and +10.66% from its highest point.

0.224300

0.249500

0.276100

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

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 an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of COTI - COTI/USDT in Weekly shows a neutral overall trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Weekly

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : Weekly

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Weekly

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

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Three white soldiers

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.025502	0.092083	0.162000	0.276100	0.294100	0.408200	0.510900
Change (%)	-90.76%	-66.65%	-41.33%	-	+6.52%	+47.84%	+85.04%
Change	-0.250598	-0.184017	-0.114100	-	+0.018000	+0.132100	+0.234800
Level	Minor	Major	Intermediate	-	Intermediate	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	0.229633	0.236467	0.246933	0.253767	0.264233	0.271067	0.281533
Camarilla	0.252643	0.254228	0.255814	0.257400	0.258986	0.260572	0.262158
Woodie	0.231450	0.237375	0.248750	0.254675	0.266050	0.271975	0.283350
Fibonacci	0.236467	0.243075	0.247158	0.253767	0.260375	0.264458	0.271067

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.166633	0.183367	0.216033	0.232767	0.265433	0.282167	0.314833
Camarilla	0.235115	0.239643	0.244172	0.248700	0.253228	0.257757	0.262285
Woodie	0.174600	0.187350	0.224000	0.236750	0.273400	0.286150	0.322800
Fibonacci	0.183367	0.202238	0.213896	0.232767	0.251638	0.263296	0.282167

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

Technical indicators

Moving averages

RSI (14):	47.90
MACD (12,26,9):	-0.0351
Directional Movement:	1.127684
AROON (14):	-64.285714
DEMA (21):	0.250385
Parabolic SAR (0,02-0,02-0,2):	0.170900
Elder Ray (13):	0.004207
Super Trend (3,10):	0.171746
Zig ZAG (10):	0.278000
VORTEX (21):	0.8664
Stochastique (14,3,5):	27.13
TEMA (21):	0.203135
Williams %R (14):	-57.99
Chande Momentum Oscillator (20):	-0.055600
Repulse (5,40,3):	16.6364
ROCnROLL:	-1
TRIX (15,9):	-1.0587
Courbe Coppock:	75.91

MA7:	0.241586
MA20:	0.215910
MA50:	0.231682
MA100:	0.284219
MAexp7:	0.244506
MAexp20:	0.287995
MAexp50:	0.289489
MAexp100:	0.221060
Price / MA7:	+14.29%
Price / MA20:	+27.88%
Price / MA50:	+19.17%
Price / MA100:	-2.86%
Price / MAexp7:	+12.92%
Price / MAexp20:	-4.13%
Price / MAexp50:	-4.63%
Price / MAexp100:	+24.90%

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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