COTI - COTI/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	COTIUSDT
ISIN:

COTI - COTI/USDT - Daily - Technical analysis published on 04/04/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

94%

My opinion

Bullish above 0.294100 USDT

My targets

0.374133 USDT (+18.62%)

0.408200 USDT (+29.42%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on COTI - COTI/USDT as long as the price remains well above 0.294100 USDT. The buyers' bullish objective is set at 0.374133 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.408200 USDT. If there is any crossing, the next objective would be the resistance located at 0.510900 USDT.

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

6.6

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

Additional analysis

Quotes

COTI - COTI/USDT rating 0.315400 USDT. The price has increased by +10.13% since the last closing and was traded between 0.279500 USDT and 0.318800 USDT over the period. The price is currently at +12.84% from its lowest and -1.07% from its highest.

0.279500

0.318800

0.315400

The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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 study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of COTI - COTI/USDT indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.162000	0.255500	0.294100	0.315400	0.408200	0.510900	0.566750
Change (%)	-48.64%	-18.99%	-6.75%	-	+29.42%	+61.98%	+79.69%
Change	-0.153400	-0.059900	-0.021300	-	+0.092800	+0.195500	+0.251350
Level	Intermediate	Intermediate	Major	-	Intermediate	Intermediate	Minor

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	0.256667	0.263533	0.274967	0.281833	0.293267	0.300133	0.311567
Camarilla	0.281368	0.283045	0.284723	0.286400	0.288078	0.289755	0.291433
Woodie	0.258950	0.264675	0.277250	0.282975	0.295550	0.301275	0.313850
Fibonacci	0.263533	0.270524	0.274843	0.281833	0.288824	0.293143	0.300133

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.182433	0.212867	0.244533	0.274967	0.306633	0.337067	0.368733
Camarilla	0.259123	0.264815	0.270508	0.276200	0.281893	0.287585	0.293278
Woodie	0.183050	0.213175	0.245150	0.275275	0.307250	0.337375	0.369350
Fibonacci	0.212867	0.236589	0.251245	0.274967	0.298689	0.313345	0.337067

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.085567	0.135933	0.204667	0.255033	0.323767	0.374133	0.442867
Camarilla	0.240648	0.251565	0.262483	0.273400	0.284318	0.295235	0.306153
Woodie	0.094750	0.140525	0.213850	0.259625	0.332950	0.378725	0.452050
Fibonacci	0.135933	0.181430	0.209537	0.255033	0.300530	0.328637	0.374133

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):	73.72
MACD (12,26,9):	0.0203
Directional Movement:	20.540522
AROON (14):	100.000000
DEMA (21):	0.279366
Parabolic SAR (0,02-0,02-0,2):	0.266844
Elder Ray (13):	0.029830
Super Trend (3,10):	0.225573
Zig ZAG (10):	0.315400
VORTEX (21):	1.1972
Stochastique (14,3,5):	84.13
TEMA (21):	0.301662
Williams %R (14):	-1.92
Chande Momentum Oscillator (20):	0.087900
Repulse (5,40,3):	16.0088
ROCnROLL:	1
TRIX (15,9):	0.8553
Courbe Coppock:	70.30

MA7:	0.287043
MA20:	0.246465
MA50:	0.229818
MA100:	0.279626
MAexp7:	0.284702
MAexp20:	0.257351
MAexp50:	0.250395
MAexp100:	0.275132
Price / MA7:	+9.88%
Price / MA20:	+27.97%
Price / MA50:	+37.24%
Price / MA100:	+12.79%
Price / MAexp7:	+10.78%
Price / MAexp20:	+22.56%
Price / MAexp50:	+25.96%
Price / MAexp100:	+14.64%

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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