COTI - COTI/USDT

- USDT (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	COTIUSDT
ISIN:

COTI - COTI/USDT - Weekly - Technical analysis published on 11/01/2023 (GMT)

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Strongly bearish

Technical indicators

44%

22%

33%

My opinion

Bearish under 0.061417 USDT

My targets

0.038110 USDT (-15.94%)

My analysis

With a strongly bearish trend, the price of COTI - COTI/USDT is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.061417 USDT remains possible. It would be possible for traders to only trade short positions (for sale) on COTI - COTI/USDT as long as the price remains well below 0.061417 USDT. The next bearish objective for sellers is set at 0.038110 USDT. A bearish break of this support would revive the bearish momentum.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

3.6

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

COTI - COTI/USDT rating 0.045337 USDT. The price registered an increase of +4.37% over 5 days and was traded between 0.042861 USDT and 0.046991 USDT over the period. The price is currently at +5.78% from its lowest point and -3.52% from its highest point.

0.042861

0.046991

0.045337

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Technical

A technical analysis in Weekly of this COTI - COTI/USDT chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the global trend is slowing down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Weekly

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

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

	S1	Price	R1	R2	R3
ProTrendLines	0.038110	0.045337	0.123600	0.311900	0.510900
Change (%)	-15.94%	-	+172.63%	+587.96%	+1,026.89%
Change	-0.007227	-	+0.078263	+0.266563	+0.465563
Level	Major	-	Minor	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	0.040786	0.042412	0.044122	0.045748	0.047458	0.049084	0.050794
Camarilla	0.044915	0.045220	0.045526	0.045832	0.046138	0.046444	0.046749
Woodie	0.040828	0.042433	0.044164	0.045769	0.047500	0.049105	0.050836
Fibonacci	0.042412	0.043686	0.044474	0.045748	0.047022	0.047810	0.049084

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.032862	0.035266	0.039798	0.042202	0.046734	0.049138	0.053670
Camarilla	0.042422	0.043057	0.043693	0.044329	0.044965	0.045601	0.046236
Woodie	0.033925	0.035798	0.040861	0.042734	0.047797	0.049670	0.054733
Fibonacci	0.035266	0.037916	0.039553	0.042202	0.044852	0.046489	0.049138

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.027508	0.031789	0.038811	0.043092	0.050114	0.054395	0.061417
Camarilla	0.042724	0.043760	0.044796	0.045832	0.046868	0.047904	0.048940
Woodie	0.028878	0.032474	0.040181	0.043777	0.051484	0.055080	0.062787
Fibonacci	0.031789	0.036107	0.038775	0.043092	0.047410	0.050078	0.054395

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):	44.97
MACD (12,26,9):	-0.0068
Directional Movement:	2.941120
AROON (14):	-78.571429
DEMA (21):	0.037357
Parabolic SAR (0,02-0,02-0,2):	0.057125
Elder Ray (13):	0.001123
Super Trend (3,10):	0.061171
Zig ZAG (10):	0.045614
VORTEX (21):	1.0167
Stochastique (14,3,5):	31.53
TEMA (21):	0.040326
Williams %R (14):	-56.01
Chande Momentum Oscillator (20):	-0.004383
Repulse (5,40,3):	11.5862
ROCnROLL:	-1
TRIX (15,9):	-1.9882
Courbe Coppock:	23.75

MA7:	0.044959
MA20:	0.041116
MA50:	0.041300
MA100:	0.042196
MAexp7:	0.043054
MAexp20:	0.047379
MAexp50:	0.068766
MAexp100:	0.099536
Price / MA7:	+0.84%
Price / MA20:	+10.27%
Price / MA50:	+9.77%
Price / MA100:	+7.44%
Price / MAexp7:	+5.30%
Price / MAexp20:	-4.31%
Price / MAexp50:	-34.07%
Price / MAexp100:	-54.45%

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 :

15831

Number of analyses :

95394

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…