COTI - COTI/USDT

- USDT (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	COTIUSDT
ISIN:

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

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

22%

My opinion

Bullish above 0.043755 USDT

My targets

0.050114 USDT (+10.44%)

0.057280 USDT (+26.23%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on COTI - COTI/USDT. This is a positive signal for buyers. As long as the price remains above 0.043755 USDT, a purchase could be considered. The first bullish objective is located at 0.050114 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.057280 USDT as an objective. Crossing it would then enable buyers to target 0.071540 USDT. In the event of a return below 0.043755 USDT, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.7

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 rating is 0.045377 USDT. The price is lower by -0.99% since the last closing and was traded between 0.045238 USDT and 0.046125 USDT over the period. The price is currently at +0.31% from its lowest and -1.62% from its highest.

0.045238

0.046125

0.045377

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on COTI - COTI/USDT were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this Daily chart of COTI - COTI/USDT indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
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

The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.038110	0.043755	0.045377	0.057280	0.071540	0.080560
Change (%)	-16.01%	-3.57%	-	+26.23%	+57.66%	+77.53%
Change	-0.007267	-0.001622	-	+0.011903	+0.026163	+0.035183
Level	Major	Major	-	Major	Intermediate	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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	62.01
MACD (12,26,9):	0.0015
Directional Movement:	16.983794
AROON (14):	78.571429
DEMA (21):	0.044080
Parabolic SAR (0,02-0,02-0,2):	0.040082
Elder Ray (13):	0.002264
Super Trend (3,10):	0.039606
Zig ZAG (10):	0.045267
VORTEX (21):	1.1965
Stochastique (14,3,5):	88.56
TEMA (21):	0.045615
Williams %R (14):	-18.46
Chande Momentum Oscillator (20):	0.007729
Repulse (5,40,3):	1.6050
ROCnROLL:	1
TRIX (15,9):	0.2437
Courbe Coppock:	35.57

MA7:	0.044959
MA20:	0.041116
MA50:	0.041300
MA100:	0.042196
MAexp7:	0.044771
MAexp20:	0.042527
MAexp50:	0.041811
MAexp100:	0.044200
Price / MA7:	+0.93%
Price / MA20:	+10.36%
Price / MA50:	+9.87%
Price / MA100:	+7.54%
Price / MAexp7:	+1.35%
Price / MAexp20:	+6.70%
Price / MAexp50:	+8.53%
Price / MAexp100:	+2.66%

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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