COTI - COTI/USD - 1H - Technical analysis published on 11/04/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.109800 USD
My targets
0.114333 USD (+3.19%)
0.120767 USD (+9.00%)
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/USD as long as the price remains well above 0.109800 USD. The buyers' bullish objective is set at 0.114333 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.120767 USD. If there is any crossing, the next objective would be the resistance located at 0.136180 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COTI - COTI/USD price is 0.110800 USD. The price has increased by +7.99% since the last closing with the lowest point at 0.101300 USD and the highest point at 0.110800 USD. The deviation from the price is +9.38% for the low point and 0% for the high point.0.101300
0.110800
0.110800
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of COTI - COTI/USD in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Upside gap
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.104473 | 0.107900 | 0.109800 | 0.110800 | 0.136180 | 0.180100 | 0.222300 |
| Change (%) | -5.71% | -2.62% | -0.90% | - | +22.91% | +62.55% | +100.63% |
| Change | -0.006327 | -0.002900 | -0.001000 | - | +0.025380 | +0.069300 | +0.111500 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.093867 | 0.096133 | 0.099367 | 0.101633 | 0.104867 | 0.107133 | 0.110367 |
| Camarilla | 0.101088 | 0.101592 | 0.102096 | 0.102600 | 0.103104 | 0.103608 | 0.104113 |
| Woodie | 0.094350 | 0.096375 | 0.099850 | 0.101875 | 0.105350 | 0.107375 | 0.110850 |
| Fibonacci | 0.096133 | 0.098234 | 0.099532 | 0.101633 | 0.103734 | 0.105032 | 0.107133 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.088967 | 0.093133 | 0.099567 | 0.103733 | 0.110167 | 0.114333 | 0.120767 |
| Camarilla | 0.103085 | 0.104057 | 0.105028 | 0.106000 | 0.106972 | 0.107943 | 0.108915 |
| Woodie | 0.090100 | 0.093700 | 0.100700 | 0.104300 | 0.111300 | 0.114900 | 0.121900 |
| Fibonacci | 0.093133 | 0.097183 | 0.099684 | 0.103733 | 0.107783 | 0.110284 | 0.114333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.049450 | 0.071520 | 0.087160 | 0.109230 | 0.124870 | 0.146940 | 0.162580 |
| Camarilla | 0.092430 | 0.095887 | 0.099343 | 0.102800 | 0.106257 | 0.109714 | 0.113170 |
| Woodie | 0.046235 | 0.069913 | 0.083945 | 0.107623 | 0.121655 | 0.145333 | 0.159365 |
| Fibonacci | 0.071520 | 0.085925 | 0.094825 | 0.109230 | 0.123635 | 0.132535 | 0.146940 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 66.28 | |
| MACD (12,26,9): | 0.0009 | |
| Directional Movement: | -1.845976 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.103723 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.099116 | |
| Elder Ray (13): | 0.002069 | |
| Super Trend (3,10): | 0.100962 | |
| Zig ZAG (10): | 0.105500 | |
| VORTEX (21): | 1.0374 | |
| Stochastique (14,3,5): | 94.56 | |
| TEMA (21): | 0.104419 | |
| Williams %R (14): | -4.05 | |
| Chande Momentum Oscillator (20): | 0.004400 | |
| Repulse (5,40,3): | 3.5012 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1028 | |
| Courbe Coppock: | 4.38 |
| MA7: | 0.103214 | |
| MA20: | 0.101381 | |
| MA50: | 0.104089 | |
| MA100: | 0.103721 | |
| MAexp7: | 0.103889 | |
| MAexp20: | 0.102587 | |
| MAexp50: | 0.101808 | |
| MAexp100: | 0.102068 | |
| Price / MA7: | +7.35% | |
| Price / MA20: | +9.29% | |
| Price / MA50: | +6.45% | |
| Price / MA100: | +6.83% | |
| Price / MAexp7: | +6.65% | |
| Price / MAexp20: | +8.01% | |
| Price / MAexp50: | +8.83% | |
| Price / MAexp100: | +8.56% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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