COTI - COTI/USD - 1H - Technical analysis published on 11/07/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 0.104427 USD
My targets
0.112700 USD (+2.64%)
0.127760 USD (+16.36%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on COTI - COTI/USD as long as the price remains well above 0.104427 USD. The buyers' bullish objective is set at 0.112700 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.127760 USD. If there is any crossing, the next objective would be the resistance located at 0.136700 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
5.2
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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 rating is 0.109800 USD. The price has increased by +6.09% since the last closing and was traded between 0.103100 USD and 0.109800 USD over the period. The price is currently at +6.50% from its lowest and 0% from its highest.0.103100
0.109800
0.109800
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by COTI - COTI/USD:
Technical
Technical analysis of COTI - COTI/USD in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.096858 | 0.101256 | 0.104427 | 0.109800 | 0.112700 | 0.136700 | 0.180100 |
| Change (%) | -11.79% | -7.78% | -4.89% | - | +2.64% | +24.50% | +64.03% |
| Change | -0.012942 | -0.008544 | -0.005373 | - | +0.002900 | +0.026900 | +0.070300 |
| Level | Major | Intermediate | Intermediate | - | Minor | 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 | 0.092200 | 0.097700 | 0.100600 | 0.106100 | 0.109000 | 0.114500 | 0.117400 |
| Camarilla | 0.101190 | 0.101960 | 0.102730 | 0.103500 | 0.104270 | 0.105040 | 0.105810 |
| Woodie | 0.090900 | 0.097050 | 0.099300 | 0.105450 | 0.107700 | 0.113850 | 0.116100 |
| Fibonacci | 0.097700 | 0.100909 | 0.102891 | 0.106100 | 0.109309 | 0.111291 | 0.114500 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.078650 | 0.087380 | 0.098840 | 0.107570 | 0.119030 | 0.127760 | 0.139220 |
| Camarilla | 0.104748 | 0.106599 | 0.108449 | 0.110300 | 0.112151 | 0.114002 | 0.115852 |
| Woodie | 0.080015 | 0.088063 | 0.100205 | 0.108253 | 0.120395 | 0.128443 | 0.140585 |
| Fibonacci | 0.087380 | 0.095093 | 0.099857 | 0.107570 | 0.115283 | 0.120047 | 0.127760 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 53.37 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -5.703115 | |
| AROON (14): | 21.428571 | |
| DEMA (21): | 0.107005 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.104511 | |
| Elder Ray (13): | 0.001340 | |
| Super Trend (3,10): | 0.103563 | |
| Zig ZAG (10): | 0.108900 | |
| VORTEX (21): | 0.9678 | |
| Stochastique (14,3,5): | 73.12 | |
| TEMA (21): | 0.107202 | |
| Williams %R (14): | -14.52 | |
| Chande Momentum Oscillator (20): | 0.002000 | |
| Repulse (5,40,3): | 1.1697 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1117 | |
| Courbe Coppock: | 0.02 |
| MA7: | 0.105543 | |
| MA20: | 0.102975 | |
| MA50: | 0.105029 | |
| MA100: | 0.103798 | |
| MAexp7: | 0.107650 | |
| MAexp20: | 0.107705 | |
| MAexp50: | 0.108511 | |
| MAexp100: | 0.108031 | |
| Price / MA7: | +4.03% | |
| Price / MA20: | +6.63% | |
| Price / MA50: | +4.54% | |
| Price / MA100: | +5.78% | |
| Price / MAexp7: | +2.00% | |
| Price / MAexp20: | +1.95% | |
| Price / MAexp50: | +1.19% | |
| Price / MAexp100: | +1.64% |
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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