COTI - COTI/USD - 1H - Technical analysis published on 05/17/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 0.069800 USD
My targets
0.071085 USD (+0.87%)
0.071920 USD (+2.06%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on COTI - COTI/USD. As long as you are above the support located at 0.069800 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.071085 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.071920 USD as an objective. Crossing it would then enable buyers to target 0.075364 USD. If the support 0.069800 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.9
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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 0.070470 USD. On the day, this instrument lost -0.03% with the lowest point at 0.069900 USD and the highest point at 0.071790 USD. The deviation from the price is +0.82% for the low point and -1.84% for the high point.0.069900
0.071790
0.070470
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by COTI - COTI/USD:
Technical
A technical analysis in 1H of this COTI - COTI/USD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.067429 | 0.068103 | 0.069800 | 0.070470 | 0.071085 | 0.071920 | 0.075364 |
| Change (%) | -4.32% | -3.36% | -0.95% | - | +0.87% | +2.06% | +6.94% |
| Change | -0.003041 | -0.002367 | -0.000670 | - | +0.000615 | +0.001450 | +0.004894 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | 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 | 0.065560 | 0.066790 | 0.068640 | 0.069870 | 0.071720 | 0.072950 | 0.074800 |
| Camarilla | 0.069643 | 0.069925 | 0.070208 | 0.070490 | 0.070772 | 0.071055 | 0.071337 |
| Woodie | 0.065870 | 0.066945 | 0.068950 | 0.070025 | 0.072030 | 0.073105 | 0.075110 |
| Fibonacci | 0.066790 | 0.067967 | 0.068693 | 0.069870 | 0.071047 | 0.071773 | 0.072950 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.051730 | 0.058620 | 0.063130 | 0.070020 | 0.074530 | 0.081420 | 0.085930 |
| Camarilla | 0.064505 | 0.065550 | 0.066595 | 0.067640 | 0.068685 | 0.069730 | 0.070775 |
| Woodie | 0.050540 | 0.058025 | 0.061940 | 0.069425 | 0.073340 | 0.080825 | 0.084740 |
| Fibonacci | 0.058620 | 0.062975 | 0.065665 | 0.070020 | 0.074375 | 0.077065 | 0.081420 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.028840 | 0.051470 | 0.065040 | 0.087670 | 0.101240 | 0.123870 | 0.137440 |
| Camarilla | 0.068655 | 0.071973 | 0.075292 | 0.078610 | 0.081928 | 0.085247 | 0.088565 |
| Woodie | 0.024310 | 0.049205 | 0.060510 | 0.085405 | 0.096710 | 0.121605 | 0.132910 |
| Fibonacci | 0.051470 | 0.065298 | 0.073842 | 0.087670 | 0.101498 | 0.110042 | 0.123870 |
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): | 47.10 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | -1.882854 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.070844 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.071756 | |
| Elder Ray (13): | -0.000488 | |
| Super Trend (3,10): | 0.069778 | |
| Zig ZAG (10): | 0.070100 | |
| VORTEX (21): | 1.0565 | |
| Stochastique (14,3,5): | 30.67 | |
| TEMA (21): | 0.070833 | |
| Williams %R (14): | -78.84 | |
| Chande Momentum Oscillator (20): | -0.000190 | |
| Repulse (5,40,3): | -0.8474 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0732 | |
| Courbe Coppock: | 1.46 |
| MA7: | 0.068846 | |
| MA20: | 0.073728 | |
| MA50: | 0.079039 | |
| MA100: | 0.081891 | |
| MAexp7: | 0.070619 | |
| MAexp20: | 0.070515 | |
| MAexp50: | 0.069906 | |
| MAexp100: | 0.069459 | |
| Price / MA7: | +2.36% | |
| Price / MA20: | -4.42% | |
| Price / MA50: | -10.84% | |
| Price / MA100: | -13.95% | |
| Price / MAexp7: | -0.21% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | +0.81% | |
| Price / MAexp100: | +1.46% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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