COTI - COTI/USD - 1H - Technical analysis published on 08/08/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.047808 USD
My targets
0.050640 USD (+2.30%)
0.053090 USD (+7.25%)
My analysis
The bullish trend is currently very strong on COTI - COTI/USD. As long as the price remains above the support at 0.047808 USD, you could try to benefit from the boom. The first bullish objective is located at 0.050640 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.053090 USD as an objective. Crossing it would then enable buyers to target 0.057450 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
0
10
8.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
COTI - COTI/USD rating 0.049500 USD. The price is lower by -0.20% since the last closing with the lowest point at 0.048600 USD and the highest point at 0.050100 USD. The deviation from the price is +1.85% for the low point and -1.20% for the high point.0.048600
0.050100
0.049500
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 strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly 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.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.043722 | 0.045646 | 0.047808 | 0.049500 | 0.049650 | 0.050640 | 0.053090 |
| Change (%) | -11.67% | -7.79% | -3.42% | - | +0.30% | +2.30% | +7.25% |
| Change | -0.005778 | -0.003854 | -0.001692 | - | +0.000150 | +0.001140 | +0.003590 |
| Level | Major | Intermediate | Minor | - | 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 | 0.046513 | 0.047167 | 0.048383 | 0.049037 | 0.050253 | 0.050907 | 0.052123 |
| Camarilla | 0.049086 | 0.049257 | 0.049429 | 0.049600 | 0.049771 | 0.049943 | 0.050114 |
| Woodie | 0.046795 | 0.047308 | 0.048665 | 0.049178 | 0.050535 | 0.051048 | 0.052405 |
| Fibonacci | 0.047167 | 0.047881 | 0.048322 | 0.049037 | 0.049751 | 0.050192 | 0.050907 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.031047 | 0.036773 | 0.041637 | 0.047363 | 0.052227 | 0.057953 | 0.062817 |
| Camarilla | 0.043588 | 0.044559 | 0.045529 | 0.046500 | 0.047471 | 0.048442 | 0.049412 |
| Woodie | 0.030615 | 0.036558 | 0.041205 | 0.047148 | 0.051795 | 0.057738 | 0.062385 |
| Fibonacci | 0.036773 | 0.040819 | 0.043318 | 0.047363 | 0.051409 | 0.053908 | 0.057953 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.021153 | 0.031827 | 0.038163 | 0.048837 | 0.055173 | 0.065847 | 0.072183 |
| Camarilla | 0.039822 | 0.041382 | 0.042941 | 0.044500 | 0.046059 | 0.047619 | 0.049178 |
| Woodie | 0.018985 | 0.030743 | 0.035995 | 0.047753 | 0.053005 | 0.064763 | 0.070015 |
| Fibonacci | 0.031827 | 0.038325 | 0.042339 | 0.048837 | 0.055335 | 0.059349 | 0.065847 |
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): | 62.27 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 3.429827 | |
| AROON (14): | 71.428571 | |
| DEMA (21): | 0.049703 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.048784 | |
| Elder Ray (13): | 0.000353 | |
| Super Trend (3,10): | 0.048587 | |
| Zig ZAG (10): | 0.049900 | |
| VORTEX (21): | 1.0445 | |
| Stochastique (14,3,5): | 85.30 | |
| TEMA (21): | 0.049687 | |
| Williams %R (14): | -13.33 | |
| Chande Momentum Oscillator (20): | 0.000800 | |
| Repulse (5,40,3): | 0.6520 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0440 | |
| Courbe Coppock: | 1.04 |
| MA7: | 0.047414 | |
| MA20: | 0.048019 | |
| MA50: | 0.050009 | |
| MA100: | 0.057069 | |
| MAexp7: | 0.049667 | |
| MAexp20: | 0.049449 | |
| MAexp50: | 0.048987 | |
| MAexp100: | 0.048220 | |
| Price / MA7: | +4.40% | |
| Price / MA20: | +3.08% | |
| Price / MA50: | -1.02% | |
| Price / MA100: | -13.26% | |
| Price / MAexp7: | -0.34% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +1.05% | |
| Price / MAexp100: | +2.65% |
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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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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