COTI - COTI/USD - 1H - Technical analysis published on 12/14/2023 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.068395 USD
My targets
0.071269 USD (+1.93%)
0.076899 USD (+9.98%)
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 0.068395 USD. The buyers' bullish objective is set at 0.071269 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.076899 USD. If there is any crossing, the next objective would be the resistance located at 0.105300 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, technical indicators confirm the bullish opinion of this analysis. 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 MasterJ379. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COTI - COTI/USD price is 0.069923 USD. The price has increased by +4.04% since the last closing and was traded between 0.066900 USD and 0.071142 USD over the period. The price is currently at +4.52% from its lowest and -1.71% from its highest.0.066900
0.071142
0.069923
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on COTI - COTI/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this COTI - COTI/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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 | 0.063310 | 0.065967 | 0.068395 | 0.069923 | 0.105300 | 0.191700 | 0.312500 |
| Change (%) | -9.46% | -5.66% | -2.19% | - | +50.59% | +174.16% | +346.92% |
| Change | -0.006613 | -0.003956 | -0.001528 | - | +0.035377 | +0.121777 | +0.242577 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.052049 | 0.055794 | 0.061502 | 0.065247 | 0.070955 | 0.074700 | 0.080408 |
| Camarilla | 0.064611 | 0.065478 | 0.066345 | 0.067211 | 0.068078 | 0.068944 | 0.069811 |
| Woodie | 0.053032 | 0.056285 | 0.062485 | 0.065738 | 0.071938 | 0.075191 | 0.081391 |
| Fibonacci | 0.055794 | 0.059405 | 0.061636 | 0.065247 | 0.068858 | 0.071089 | 0.074700 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.043003 | 0.048633 | 0.057136 | 0.062766 | 0.071269 | 0.076899 | 0.085402 |
| Camarilla | 0.061753 | 0.063049 | 0.064345 | 0.065640 | 0.066936 | 0.068231 | 0.069527 |
| Woodie | 0.044441 | 0.049351 | 0.058574 | 0.063484 | 0.072707 | 0.077617 | 0.086840 |
| Fibonacci | 0.048633 | 0.054032 | 0.057367 | 0.062766 | 0.068165 | 0.071500 | 0.076899 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.029449 | 0.036575 | 0.046348 | 0.053474 | 0.063247 | 0.070373 | 0.080146 |
| Camarilla | 0.051475 | 0.053024 | 0.054573 | 0.056122 | 0.057671 | 0.059220 | 0.060769 |
| Woodie | 0.030774 | 0.037237 | 0.047673 | 0.054136 | 0.064572 | 0.071035 | 0.081471 |
| Fibonacci | 0.036575 | 0.043030 | 0.047018 | 0.053474 | 0.059929 | 0.063917 | 0.070373 |
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): | 65.98 | |
| MACD (12,26,9): | 0.0018 | |
| Directional Movement: | 31.362133 | |
| AROON (14): | 71.428572 | |
| DEMA (21): | 0.068864 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.066827 | |
| Elder Ray (13): | 0.001932 | |
| Super Trend (3,10): | 0.065389 | |
| Zig ZAG (10): | 0.069959 | |
| VORTEX (21): | 1.2589 | |
| Stochastique (14,3,5): | 81.13 | |
| TEMA (21): | 0.070209 | |
| Williams %R (14): | -14.44 | |
| Chande Momentum Oscillator (20): | 0.005730 | |
| Repulse (5,40,3): | 1.4493 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3204 | |
| Courbe Coppock: | 21.38 |
| MA7: | 0.065830 | |
| MA20: | 0.059942 | |
| MA50: | 0.053505 | |
| MA100: | 0.047189 | |
| MAexp7: | 0.068914 | |
| MAexp20: | 0.066696 | |
| MAexp50: | 0.064837 | |
| MAexp100: | 0.063927 | |
| Price / MA7: | +6.22% | |
| Price / MA20: | +16.65% | |
| Price / MA50: | +30.68% | |
| Price / MA100: | +48.18% | |
| Price / MAexp7: | +1.46% | |
| Price / MAexp20: | +4.84% | |
| Price / MAexp50: | +7.84% | |
| Price / MAexp100: | +9.38% |
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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