Londinia Opportunities Analyses - 06/18/2021 (GMT) COTI - COTI/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | COTIUSDT |
| ISIN: |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
72%
22%
My opinion
Bearish under 0.183000 USDT
My targets
0.162833 USDT (-8.31%)
0.137467 USDT (-22.60%)
My analysis
COTI - COTI/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.183000 USDT. The next support located at 0.162833 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.137467 USDT. Below this support, sellers could then target 0.089450 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8.2
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The COTI - COTI/USDT price is 0.177600 USDT. The price registered a decrease of -10.08% on the session and was between 0.173200 USDT and 0.200000 USDT. This implies that the price is at +2.54% from its lowest and at -11.20% from its highest.0.173200
0.200000
0.177600
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this COTI - COTI/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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 bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.027337 | 0.089450 | 0.162000 | 0.177600 | 0.178600 | 0.183000 | 0.187933 |
| Change (%) | -84.61% | -49.63% | -8.78% | - | +0.56% | +3.04% | +5.82% |
| Change | -0.150263 | -0.088150 | -0.015600 | - | +0.001000 | +0.005400 | +0.010333 |
| Level | Intermediate | Major | Major | - | 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 | 0.168667 | 0.180433 | 0.188967 | 0.200733 | 0.209267 | 0.221033 | 0.229567 |
| Camarilla | 0.191918 | 0.193778 | 0.195639 | 0.197500 | 0.199361 | 0.201222 | 0.203083 |
| Woodie | 0.167050 | 0.179625 | 0.187350 | 0.199925 | 0.207650 | 0.220225 | 0.227950 |
| Fibonacci | 0.180433 | 0.188188 | 0.192979 | 0.200733 | 0.208488 | 0.213279 | 0.221033 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.100133 | 0.137467 | 0.162833 | 0.200167 | 0.225533 | 0.262867 | 0.288233 |
| Camarilla | 0.170958 | 0.176705 | 0.182453 | 0.188200 | 0.193948 | 0.199695 | 0.205443 |
| Woodie | 0.094150 | 0.134475 | 0.156850 | 0.197175 | 0.219550 | 0.259875 | 0.282250 |
| Fibonacci | 0.137467 | 0.161418 | 0.176215 | 0.200167 | 0.224118 | 0.238915 | 0.262867 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.281133 | -0.078067 | 0.077667 | 0.280733 | 0.436467 | 0.639533 | 0.795267 |
| Camarilla | 0.134730 | 0.167620 | 0.200510 | 0.233400 | 0.266290 | 0.299180 | 0.332070 |
| Woodie | -0.304800 | -0.089900 | 0.054000 | 0.268900 | 0.412800 | 0.627700 | 0.771600 |
| Fibonacci | -0.078067 | 0.058995 | 0.143672 | 0.280733 | 0.417795 | 0.502472 | 0.639533 |
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): | 32.74 | |
| MACD (12,26,9): | -0.0047 | |
| Directional Movement: | -19.603115 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.182782 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.194583 | |
| Elder Ray (13): | -0.007932 | |
| Super Trend (3,10): | 0.195726 | |
| Zig ZAG (10): | 0.173900 | |
| VORTEX (21): | 0.8154 | |
| Stochastique (14,3,5): | 9.12 | |
| TEMA (21): | 0.178031 | |
| Williams %R (14): | -90.70 | |
| Chande Momentum Oscillator (20): | -0.017300 | |
| Repulse (5,40,3): | -3.8204 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2844 | |
| Courbe Coppock: | 13.28 |
| MA7: | 0.198200 | |
| MA20: | 0.212870 | |
| MA50: | 0.272992 | |
| MA100: | 0.327812 | |
| MAexp7: | 0.180157 | |
| MAexp20: | 0.188747 | |
| MAexp50: | 0.194774 | |
| MAexp100: | 0.198466 | |
| Price / MA7: | -10.39% | |
| Price / MA20: | -16.57% | |
| Price / MA50: | -34.94% | |
| Price / MA100: | -45.82% | |
| Price / MAexp7: | -1.42% | |
| Price / MAexp20: | -5.91% | |
| Price / MAexp50: | -8.82% | |
| Price / MAexp100: | -10.51% |
Quotes :
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Real time data
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Cryptocompare