Londinia Opportunities Analyses - 05/24/2022 (GMT) COTI (X10000) - COTI/BTC - 1H
| Type: | Cryptocurrencies |
| Ticker: | COTIBTC |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
17%
11%
My opinion
Bullish above 0.040400 BTC
My targets
0.042900 BTC (+3.13%)
0.045267 BTC (+8.81%)
My analysis
The bullish trend is currently very strong on COTI (X10000) - COTI/BTC. As long as the price remains above the support at 0.040400 BTC, you could try to benefit from the boom. The first bullish objective is located at 0.042900 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.045267 BTC as an objective. Crossing it would then enable buyers to target 0.048700 BTC. 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.
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
7.9
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
COTI (X10000) - COTI/BTC rating 0.041600 BTC. On the day, this instrument gained +5.05% and was traded between 0.039400 BTC and 0.042100 BTC over the period. The price is currently at +5.58% from its lowest and -1.19% from its highest.0.039400
0.042100
0.041600
Here is a more detailed summary of the historical variations registered by COTI (X10000) - COTI/BTC:
Technical
A technical analysis in 1H of this COTI (X10000) - COTI/BTC 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of 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 | 0.039467 | 0.040400 | 0.041600 | 0.041600 | 0.042900 | 0.048700 | 0.062573 |
| Change (%) | -5.13% | -2.88% | 0% | - | +3.13% | +17.07% | +50.42% |
| Change | -0.002133 | -0.001200 | 0 | - | +0.001300 | +0.007100 | +0.020973 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | 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 | 0.033200 | 0.035800 | 0.037700 | 0.040300 | 0.042200 | 0.044800 | 0.046700 |
| Camarilla | 0.038363 | 0.038775 | 0.039188 | 0.039600 | 0.040013 | 0.040425 | 0.040838 |
| Woodie | 0.032850 | 0.035625 | 0.037350 | 0.040125 | 0.041850 | 0.044625 | 0.046350 |
| Fibonacci | 0.035800 | 0.037519 | 0.038581 | 0.040300 | 0.042019 | 0.043081 | 0.044800 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.029967 | 0.032633 | 0.035067 | 0.037733 | 0.040167 | 0.042833 | 0.045267 |
| Camarilla | 0.036098 | 0.036565 | 0.037033 | 0.037500 | 0.037968 | 0.038435 | 0.038903 |
| Woodie | 0.029850 | 0.032575 | 0.034950 | 0.037675 | 0.040050 | 0.042775 | 0.045150 |
| Fibonacci | 0.032633 | 0.034582 | 0.035785 | 0.037733 | 0.039682 | 0.040885 | 0.042833 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007333 | 0.026367 | 0.037033 | 0.056067 | 0.066733 | 0.085767 | 0.096433 |
| Camarilla | 0.039533 | 0.042255 | 0.044978 | 0.047700 | 0.050423 | 0.053145 | 0.055868 |
| Woodie | 0.003150 | 0.024275 | 0.032850 | 0.053975 | 0.062550 | 0.083675 | 0.092250 |
| Fibonacci | 0.026367 | 0.037712 | 0.044721 | 0.056067 | 0.067412 | 0.074421 | 0.085767 |
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): | 63.41 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 10.189840 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.041188 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.038900 | |
| Elder Ray (13): | 0.000898 | |
| Super Trend (3,10): | 0.042040 | |
| Zig ZAG (10): | 0.041900 | |
| VORTEX (21): | 1.0684 | |
| Stochastique (14,3,5): | 59.17 | |
| TEMA (21): | 0.040987 | |
| Williams %R (14): | -27.50 | |
| Chande Momentum Oscillator (20): | -0.000700 | |
| Repulse (5,40,3): | 2.9710 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1624 | |
| Courbe Coppock: | 1.71 |
| MA7: | 0.038500 | |
| MA20: | 0.042100 | |
| MA50: | 0.052092 | |
| MA100: | 0.053449 | |
| MAexp7: | 0.040895 | |
| MAexp20: | 0.040641 | |
| MAexp50: | 0.039746 | |
| MAexp100: | 0.038888 | |
| Price / MA7: | +8.05% | |
| Price / MA20: | -1.19% | |
| Price / MA50: | -20.14% | |
| Price / MA100: | -22.17% | |
| Price / MAexp7: | +1.72% | |
| Price / MAexp20: | +2.36% | |
| Price / MAexp50: | +4.66% | |
| Price / MAexp100: | +6.97% |
Quotes :
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Real time data
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