COSMOS - ATOM/USD - 1H - Technical analysis published on 02/01/2022 (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:
Bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 27.75 USD
My targets
29.51 USD (+2.64%)
31.35 USD (+9.03%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on COSMOS - ATOM/USD as long as the price remains well above 27.75 USD. The buyers' bullish objective is set at 29.51 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 31.35 USD. If there is any crossing, the next objective would be the resistance located at 33.78 USD.
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
6.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
COSMOS - ATOM/USD rating 28.75 USD. On the day, this instrument gained +2.28% with the lowest point at 27.83 USD and the highest point at 29.88 USD. The deviation from the price is +3.31% for the low point and -3.78% for the high point.27.83
29.88
28.75
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by COSMOS - ATOM/USD:
Technical
Technical analysis of this 1H chart of COSMOS - ATOM/USD indicates that the overall trend is bullish. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. 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
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21.30 | 25.16 | 27.75 | 28.75 | 29.51 | 33.78 | 35.98 |
| Change (%) | -25.91% | -12.49% | -3.48% | - | +2.64% | +17.50% | +25.15% |
| Change | -7.45 | -3.59 | -1.00 | - | +0.76 | +5.03 | +7.23 |
| Level | Intermediate | Major | Intermediate | - | 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 | 22.56 | 24.06 | 26.08 | 27.58 | 29.60 | 31.10 | 33.12 |
| Camarilla | 27.14 | 27.47 | 27.79 | 28.11 | 28.43 | 28.76 | 29.08 |
| Woodie | 22.83 | 24.19 | 26.35 | 27.71 | 29.87 | 31.23 | 33.39 |
| Fibonacci | 24.06 | 25.40 | 26.23 | 27.58 | 28.92 | 29.75 | 31.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.99 | 21.87 | 25.47 | 31.35 | 34.95 | 40.83 | 44.43 |
| Camarilla | 26.47 | 27.34 | 28.21 | 29.08 | 29.95 | 30.82 | 31.69 |
| Woodie | 14.86 | 21.30 | 24.34 | 30.78 | 33.82 | 40.26 | 43.30 |
| Fibonacci | 21.87 | 25.49 | 27.73 | 31.35 | 34.97 | 37.21 | 40.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.76 | 13.66 | 20.88 | 32.78 | 40.00 | 51.90 | 59.12 |
| Camarilla | 22.85 | 24.61 | 26.36 | 28.11 | 29.86 | 31.62 | 33.37 |
| Woodie | -0.57 | 12.49 | 18.55 | 31.61 | 37.67 | 50.73 | 56.79 |
| Fibonacci | 13.66 | 20.96 | 25.47 | 32.78 | 40.08 | 44.59 | 51.90 |
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): | 58.65 | |
| MACD (12,26,9): | 0.5100 | |
| Directional Movement: | 20.18 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 29.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 28.19 | |
| Elder Ray (13): | 0.09 | |
| Super Trend (3,10): | 27.87 | |
| Zig ZAG (10): | 29.15 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 74.56 | |
| TEMA (21): | 29.69 | |
| Williams %R (14): | -32.20 | |
| Chande Momentum Oscillator (20): | 1.10 | |
| Repulse (5,40,3): | 0.6800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2700 | |
| Courbe Coppock: | 8.69 |
| MA7: | 29.36 | |
| MA20: | 34.50 | |
| MA50: | 32.33 | |
| MA100: | 31.73 | |
| MAexp7: | 29.21 | |
| MAexp20: | 28.67 | |
| MAexp50: | 28.24 | |
| MAexp100: | 28.67 | |
| Price / MA7: | -2.08% | |
| Price / MA20: | -16.67% | |
| Price / MA50: | -11.07% | |
| Price / MA100: | -9.39% | |
| Price / MAexp7: | -1.57% | |
| Price / MAexp20: | +0.28% | |
| Price / MAexp50: | +1.81% | |
| Price / MAexp100: | +0.28% |
Quotes :
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Real time data
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