COSMOS - ATOM/USD - 15 min. - Technical analysis published on 03/14/2023 (GMT)
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- Timeframe : 15 min.
- - 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
61%
11%
28%
My opinion
Bullish above 12.46 USD
My targets
13.46 USD (+2.12%)
14.11 USD (+7.03%)
My analysis
COSMOS - ATOM/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 12.46 USD. The next resistance located at 13.46 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 14.11 USD. After this resistance, buyers could then target 15.40 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.7
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COSMOS - ATOM/USD price is 13.18 USD. The price registered an increase of +9.47% on the session with the lowest point at 11.93 USD and the highest point at 13.52 USD. The deviation from the price is +10.48% for the low point and -2.51% for the high point.11.93
13.52
13.18
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 15 min. chart of COSMOS - ATOM/USD indicates that the overall trend is strongly bullish. 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 detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11.99 | 12.30 | 13.15 | 13.18 | 15.40 | 16.60 | 21.30 |
| Change (%) | -9.03% | -6.68% | -0.23% | - | +16.84% | +25.95% | +61.61% |
| Change | -1.19 | -0.88 | -0.03 | - | +2.22 | +3.42 | +8.12 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Intermediate | Minor |
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 | 10.46 | 10.88 | 11.46 | 11.88 | 12.46 | 12.88 | 13.46 |
| Camarilla | 11.77 | 11.86 | 11.95 | 12.04 | 12.13 | 12.22 | 12.32 |
| Woodie | 10.54 | 10.92 | 11.54 | 11.92 | 12.54 | 12.92 | 13.54 |
| Fibonacci | 10.88 | 11.26 | 11.50 | 11.88 | 12.26 | 12.50 | 12.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.23 | 9.26 | 10.19 | 11.22 | 12.15 | 13.18 | 14.11 |
| Camarilla | 10.57 | 10.75 | 10.93 | 11.11 | 11.29 | 11.47 | 11.65 |
| Woodie | 8.17 | 9.24 | 10.13 | 11.20 | 12.09 | 13.16 | 14.05 |
| Fibonacci | 9.26 | 10.01 | 10.48 | 11.22 | 11.97 | 12.44 | 13.18 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.79 | 9.96 | 11.10 | 13.27 | 14.41 | 16.58 | 17.72 |
| Camarilla | 11.33 | 11.63 | 11.94 | 12.24 | 12.54 | 12.85 | 13.15 |
| Woodie | 7.28 | 9.70 | 10.59 | 13.01 | 13.90 | 16.32 | 17.21 |
| Fibonacci | 9.96 | 11.22 | 12.01 | 13.27 | 14.53 | 15.32 | 16.58 |
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): | 54.13 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | -1.56 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 13.12 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.44 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 13.42 | |
| Zig ZAG (10): | 13.09 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 61.17 | |
| TEMA (21): | 13.08 | |
| Williams %R (14): | -37.11 | |
| Chande Momentum Oscillator (20): | 0.29 | |
| Repulse (5,40,3): | 1.6300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 0.58 |
| MA7: | 11.62 | |
| MA20: | 12.19 | |
| MA50: | 13.22 | |
| MA100: | 11.79 | |
| MAexp7: | 13.11 | |
| MAexp20: | 13.00 | |
| MAexp50: | 12.78 | |
| MAexp100: | 12.50 | |
| Price / MA7: | +13.43% | |
| Price / MA20: | +8.12% | |
| Price / MA50: | -0.30% | |
| Price / MA100: | +11.79% | |
| Price / MAexp7: | +0.53% | |
| Price / MAexp20: | +1.38% | |
| Price / MAexp50: | +3.13% | |
| Price / MAexp100: | +5.44% |
Quotes :
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Real time data
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