COSMOS - ATOM/USD - 15 min. - Technical analysis published on 03/28/2023 (GMT)
- 120
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - 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
94%
0%
6%
My opinion
Bullish above 10.93 USD
My targets
11.27 USD (+0.15%)
11.69 USD (+3.94%)
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 10.93 USD. The next resistance located at 11.27 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 11.69 USD. After this resistance, buyers could then target 12.03 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
9.1
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COSMOS - ATOM/USD rating is 11.25 USD. On the day, this instrument gained +3.78% and was traded between 10.68 USD and 11.41 USD over the period. The price is currently at +5.34% from its lowest and -1.40% from its highest.10.68
11.41
11.25
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this COSMOS - ATOM/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 10.60 | 10.77 | 10.95 | 11.25 | 11.35 | 11.97 | 12.24 |
| Change (%) | -5.78% | -4.27% | -2.67% | - | +0.89% | +6.40% | +8.80% |
| Change | -0.65 | -0.48 | -0.30 | - | +0.10 | +0.72 | +0.99 |
| Level | Minor | Intermediate | Minor | - | Intermediate | 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 | 9.75 | 10.17 | 10.51 | 10.93 | 11.27 | 11.69 | 12.03 |
| Camarilla | 10.63 | 10.70 | 10.77 | 10.84 | 10.91 | 10.98 | 11.05 |
| Woodie | 9.70 | 10.15 | 10.46 | 10.91 | 11.22 | 11.67 | 11.98 |
| Fibonacci | 10.17 | 10.46 | 10.64 | 10.93 | 11.22 | 11.40 | 11.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.15 | 9.54 | 10.32 | 11.71 | 12.49 | 13.88 | 14.66 |
| Camarilla | 10.50 | 10.70 | 10.90 | 11.10 | 11.30 | 11.50 | 11.70 |
| Woodie | 7.85 | 9.39 | 10.02 | 11.56 | 12.19 | 13.73 | 14.36 |
| Fibonacci | 9.54 | 10.37 | 10.88 | 11.71 | 12.54 | 13.05 | 13.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.82 | 9.97 | 11.11 | 13.26 | 14.40 | 16.55 | 17.69 |
| Camarilla | 11.34 | 11.64 | 11.94 | 12.24 | 12.54 | 12.84 | 13.15 |
| Woodie | 7.31 | 9.72 | 10.60 | 13.01 | 13.89 | 16.30 | 17.18 |
| Fibonacci | 9.97 | 11.23 | 12.01 | 13.26 | 14.52 | 15.30 | 16.55 |
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): | 80.65 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | 31.46 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 11.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.06 | |
| Elder Ray (13): | 0.20 | |
| Super Trend (3,10): | 11.06 | |
| Zig ZAG (10): | 11.32 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 96.19 | |
| TEMA (21): | 11.22 | |
| Williams %R (14): | -1.92 | |
| Chande Momentum Oscillator (20): | 0.39 | |
| Repulse (5,40,3): | 1.6300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 5.41 |
| MA7: | 11.27 | |
| MA20: | 11.78 | |
| MA50: | 12.65 | |
| MA100: | 12.11 | |
| MAexp7: | 11.24 | |
| MAexp20: | 11.04 | |
| MAexp50: | 10.95 | |
| MAexp100: | 10.94 | |
| Price / MA7: | -0.18% | |
| Price / MA20: | -4.50% | |
| Price / MA50: | -11.07% | |
| Price / MA100: | -7.10% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +1.90% | |
| Price / MAexp50: | +2.74% | |
| Price / MAexp100: | +2.83% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis COSMOS - ATOM/USD - 15 min.