COSMOS - ATOM/USD - 1H - Technical analysis published on 11/03/2023 (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 bearish
Underlying:
Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 7.88 USD
My targets
7.55 USD (-1.56%)
7.38 USD (-3.78%)
My analysis
In the short term, we can see an acceleration in the bearish trend on COSMOS - ATOM/USD, which is a positive signal for sellers. As long as the price remains above 7.88 USD, a sale could be considered. The first bearish objective is located at 7.55 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 7.38 USD as an objective. Crossing it would then enable sellers to target 7.21 USD. If the price were to return above 7.88 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5
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Additional analysis
Quotes
The COSMOS - ATOM/USD rating is 7.67 USD. The price registered a decrease of -2.04% on the session and was traded between 7.53 USD and 7.83 USD over the period. The price is currently at +1.86% from its lowest and -2.04% from its highest.7.53
7.83
7.67
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of COSMOS - ATOM/USD indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced 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.
On the 18 technical indicators analysed, 4 are bullish, 5 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.21 | 7.38 | 7.55 | 7.67 | 7.88 | 8.10 | 8.25 |
| Change (%) | -6.00% | -3.78% | -1.56% | - | +2.74% | +5.61% | +7.56% |
| Change | -0.46 | -0.29 | -0.12 | - | +0.21 | +0.43 | +0.58 |
| Level | Minor | Minor | Major | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.99 | 7.26 | 7.55 | 7.82 | 8.11 | 8.38 | 8.67 |
| Camarilla | 7.68 | 7.73 | 7.78 | 7.83 | 7.88 | 7.93 | 7.98 |
| Woodie | 6.99 | 7.27 | 7.55 | 7.83 | 8.11 | 8.39 | 8.67 |
| Fibonacci | 7.26 | 7.48 | 7.61 | 7.82 | 8.04 | 8.17 | 8.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.81 | 6.17 | 6.67 | 7.03 | 7.53 | 7.89 | 8.39 |
| Camarilla | 6.94 | 7.02 | 7.10 | 7.18 | 7.26 | 7.34 | 7.42 |
| Woodie | 5.89 | 6.21 | 6.75 | 7.07 | 7.61 | 7.93 | 8.47 |
| Fibonacci | 6.17 | 6.50 | 6.70 | 7.03 | 7.36 | 7.56 | 7.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.57 | 5.37 | 6.65 | 7.45 | 8.73 | 9.53 | 10.81 |
| Camarilla | 7.36 | 7.55 | 7.74 | 7.93 | 8.12 | 8.31 | 8.50 |
| Woodie | 4.81 | 5.49 | 6.89 | 7.57 | 8.97 | 9.65 | 11.05 |
| Fibonacci | 5.37 | 6.17 | 6.66 | 7.45 | 8.25 | 8.74 | 9.53 |
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): | 41.80 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -7.81 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 7.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.80 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 7.88 | |
| Zig ZAG (10): | 7.63 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 29.29 | |
| TEMA (21): | 7.62 | |
| Williams %R (14): | -63.64 | |
| Chande Momentum Oscillator (20): | -0.18 | |
| Repulse (5,40,3): | 0.5900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 3.18 |
| MA7: | 7.70 | |
| MA20: | 7.06 | |
| MA50: | 7.03 | |
| MA100: | 7.36 | |
| MAexp7: | 7.66 | |
| MAexp20: | 7.70 | |
| MAexp50: | 7.75 | |
| MAexp100: | 7.71 | |
| Price / MA7: | -0.39% | |
| Price / MA20: | +8.64% | |
| Price / MA50: | +9.10% | |
| Price / MA100: | +4.21% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | -0.39% | |
| Price / MAexp50: | -1.03% | |
| Price / MAexp100: | -0.52% |
Quotes :
-
Real time data
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