COSMOS - ATOM/USD - 15 min. - Technical analysis published on 11/03/2023 (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:
Bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 7.82 USD
My targets
7.55 USD (-1.09%)
7.26 USD (-4.81%)
My analysis
The bearish basic trend is very strong on COSMOS - ATOM/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 7.82 USD. Crossing the first support at 7.55 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 7.26 USD as an objective. Crossing it would then enable sellers to target 6.99 USD. Caution, a return to above the resistance located at 7.82 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.2
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Additional analysis
Quotes
The COSMOS - ATOM/USD rating is 7.63 USD. On the day, this instrument lost -2.55% and was between 7.53 USD and 7.83 USD. This implies that the price is at +1.33% from its lowest and at -2.55% from its highest.7.53
7.83
7.63
A study of price movements over other periods shows the following variations:
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 COSMOS - ATOM/USD in 15 min. shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
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
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.21 | 7.38 | 7.55 | 7.63 | 7.88 | 8.10 | 8.25 |
| Change (%) | -5.50% | -3.28% | -1.05% | - | +3.28% | +6.16% | +8.13% |
| Change | -0.42 | -0.25 | -0.08 | - | +0.25 | +0.47 | +0.62 |
| Level | Minor | Minor | Major | - | Minor | Intermediate | 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 | 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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.85 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -2.04 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 7.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.57 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 7.73 | |
| Zig ZAG (10): | 7.65 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 53.80 | |
| TEMA (21): | 7.64 | |
| Williams %R (14): | -56.25 | |
| Chande Momentum Oscillator (20): | -0.05 | |
| Repulse (5,40,3): | -0.2700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 1.45 |
| MA7: | 7.70 | |
| MA20: | 7.06 | |
| MA50: | 7.03 | |
| MA100: | 7.36 | |
| MAexp7: | 7.64 | |
| MAexp20: | 7.65 | |
| MAexp50: | 7.68 | |
| MAexp100: | 7.72 | |
| Price / MA7: | -0.91% | |
| Price / MA20: | +8.07% | |
| Price / MA50: | +8.53% | |
| Price / MA100: | +3.67% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.26% | |
| Price / MAexp50: | -0.65% | |
| Price / MAexp100: | -1.17% |
Quotes :
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Real time data
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