COSMOS - ATOM/USD - 1H - Technical analysis published on 11/25/2023 (GMT)
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- Timeframe : 1H
- - 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
89%
0%
11%
My opinion
Bullish above 9.39 USD
My targets
9.92 USD (+3.87%)
10.22 USD (+7.02%)
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 9.39 USD. The buyers' bullish objective is set at 9.92 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.22 USD. If there is any crossing, the next objective would be the resistance located at 10.43 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COSMOS - ATOM/USD rating is 9.55 USD. On the day, this instrument gained +7.18% and was between 8.85 USD and 9.67 USD. This implies that the price is at +7.91% from its lowest and at -1.24% from its highest.8.85
9.67
9.55
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
Here is a more detailed summary of the historical variations registered by COSMOS - ATOM/USD:
New HIGH record (1st january)
Type : Bullish
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
A technical analysis in 1H 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 market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 9.08 | 9.39 | 9.55 | 9.55 | 9.92 | 10.22 | 10.43 |
| Change (%) | -4.92% | -1.68% | 0% | - | +3.87% | +7.02% | +9.21% |
| Change | -0.47 | -0.16 | 0 | - | +0.37 | +0.67 | +0.88 |
| Level | Major | Minor | Intermediate | - | Major | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.34 | 8.53 | 8.72 | 8.91 | 9.10 | 9.29 | 9.48 |
| Camarilla | 8.81 | 8.84 | 8.88 | 8.91 | 8.95 | 8.98 | 9.02 |
| Woodie | 8.34 | 8.53 | 8.72 | 8.91 | 9.10 | 9.29 | 9.48 |
| Fibonacci | 8.53 | 8.68 | 8.77 | 8.91 | 9.06 | 9.15 | 9.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.46 | 7.55 | 8.39 | 9.48 | 10.32 | 11.41 | 12.25 |
| Camarilla | 8.70 | 8.88 | 9.05 | 9.23 | 9.41 | 9.58 | 9.76 |
| Woodie | 6.34 | 7.49 | 8.27 | 9.42 | 10.20 | 11.35 | 12.13 |
| Fibonacci | 7.55 | 8.29 | 8.74 | 9.48 | 10.22 | 10.67 | 11.41 |
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): | 77.50 | |
| MACD (12,26,9): | 0.1400 | |
| Directional Movement: | 36.65 | |
| AROON (14): | 71.42 | |
| DEMA (21): | 9.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.09 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 9.24 | |
| Zig ZAG (10): | 9.57 | |
| VORTEX (21): | 1.3000 | |
| Stochastique (14,3,5): | 89.91 | |
| TEMA (21): | 9.46 | |
| Williams %R (14): | -11.84 | |
| Chande Momentum Oscillator (20): | 0.62 | |
| Repulse (5,40,3): | 2.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 8.49 |
| MA7: | 8.95 | |
| MA20: | 9.08 | |
| MA50: | 7.87 | |
| MA100: | 7.47 | |
| MAexp7: | 9.41 | |
| MAexp20: | 9.21 | |
| MAexp50: | 9.06 | |
| MAexp100: | 9.00 | |
| Price / MA7: | +6.70% | |
| Price / MA20: | +5.18% | |
| Price / MA50: | +21.35% | |
| Price / MA100: | +27.84% | |
| Price / MAexp7: | +1.49% | |
| Price / MAexp20: | +3.69% | |
| Price / MAexp50: | +5.41% | |
| Price / MAexp100: | +6.11% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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