COSMOS - ATOM/USDT
COSMOS - ATOM/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ATOMUSDT
ISIN:

COSMOS - ATOM/USDT - Daily - Technical analysis published on 03/18/2022 (GMT)

  • 206
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 29.48 USDT
My targets
25.12 USDT (-8.05%)
21.22 USDT (-22.33%)
My analysis
In the short term, we can see an acceleration in the bearish trend on COSMOS - ATOM/USDT, which is a positive signal for sellers. As long as the price remains above 29.48 USDT, a sale could be considered. The first bearish objective is located at 25.12 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 21.22 USDT as an objective. Crossing it would then enable sellers to target 14.41 USDT. If the price were to return above 29.48 USDT, 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.7

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 finacian. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

COSMOS - ATOM/USDT rating 27.32 USDT. The price is lower by -2.98% since the last closing and was traded between 27.23 USDT and 28.17 USDT over the period. The price is currently at +0.33% from its lowest and -3.02% from its highest.

27.23
28.17
27.32

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of COSMOS - ATOM/USDT in Daily shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14.41 21.22 25.12 27.32 29.48 31.97 34.06
Change (%) -47.25% -22.33% -8.05% - +7.91% +17.02% +24.67%
Change -12.91 -6.10 -2.20 - +2.16 +4.65 +6.74
Level Minor Major 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
Standard27.0227.5727.8728.4228.7229.2729.57
Camarilla27.9328.0028.0828.1628.2428.3228.39
Woodie26.8927.5127.7428.3628.5929.2129.44
Fibonacci27.5727.9028.1028.4228.7528.9529.27


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard21.4524.2325.7228.5029.9932.7734.26
Camarilla26.0326.4226.8127.2027.5927.9828.37
Woodie20.8023.9125.0728.1829.3432.4533.61
Fibonacci24.2325.8626.8728.5030.1331.1432.77


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.7117.1524.2728.7135.8340.2747.39
Camarilla28.2029.2630.3231.3832.4433.5034.56
Woodie14.0417.8225.6029.3837.1640.9448.72
Fibonacci17.1521.5724.3028.7133.1335.8640.27

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): 46.57
MACD (12,26,9): -0.4000
Directional Movement: -0.69
AROON (14): -71.43
DEMA (21): 27.67
Parabolic SAR (0,02-0,02-0,2): 30.98
Elder Ray (13): -0.27
Super Trend (3,10): 23.92
Zig ZAG (10): 27.27
VORTEX (21): 1.0600
Stochastique (14,3,5): 29.17
TEMA (21): 27.71
Williams %R (14): -74.91
Chande Momentum Oscillator (20): -0.86
Repulse (5,40,3): -3.0200
ROCnROLL: 2
TRIX (15,9): -0.1200
Courbe Coppock: 17.96
MA7: 27.37
MA20: 28.92
MA50: 28.40
MA100: 30.09
MAexp7: 27.73
MAexp20: 28.17
MAexp50: 29.01
MAexp100: 29.48
Price / MA7: -0.18%
Price / MA20: -5.53%
Price / MA50: -3.80%
Price / MA100: -9.21%
Price / MAexp7: -1.48%
Price / MAexp20: -3.02%
Price / MAexp50: -5.83%
Price / MAexp100: -7.33%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15584
Number of analyses :
Followers :
0
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/USDT - Daily