COSMOS (X100) - ATOM/BTC - Daily - Technical analysis published on 08/22/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.052137 BTC
My targets
0.057986 BTC (+7.14%)
0.063109 BTC (+16.61%)
My analysis
The bullish trend is currently very strong on COSMOS (X100) - ATOM/BTC. As long as the price remains above the support at 0.052137 BTC, you could try to benefit from the boom. The first bullish objective is located at 0.057986 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.063109 BTC as an objective. Crossing it would then enable buyers to target 0.080199 BTC. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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
8.6
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This analysis was given by Mangart. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COSMOS (X100) - ATOM/BTC rating is 0.054120 BTC. The price has increased by +11.04% since the last closing and was traded between 0.047495 BTC and 0.055098 BTC over the period. The price is currently at +13.95% from its lowest and -1.78% from its highest.0.047495
0.055098
0.054120
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of COSMOS (X100) - ATOM/BTC in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.038053 | 0.047616 | 0.052137 | 0.054120 | 0.063109 | 0.080199 | 0.092060 |
| Change (%) | -29.69% | -12.02% | -3.66% | - | +16.61% | +48.19% | +70.10% |
| Change | -0.016067 | -0.006504 | -0.001983 | - | +0.008989 | +0.026079 | +0.037940 |
| Level | Intermediate | Major | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.039264 | 0.043932 | 0.046337 | 0.051005 | 0.053410 | 0.058078 | 0.060483 |
| Camarilla | 0.046796 | 0.047444 | 0.048093 | 0.048741 | 0.049389 | 0.050038 | 0.050686 |
| Woodie | 0.038132 | 0.043366 | 0.045205 | 0.050439 | 0.052278 | 0.057512 | 0.059351 |
| Fibonacci | 0.043932 | 0.046634 | 0.048303 | 0.051005 | 0.053707 | 0.055376 | 0.058078 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019126 | 0.027794 | 0.039531 | 0.048199 | 0.059936 | 0.068604 | 0.080341 |
| Camarilla | 0.045657 | 0.047527 | 0.049398 | 0.051268 | 0.053139 | 0.055009 | 0.056879 |
| Woodie | 0.020661 | 0.028561 | 0.041066 | 0.048966 | 0.061471 | 0.069371 | 0.081876 |
| Fibonacci | 0.027794 | 0.035589 | 0.040404 | 0.048199 | 0.055994 | 0.060809 | 0.068604 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003721 | 0.015998 | 0.024715 | 0.036992 | 0.045709 | 0.057986 | 0.066703 |
| Camarilla | 0.027659 | 0.029583 | 0.031508 | 0.033432 | 0.035357 | 0.037281 | 0.039205 |
| Woodie | 0.001941 | 0.015108 | 0.022935 | 0.036102 | 0.043929 | 0.057096 | 0.064923 |
| Fibonacci | 0.015998 | 0.024018 | 0.028972 | 0.036992 | 0.045012 | 0.049966 | 0.057986 |
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): | 64.73 | |
| MACD (12,26,9): | 0.0036 | |
| Directional Movement: | 15.079024 | |
| AROON (14): | 35.714287 | |
| DEMA (21): | 0.051259 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.055674 | |
| Elder Ray (13): | 0.002594 | |
| Super Trend (3,10): | 0.038360 | |
| Zig ZAG (10): | 0.054010 | |
| VORTEX (21): | 1.1330 | |
| Stochastique (14,3,5): | 77.46 | |
| TEMA (21): | 0.053007 | |
| Williams %R (14): | -14.05 | |
| Chande Momentum Oscillator (20): | 0.008132 | |
| Repulse (5,40,3): | 7.6863 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.1244 | |
| Courbe Coppock: | 71.05 |
| MA7: | 0.050399 | |
| MA20: | 0.045301 | |
| MA50: | 0.041587 | |
| MA100: | 0.035250 | |
| MAexp7: | 0.050653 | |
| MAexp20: | 0.046732 | |
| MAexp50: | 0.041785 | |
| MAexp100: | 0.038618 | |
| Price / MA7: | +7.38% | |
| Price / MA20: | +19.47% | |
| Price / MA50: | +30.14% | |
| Price / MA100: | +53.53% | |
| Price / MAexp7: | +6.84% | |
| Price / MAexp20: | +15.81% | |
| Price / MAexp50: | +29.52% | |
| Price / MAexp100: | +40.14% |
Quotes :
2020-08-22 21:23:44
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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