COSMOS - ATOM/USD - 1H - Technical analysis published on 01/22/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
28%
22%
50%
My opinion
Bearish under 6.28 USD
My targets
6.06 USD (-2.42%)
5.84 USD (-5.96%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on COSMOS - ATOM/USD. As long as you are under the resistance located at 6.28 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 6.06 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 5.84 USD as an objective. Crossing it would then enable sellers to target 5.69 USD. If the resistance 6.28 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COSMOS - ATOM/USD price is 6.21 USD. On the day, this instrument lost -0.48% with the lowest point at 6.11 USD and the highest point at 6.33 USD. The deviation from the price is +1.64% for the low point and -1.90% for the high point.6.11
6.33
6.21
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 9 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
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 | 5.69 | 5.84 | 6.06 | 6.21 | 6.28 | 6.45 | 6.79 |
| Change (%) | -8.37% | -5.96% | -2.42% | - | +1.13% | +3.86% | +9.34% |
| Change | -0.52 | -0.37 | -0.15 | - | +0.07 | +0.24 | +0.58 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | Minor |
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 | 5.41 | 5.63 | 5.93 | 6.15 | 6.45 | 6.67 | 6.97 |
| Camarilla | 6.10 | 6.15 | 6.19 | 6.24 | 6.29 | 6.34 | 6.38 |
| Woodie | 5.46 | 5.65 | 5.98 | 6.17 | 6.50 | 6.69 | 7.02 |
| Fibonacci | 5.63 | 5.83 | 5.95 | 6.15 | 6.35 | 6.47 | 6.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.67 | 5.29 | 5.94 | 6.56 | 7.21 | 7.83 | 8.48 |
| Camarilla | 6.24 | 6.36 | 6.47 | 6.59 | 6.71 | 6.82 | 6.94 |
| Woodie | 4.69 | 5.30 | 5.96 | 6.57 | 7.23 | 7.84 | 8.50 |
| Fibonacci | 5.29 | 5.78 | 6.08 | 6.56 | 7.05 | 7.35 | 7.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.40 | 2.71 | 4.45 | 7.56 | 9.30 | 12.41 | 14.15 |
| Camarilla | 4.85 | 5.29 | 5.74 | 6.18 | 6.63 | 7.07 | 7.51 |
| Woodie | -1.10 | 2.37 | 3.76 | 7.22 | 8.61 | 12.07 | 13.46 |
| Fibonacci | 2.71 | 4.57 | 5.71 | 7.56 | 9.42 | 10.56 | 12.41 |
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): | 51.39 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | -2.22 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 6.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.33 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 6.06 | |
| Zig ZAG (10): | 6.24 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 53.03 | |
| TEMA (21): | 6.26 | |
| Williams %R (14): | -27.27 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.8300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 0.17 |
| MA7: | 6.39 | |
| MA20: | 6.64 | |
| MA50: | 7.37 | |
| MA100: | 6.56 | |
| MAexp7: | 6.24 | |
| MAexp20: | 6.22 | |
| MAexp50: | 6.20 | |
| MAexp100: | 6.26 | |
| Price / MA7: | -2.82% | |
| Price / MA20: | -6.48% | |
| Price / MA50: | -15.74% | |
| Price / MA100: | -5.34% | |
| Price / MAexp7: | -0.48% | |
| Price / MAexp20: | -0.16% | |
| Price / MAexp50: | +0.16% | |
| Price / MAexp100: | -0.80% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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