CONTENTOS - COS/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	COSUSD
ISIN:

CONTENTOS - COS/USD - 1H - Technical analysis published on 08/04/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

44%

28%

My opinion

Bearish under 0.006962 USD

My targets

0.006121 USD (-11.26%)

0.005963 USD (-13.55%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.006962 USD remains possible. It is advisable to trade CONTENTOS - COS/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.006962 USD. The next bearish objective for sellers is set at 0.006121 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.005963 USD. In case of crossing, the next objective would be the support located at 0.005162 USD. PS: if there is a bullish break in the resistance located at 0.006962 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

3.4

Comment on the analysis

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

CONTENTOS - COS/USD rating 0.006898 USD. The price has increased by +1.97% since the last closing and was between 0.006741 USD and 0.006943 USD. This implies that the price is at +2.33% from its lowest and at -0.65% from its highest.

0.006741

0.006943

0.006898

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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:

Technical

Technical analysis of this 1H chart of CONTENTOS - COS/USD indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 5 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.006898	0.006962	0.007724	0.008106
Change (%)	-	+0.93%	+11.97%	+17.51%
Change	-	+0.000064	+0.000826	+0.001208
Level	-	Major	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	0.005144	0.005861	0.006313	0.007030	0.007482	0.008199	0.008651
Camarilla	0.006444	0.006551	0.006658	0.006765	0.006872	0.006979	0.007087
Woodie	0.005012	0.005795	0.006181	0.006964	0.007350	0.008133	0.008519
Fibonacci	0.005861	0.006308	0.006583	0.007030	0.007477	0.007752	0.008199

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.003745	0.005162	0.005963	0.007380	0.008181	0.009598	0.010399
Camarilla	0.006155	0.006358	0.006562	0.006765	0.006968	0.007172	0.007375
Woodie	0.003438	0.005008	0.005656	0.007226	0.007874	0.009444	0.010092
Fibonacci	0.005162	0.006009	0.006532	0.007380	0.008227	0.008750	0.009598

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.003309	0.004817	0.006121	0.007629	0.008933	0.010441	0.011745
Camarilla	0.006652	0.006910	0.007167	0.007425	0.007683	0.007941	0.008198
Woodie	0.003207	0.004766	0.006019	0.007578	0.008831	0.010390	0.011643
Fibonacci	0.004817	0.005891	0.006555	0.007629	0.008703	0.009367	0.010441

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):	44.05
MACD (12,26,9):	-0.0001
Directional Movement:	8.462977
AROON (14):	-64.285714
DEMA (21):	0.006721
Parabolic SAR (0,02-0,02-0,2):	0.007090
Elder Ray (13):	0.000015
Super Trend (3,10):	0.006999
Zig ZAG (10):	0.006807
VORTEX (21):	0.9373
Stochastique (14,3,5):	40.92
TEMA (21):	0.006715
Williams %R (14):	-57.47
Chande Momentum Oscillator (20):	-0.000235
Repulse (5,40,3):	0.7402
ROCnROLL:	-1
TRIX (15,9):	-0.2083
Courbe Coppock:	8.37

MA7:	0.007310
MA20:	0.007867
MA50:	0.008134
MA100:	0.009640
MAexp7:	0.006769
MAexp20:	0.006847
MAexp50:	0.007035
MAexp100:	0.007258
Price / MA7:	-5.64%
Price / MA20:	-12.32%
Price / MA50:	-15.20%
Price / MA100:	-28.44%
Price / MAexp7:	+1.91%
Price / MAexp20:	+0.74%
Price / MAexp50:	-1.95%
Price / MAexp100:	-4.96%

Quotes : - Real time data - Cryptocompare

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

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