CONTENTOS - COS/USD - 1H - Technical analysis published on 08/04/2024 (GMT)
- 155
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
28%
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
0
10
3.4
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
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
R1
R2
R3
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.
About author
Online
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 CONTENTOS - COS/USD - 1H