Londinia Opportunities Analyses - 05/03/2024 (GMT) COSMOS - ATOM/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | ATOMUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 8.80 USDT
My targets
8.94 USDT (+0.79%)
9.07 USDT (+2.25%)
My analysis
The bullish trend is currently very strong on COSMOS - ATOM/USDT. As long as the price remains above the support at 8.80 USDT, you could try to benefit from the boom. The first bullish objective is located at 8.94 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 9.07 USDT as an objective. Crossing it would then enable buyers to target 10.87 USDT. 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.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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Additional analysis
Quotes
The COSMOS - ATOM/USDT rating is 8.87 USDT. The price registered an increase of +2.54% on the session and was between 8.54 USDT and 8.87 USDT. This implies that the price is at +3.86% from its lowest and at 0% from its highest.8.54
8.87
8.87
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of COSMOS - ATOM/USDT in 1H 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
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 | 8.05 | 8.59 | 8.80 | 8.87 | 8.94 | 9.07 | 10.87 |
| Change (%) | -9.24% | -3.16% | -0.79% | - | +0.79% | +2.25% | +22.55% |
| Change | -0.82 | -0.28 | -0.07 | - | +0.07 | +0.20 | +2.00 |
| Level | Major | Major | 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 | 7.99 | 8.29 | 8.47 | 8.77 | 8.95 | 9.25 | 9.43 |
| Camarilla | 8.52 | 8.56 | 8.61 | 8.65 | 8.69 | 8.74 | 8.78 |
| Woodie | 7.93 | 8.26 | 8.41 | 8.74 | 8.89 | 9.22 | 9.37 |
| Fibonacci | 8.29 | 8.47 | 8.59 | 8.77 | 8.95 | 9.07 | 9.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.74 | 7.39 | 7.90 | 8.55 | 9.06 | 9.71 | 10.22 |
| Camarilla | 8.08 | 8.19 | 8.29 | 8.40 | 8.51 | 8.61 | 8.72 |
| Woodie | 6.66 | 7.36 | 7.82 | 8.52 | 8.98 | 9.68 | 10.14 |
| Fibonacci | 7.39 | 7.84 | 8.11 | 8.55 | 9.00 | 9.27 | 9.71 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.20 | 4.22 | 6.34 | 9.36 | 11.48 | 14.50 | 16.62 |
| Camarilla | 7.04 | 7.51 | 7.98 | 8.45 | 8.92 | 9.39 | 9.86 |
| Woodie | 0.74 | 4.00 | 5.88 | 9.14 | 11.02 | 14.28 | 16.16 |
| Fibonacci | 4.22 | 6.19 | 7.40 | 9.36 | 11.33 | 12.54 | 14.50 |
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): | 61.27 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 11.67 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 8.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.77 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 8.63 | |
| Zig ZAG (10): | 8.83 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 80.46 | |
| TEMA (21): | 8.82 | |
| Williams %R (14): | -12.39 | |
| Chande Momentum Oscillator (20): | 0.18 | |
| Repulse (5,40,3): | 0.6700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 4.12 |
| MA7: | 8.49 | |
| MA20: | 8.43 | |
| MA50: | 10.22 | |
| MA100: | 10.52 | |
| MAexp7: | 8.81 | |
| MAexp20: | 8.75 | |
| MAexp50: | 8.66 | |
| MAexp100: | 8.54 | |
| Price / MA7: | +4.48% | |
| Price / MA20: | +5.22% | |
| Price / MA50: | -13.21% | |
| Price / MA100: | -15.68% | |
| Price / MAexp7: | +0.68% | |
| Price / MAexp20: | +1.37% | |
| Price / MAexp50: | +2.42% | |
| Price / MAexp100: | +3.86% |
Quotes :
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Real time data
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