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Weekly forecast Cosmos technical chart
Symbol ATOMUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateAugust 14, 2022 - 10:06
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 20.200 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 9.640 on 08/03/2022, so more gains to resistance(s) 12.500, 14.781, 17.219 and maximum to Major Resistance (20.200) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 62.

Symbol Released Current Forecast
Cosmos (ATOMUSD) Sun, 24 Mar 2024
Cosmos (ATOMUSD) Sun, 17 Mar 2024
Cosmos (ATOMUSD) Sun, 10 Mar 2024
Cosmos (ATOMUSD) Sun, 3 Mar 2024
Cosmos (ATOMUSD) Sat, 24 Feb 2024