UNIFI PROTOCOL DAO - UNFI/USDT - 1H - Technical analysis published on 06/15/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 6.31 USDT
My targets
4.70 USDT (-13.18%)
3.01 USDT (-44.31%)
My analysis
UNIFI PROTOCOL DAO - UNFI/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 6.31 USDT. The next support located at 4.70 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 3.01 USDT. Below this support, sellers could then target 2.48 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.1
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Additional analysis
Quotes
The UNIFI PROTOCOL DAO - UNFI/USDT price is 5.41 USDT. On the day, this instrument lost -11.60% and was traded between 5.12 USDT and 6.27 USDT over the period. The price is currently at +5.66% from its lowest and -13.72% from its highest.5.12
6.27
5.41
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by UNIFI PROTOCOL DAO - UNFI/USDT:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of UNIFI PROTOCOL DAO - UNFI/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 2.48 | 5.41 | 6.94 | 9.80 | 12.24 |
Change (%) | -54.16% | - | +28.28% | +81.15% | +126.25% |
Change | -2.93 | - | +1.53 | +4.39 | +6.83 |
Level | Intermediate | - | Major | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.78 | 4.70 | 5.41 | 6.33 | 7.04 | 7.96 | 8.67 |
Camarilla | 5.67 | 5.82 | 5.97 | 6.12 | 6.27 | 6.42 | 6.57 |
Woodie | 3.68 | 4.65 | 5.31 | 6.28 | 6.94 | 7.91 | 8.57 |
Fibonacci | 4.70 | 5.32 | 5.71 | 6.33 | 6.95 | 7.34 | 7.96 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -41.40 | -19.46 | -6.22 | 15.72 | 28.96 | 50.90 | 64.14 |
Camarilla | -2.65 | 0.58 | 3.81 | 7.03 | 10.26 | 13.48 | 16.71 |
Woodie | -45.74 | -21.64 | -10.56 | 13.55 | 24.62 | 48.73 | 59.80 |
Fibonacci | -19.46 | -6.03 | 2.28 | 15.72 | 29.16 | 37.46 | 50.90 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -1.90 | -0.29 | 1.40 | 3.01 | 4.70 | 6.31 | 8.00 |
Camarilla | 2.17 | 2.48 | 2.78 | 3.08 | 3.38 | 3.69 | 3.99 |
Woodie | -1.87 | -0.27 | 1.43 | 3.03 | 4.73 | 6.33 | 8.03 |
Fibonacci | -0.29 | 0.97 | 1.75 | 3.01 | 4.27 | 5.05 | 6.31 |
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): | 41.61 | |
MACD (12,26,9): | -0.1700 | |
Directional Movement: | -3.28 | |
AROON (14): | -42.86 | |
DEMA (21): | 5.53 | |
Parabolic SAR (0,02-0,02-0,2): | 5.94 | |
Elder Ray (13): | -0.07 | |
Super Trend (3,10): | 6.21 | |
Zig ZAG (10): | 5.50 | |
VORTEX (21): | 0.8900 | |
Stochastique (14,3,5): | 37.65 | |
TEMA (21): | 5.37 | |
Williams %R (14): | -68.36 | |
Chande Momentum Oscillator (20): | -0.49 | |
Repulse (5,40,3): | -3.3700 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.4100 | |
Courbe Coppock: | 18.60 |
MA7: | 6.72 | |
MA20: | 5.19 | |
MA50: | 3.86 | |
MA100: | 4.64 | |
MAexp7: | 5.57 | |
MAexp20: | 5.74 | |
MAexp50: | 5.89 | |
MAexp100: | 6.05 | |
Price / MA7: | -19.49% | |
Price / MA20: | +4.24% | |
Price / MA50: | +40.16% | |
Price / MA100: | +16.59% | |
Price / MAexp7: | -2.87% | |
Price / MAexp20: | -5.75% | |
Price / MAexp50: | -8.15% | |
Price / MAexp100: | -10.58% |
Quotes :
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Real time data
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About author
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…
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