Londinia Opportunities Analyses - 05/03/2024 (GMT) UNIFI PROTOCOL DAO - UNFI/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | UNFIUSDT |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 3.73 USDT
My targets
3.83 USDT (+1.59%)
4.07 USDT (+7.96%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UNIFI PROTOCOL DAO - UNFI/USDT as long as the price remains well above 3.73 USDT. The buyers' bullish objective is set at 3.83 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.07 USDT. If there is any crossing, the next objective would be the resistance located at 5.63 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
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.
Additional analysis
Quotes
The UNIFI PROTOCOL DAO - UNFI/USDT rating is 3.77 USDT. The price has increased by +2.73% since the last closing and was traded between 3.66 USDT and 3.82 USDT over the period. The price is currently at +3.01% from its lowest and -1.31% from its highest.3.66
3.82
3.77
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of UNIFI PROTOCOL DAO - UNFI/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish 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.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.55 | 3.65 | 3.73 | 3.77 | 3.83 | 4.07 | 5.63 |
| Change (%) | -5.84% | -3.18% | -1.06% | - | +1.59% | +7.96% | +49.34% |
| Change | -0.22 | -0.12 | -0.04 | - | +0.06 | +0.30 | +1.86 |
| Level | Major | Intermediate | 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 | 2.92 | 3.21 | 3.44 | 3.73 | 3.96 | 4.25 | 4.48 |
| Camarilla | 3.53 | 3.58 | 3.62 | 3.67 | 3.72 | 3.77 | 3.81 |
| Woodie | 2.89 | 3.20 | 3.41 | 3.72 | 3.93 | 4.24 | 4.45 |
| Fibonacci | 3.21 | 3.41 | 3.53 | 3.73 | 3.93 | 4.05 | 4.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.75 | 3.12 | 3.40 | 3.77 | 4.05 | 4.42 | 4.70 |
| Camarilla | 3.51 | 3.57 | 3.63 | 3.69 | 3.75 | 3.81 | 3.87 |
| Woodie | 2.72 | 3.10 | 3.37 | 3.75 | 4.02 | 4.40 | 4.67 |
| Fibonacci | 3.12 | 3.37 | 3.52 | 3.77 | 4.02 | 4.17 | 4.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -3.36 | -0.41 | 1.54 | 4.49 | 6.44 | 9.39 | 11.34 |
| Camarilla | 2.14 | 2.59 | 3.04 | 3.49 | 3.94 | 4.39 | 4.84 |
| Woodie | -3.86 | -0.66 | 1.04 | 4.24 | 5.94 | 9.14 | 10.84 |
| Fibonacci | -0.41 | 1.46 | 2.62 | 4.49 | 6.36 | 7.52 | 9.39 |
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): | 59.52 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 14.89 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 3.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.81 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 3.62 | |
| Zig ZAG (10): | 3.77 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 60.49 | |
| TEMA (21): | 3.77 | |
| Williams %R (14): | -28.55 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.6300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 1.64 |
| MA7: | 3.65 | |
| MA20: | 3.69 | |
| MA50: | 5.29 | |
| MA100: | 6.06 | |
| MAexp7: | 3.75 | |
| MAexp20: | 3.72 | |
| MAexp50: | 3.65 | |
| MAexp100: | 3.62 | |
| Price / MA7: | +3.29% | |
| Price / MA20: | +2.17% | |
| Price / MA50: | -28.73% | |
| Price / MA100: | -37.79% | |
| Price / MAexp7: | +0.53% | |
| Price / MAexp20: | +1.34% | |
| Price / MAexp50: | +3.29% | |
| Price / MAexp100: | +4.14% |
Quotes :
-
Real time data
-
Cryptocompare