Londinia Opportunities Analyses - 05/03/2024 (GMT) UNIVERSAL ETH (X10) - 1H

UNIVERSAL ETH (X10)
Type: Cryptocurrencies
Ticker: UNIETH
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • 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 0.024303 ETH
My targets
0.024726 ETH (+1.05%)
0.025544 ETH (+4.40%)
My analysis
UNISWAP PROTOCOL TOKEN (X10) - UNI/ETH is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.024303 ETH. The next resistance located at 0.024726 ETH is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.025544 ETH. After this resistance, buyers could then target 0.033323 ETH. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

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

UNISWAP PROTOCOL TOKEN (X10) - UNI/ETH rating 0.024468 ETH. The price registered an increase of +2.72% on the session and was between 0.023459 ETH and 0.024509 ETH. This implies that the price is at +4.30% from its lowest and at -0.17% from its highest.

0.023459
0.024509
0.024468

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

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 UNISWAP PROTOCOL TOKEN (X10) - UNI/ETH in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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 bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.023428 0.023818 0.024303 0.024468 0.024726 0.025544 0.033323
Change (%) -4.25% -2.66% -0.67% - +1.05% +4.40% +36.19%
Change -0.001040 -0.000650 -0.000165 - +0.000258 +0.001076 +0.008855
Level Minor Intermediate Minor - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0230710.0233100.0235660.0238050.0240610.0243000.024556
Camarilla0.0236850.0237300.0237760.0238210.0238660.0239120.023957
Woodie0.0230790.0233140.0235740.0238090.0240690.0243040.024564
Fibonacci0.0233100.0234990.0236160.0238050.0239940.0241110.024300


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0215970.0228640.0236740.0249410.0257510.0270180.027828
Camarilla0.0239140.0241040.0242950.0244850.0246750.0248660.025056
Woodie0.0213700.0227500.0234470.0248270.0255240.0269040.027601
Fibonacci0.0228640.0236570.0241470.0249410.0257340.0262240.027018


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0019650.0112520.0172810.0265680.0325970.0418840.047913
Camarilla0.0190980.0205020.0219060.0233100.0247140.0261180.027522
Woodie0.0003360.0104380.0156520.0257540.0309680.0410700.046284
Fibonacci0.0112520.0171030.0207170.0265680.0324190.0360330.041884

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 66.12
MACD (12,26,9): 0.0002
Directional Movement: 20.707099
AROON (14): 42.857143
DEMA (21): 0.024170
Parabolic SAR (0,02-0,02-0,2): 0.023963
Elder Ray (13): 0.000216
Super Trend (3,10): 0.023842
Zig ZAG (10): 0.024279
VORTEX (21): 1.1419
Stochastique (14,3,5): 84.27
TEMA (21): 0.024279
Williams %R (14): -9.53
Chande Momentum Oscillator (20): 0.000782
Repulse (5,40,3): 0.3384
ROCnROLL: 1
TRIX (15,9): 0.0554
Courbe Coppock: 5.24
MA7: 0.023939
MA20: 0.024183
MA50: 0.029538
MA100: 0.029902
MAexp7: 0.024203
MAexp20: 0.024008
MAexp50: 0.023867
MAexp100: 0.023873
Price / MA7: +2.21%
Price / MA20: +1.18%
Price / MA50: -17.16%
Price / MA100: -18.17%
Price / MAexp7: +1.09%
Price / MAexp20: +1.92%
Price / MAexp50: +2.52%
Price / MAexp100: +2.49%

Quotes : - Real time data - Cryptocompare