Londinia Opportunities Analyses - 05/17/2024 (GMT) UNILEND FINANCE - UFT/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | UFTUSDT |
| 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:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.413950 USDT
My targets
0.438832 USDT (+3.59%)
0.484378 USDT (+14.34%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UNILEND FINANCE - UFT/USDT as long as the price remains well above 0.413950 USDT. The buyers' bullish objective is set at 0.438832 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.484378 USDT. If there is any crossing, the next objective would be the resistance located at 0.571081 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
7.7
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Additional analysis
Quotes
The UNILEND FINANCE - UFT/USDT price is 0.423612 USDT. The price registered an increase of +1.12% on the session and was between 0.418126 USDT and 0.430601 USDT. This implies that the price is at +1.31% from its lowest and at -1.62% from its highest.0.418126
0.430601
0.423612
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by UNILEND FINANCE - UFT/USDT:
Technical
Technical analysis of this 1H chart of UNILEND FINANCE - UFT/USDT indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.405487 | 0.413950 | 0.421434 | 0.423612 | 0.438832 | 0.571081 | 0.613518 |
| Change (%) | -4.28% | -2.28% | -0.51% | - | +3.59% | +34.81% | +44.83% |
| Change | -0.018125 | -0.009662 | -0.002178 | - | +0.015220 | +0.147469 | +0.189906 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Minor |
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 | 0.381844 | 0.395802 | 0.407359 | 0.421317 | 0.432874 | 0.446832 | 0.458389 |
| Camarilla | 0.411899 | 0.414238 | 0.416577 | 0.418916 | 0.421255 | 0.423594 | 0.425933 |
| Woodie | 0.380644 | 0.395202 | 0.406159 | 0.420717 | 0.431674 | 0.446232 | 0.457189 |
| Fibonacci | 0.395802 | 0.405549 | 0.411570 | 0.421317 | 0.431064 | 0.437085 | 0.446832 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.330238 | 0.356079 | 0.381618 | 0.407459 | 0.432998 | 0.458839 | 0.484378 |
| Camarilla | 0.393029 | 0.397738 | 0.402448 | 0.407158 | 0.411868 | 0.416578 | 0.421288 |
| Woodie | 0.330088 | 0.356004 | 0.381468 | 0.407384 | 0.432848 | 0.458764 | 0.484228 |
| Fibonacci | 0.356079 | 0.375706 | 0.387832 | 0.407459 | 0.427086 | 0.439212 | 0.458839 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.032667 | 0.161485 | 0.281706 | 0.475858 | 0.596079 | 0.790231 | 0.910452 |
| Camarilla | 0.315473 | 0.344291 | 0.373109 | 0.401926 | 0.430744 | 0.459561 | 0.488379 |
| Woodie | -0.069634 | 0.143002 | 0.244740 | 0.457375 | 0.559113 | 0.771748 | 0.873486 |
| Fibonacci | 0.161485 | 0.281576 | 0.355768 | 0.475858 | 0.595949 | 0.670141 | 0.790231 |
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): | 55.09 | |
| MACD (12,26,9): | 0.0009 | |
| Directional Movement: | 19.065361 | |
| AROON (14): | -7.142857 | |
| DEMA (21): | 0.421130 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.411765 | |
| Elder Ray (13): | 0.001886 | |
| Super Trend (3,10): | 0.436690 | |
| Zig ZAG (10): | 0.423357 | |
| VORTEX (21): | 0.9721 | |
| Stochastique (14,3,5): | 55.70 | |
| TEMA (21): | 0.419818 | |
| Williams %R (14): | -45.54 | |
| Chande Momentum Oscillator (20): | 0.007621 | |
| Repulse (5,40,3): | 0.5233 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0281 | |
| Courbe Coppock: | 0.52 |
| MA7: | 0.411990 | |
| MA20: | 0.412015 | |
| MA50: | 0.463195 | |
| MA100: | 0.475872 | |
| MAexp7: | 0.420909 | |
| MAexp20: | 0.419537 | |
| MAexp50: | 0.415824 | |
| MAexp100: | 0.411810 | |
| Price / MA7: | +2.82% | |
| Price / MA20: | +2.81% | |
| Price / MA50: | -8.55% | |
| Price / MA100: | -10.98% | |
| Price / MAexp7: | +0.64% | |
| Price / MAexp20: | +0.97% | |
| Price / MAexp50: | +1.87% | |
| Price / MAexp100: | +2.87% |
Quotes :
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Real time data
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Cryptocompare