Londinia Opportunities Analyses - 09/16/2021 (GMT) UNITRADE - TRADE/USDT - 1H

UNITRADE - TRADE/USDT
Type: Cryptocurrencies
Ticker: TRADEUSDT
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
83%
0%
17%
My opinion
Bullish above 0.139741 USDT
My targets
0.161500 USDT (+10.16%)
0.197300 USDT (+34.58%)
My analysis
UNITRADE - TRADE/USDT 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 0.139741 USDT. The next resistance located at 0.161500 USDT 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 0.197300 USDT. After this resistance, buyers could then target 0.205989 USDT. 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
8.8

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

UNITRADE - TRADE/USDT rating 0.146600 USDT. The price has increased by +13.47% since the last closing and was traded between 0.127400 USDT and 0.146600 USDT over the period. The price is currently at +15.07% from its lowest and 0% from its highest.

0.127400
0.146600
0.146600

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 this 1H chart of UNITRADE - TRADE/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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.124064 0.133867 0.139741 0.146600 0.147100 0.205989 0.405000
Change (%) -15.37% -8.69% -4.68% - +0.34% +40.51% +176.26%
Change -0.022536 -0.012733 -0.006859 - +0.000500 +0.059389 +0.258400
Level Major Intermediate Major - Minor Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1169330.1212670.1252330.1295670.1335330.1378670.141833
Camarilla0.1269180.1276780.1284390.1292000.1299610.1307220.131483
Woodie0.1167500.1211750.1250500.1294750.1333500.1377750.141650
Fibonacci0.1212670.1244370.1263960.1295670.1327370.1346960.137867


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0493000.0851000.1054000.1412000.1615000.1973000.217600
Camarilla0.1102730.1154150.1205580.1257000.1308430.1359850.141128
Woodie0.0415500.0812250.0976500.1373250.1537500.1934250.209850
Fibonacci0.0851000.1065300.1197700.1412000.1626300.1758700.197300


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.1056000.0042000.0848000.1946000.2752000.3850000.465600
Camarilla0.1130400.1304930.1479470.1654000.1828530.2003070.217760
Woodie-0.120200-0.0031000.0702000.1873000.2606000.3777000.451000
Fibonacci0.0042000.0769330.1218670.1946000.2673330.3122670.385000

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): 66.40
MACD (12,26,9): 0.0013
Directional Movement: 4.449687
AROON (14): 78.571430
DEMA (21): 0.132288
Parabolic SAR (0,02-0,02-0,2): 0.124745
Elder Ray (13): 0.001254
Super Trend (3,10): 0.125803
Zig ZAG (10): 0.132700
VORTEX (21): 1.1102
Stochastique (14,3,5): 81.95
TEMA (21): 0.132820
Williams %R (14): -16.46
Chande Momentum Oscillator (20): 0.003600
Repulse (5,40,3): 1.5789
ROCnROLL: 1
TRIX (15,9): 0.1242
Courbe Coppock: 6.76
MA7: 0.127529
MA20: 0.153080
MA50: 0.155058
MA100: 0.150570
MAexp7: 0.132133
MAexp20: 0.130643
MAexp50: 0.128913
MAexp100: 0.128821
Price / MA7: +14.95%
Price / MA20: -4.23%
Price / MA50: -5.45%
Price / MA100: -2.64%
Price / MAexp7: +10.95%
Price / MAexp20: +12.21%
Price / MAexp50: +13.72%
Price / MAexp100: +13.80%

Quotes : - Real time data - Cryptocompare