Londinia Opportunities Analyses - 01/26/2023 (GMT) UNIFICATION (X100000) - FUND/BTC - 1H

UNIFICATION (X100000) - FUND/BTC
- BTC (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: FUNDBTC
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
50%
28%
22%
My opinion
Bullish above 1.59 BTC
My targets
1.63 BTC (+1.88%)
1.69 BTC (+5.63%)
My analysis
The bullish trend is currently very strong on UNIFICATION (X100000) - FUND/BTC. As long as the price remains above the support at 1.59 BTC, you could try to benefit from the boom. The first bullish objective is located at 1.63 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.69 BTC as an objective. Crossing it would then enable buyers to target 2.21 BTC. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

UNIFICATION (X100000) - FUND/BTC rating 1.60 BTC. On the day, this instrument gained +4.58% and was traded between 1.53 BTC and 1.62 BTC over the period. The price is currently at +4.58% from its lowest and -1.23% from its highest.

1.53
1.62
1.60

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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 UNIFICATION (X100000) - FUND/BTC indicates that the overall trend is strongly bullish. 92.86% 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, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 4 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.41 1.50 1.59 1.60 1.63 1.69 2.21
Change (%) -11.88% -6.25% -0.63% - +1.88% +5.63% +38.13%
Change -0.19 -0.10 -0.01 - +0.03 +0.09 +0.61
Level Intermediate Major Major - Minor Minor 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
Standard1.281.331.431.481.581.631.73
Camarilla1.491.501.521.531.541.561.57
Woodie1.311.341.461.491.611.641.76
Fibonacci1.331.391.421.481.541.571.63


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.570.861.151.441.732.022.31
Camarilla1.271.321.381.431.481.541.59
Woodie0.560.861.141.441.722.022.30
Fibonacci0.861.091.221.441.671.802.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.020.361.041.382.062.403.08
Camarilla1.441.531.631.721.811.912.00
Woodie0.190.451.211.472.232.493.25
Fibonacci0.360.750.991.381.772.012.40

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): 56.40
MACD (12,26,9): 0.0200
Directional Movement: 16.55
AROON (14): 35.71
DEMA (21): 1.60
Parabolic SAR (0,02-0,02-0,2): 1.61
Elder Ray (13): 0
Super Trend (3,10): 1.53
Zig ZAG (10): 1.58
VORTEX (21): 1.0600
Stochastique (14,3,5): 36.93
TEMA (21): 1.59
Williams %R (14): -70.59
Chande Momentum Oscillator (20): 0.00
Repulse (5,40,3): -0.1300
ROCnROLL: 1
TRIX (15,9): 0.2100
Courbe Coppock: 1.85
MA7: 1.48
MA20: 1.69
MA50: 1.38
MA100: 1.26
MAexp7: 1.58
MAexp20: 1.57
MAexp50: 1.53
MAexp100: 1.51
Price / MA7: +8.11%
Price / MA20: -5.33%
Price / MA50: +15.94%
Price / MA100: +26.98%
Price / MAexp7: +1.27%
Price / MAexp20: +1.91%
Price / MAexp50: +4.58%
Price / MAexp100: +5.96%

Quotes : - Real time data - Cryptocompare