UNISWAP PROTOCOL TOKEN - UNI/USD - Daily - Technical analysis published on 12/07/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 5.87 USD
My targets
6.32 USD (+4.12%)
6.67 USD (+9.88%)
My analysis
The bullish trend is currently very strong on UNISWAP PROTOCOL TOKEN - UNI/USD. As long as the price remains above the support at 5.87 USD, you could try to benefit from the boom. The first bullish objective is located at 6.32 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.67 USD as an objective. Crossing it would then enable buyers to target 7.52 USD. 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USD rating is 6.07 USD. The price registered an increase of +1.17% on the session with the lowest point at 5.99 USD and the highest point at 6.11 USD. The deviation from the price is +1.34% for the low point and -0.65% for the high point.5.99
6.11
6.07
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this UNISWAP PROTOCOL TOKEN - UNI/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Aroon indicator bearish trend
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.86 | 5.41 | 5.87 | 6.07 | 6.32 | 6.67 | 7.52 |
| Change (%) | -19.93% | -10.87% | -3.29% | - | +4.12% | +9.88% | +23.89% |
| Change | -1.21 | -0.66 | -0.20 | - | +0.25 | +0.60 | +1.45 |
| Level | Intermediate | Minor | Intermediate | - | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 5.53 | 5.75 | 5.87 | 6.09 | 6.21 | 6.43 | 6.55 |
| Camarilla | 5.91 | 5.94 | 5.97 | 6.00 | 6.03 | 6.06 | 6.09 |
| Woodie | 5.49 | 5.73 | 5.83 | 6.07 | 6.17 | 6.41 | 6.51 |
| Fibonacci | 5.75 | 5.88 | 5.96 | 6.09 | 6.22 | 6.30 | 6.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.09 | 5.47 | 5.82 | 6.20 | 6.55 | 6.93 | 7.28 |
| Camarilla | 5.98 | 6.05 | 6.11 | 6.18 | 6.25 | 6.31 | 6.38 |
| Woodie | 5.09 | 5.46 | 5.82 | 6.19 | 6.55 | 6.92 | 7.28 |
| Fibonacci | 5.47 | 5.75 | 5.92 | 6.20 | 6.48 | 6.65 | 6.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.87 | 2.94 | 4.45 | 5.52 | 7.03 | 8.10 | 9.61 |
| Camarilla | 5.24 | 5.48 | 5.71 | 5.95 | 6.19 | 6.42 | 6.66 |
| Woodie | 2.08 | 3.05 | 4.66 | 5.63 | 7.24 | 8.21 | 9.82 |
| Fibonacci | 2.94 | 3.93 | 4.54 | 5.52 | 6.51 | 7.12 | 8.10 |
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): | 58.26 | |
| MACD (12,26,9): | 0.2700 | |
| Directional Movement: | 11.68 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 6.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.83 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 5.05 | |
| Zig ZAG (10): | 6.07 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 43.89 | |
| TEMA (21): | 6.26 | |
| Williams %R (14): | -69.74 | |
| Chande Momentum Oscillator (20): | -0.11 | |
| Repulse (5,40,3): | -1.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.8700 | |
| Courbe Coppock: | 16.29 |
| MA7: | 6.10 | |
| MA20: | 5.92 | |
| MA50: | 5.16 | |
| MA100: | 4.73 | |
| MAexp7: | 6.08 | |
| MAexp20: | 5.89 | |
| MAexp50: | 5.40 | |
| MAexp100: | 5.13 | |
| Price / MA7: | -0.49% | |
| Price / MA20: | +2.53% | |
| Price / MA50: | +17.64% | |
| Price / MA100: | +28.33% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | +3.06% | |
| Price / MAexp50: | +12.41% | |
| Price / MAexp100: | +18.32% |
Quotes :
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Real time data
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