UNISWAP PROTOCOL TOKEN - UNI/USD - 1H - Technical analysis published on 04/20/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 7.14 USD
My targets
7.94 USD (+6.01%)
8.22 USD (+9.75%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 7.14 USD remains possible. It is advisable to trade UNISWAP PROTOCOL TOKEN - UNI/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 7.14 USD. The next bullish objective for buyers is set at 7.94 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.22 USD. If there is any crossing, the next objective would be the resistance located at 8.95 USD. PS: if there is a bearish break in the support located at 7.14 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UNISWAP PROTOCOL TOKEN - UNI/USD rating 7.49 USD. The price is lower by -0.13% since the last closing with the lowest point at 7.40 USD and the highest point at 7.68 USD. The deviation from the price is +1.22% for the low point and -2.47% for the high point.7.40
7.68
7.49
Here is a more detailed summary of the historical variations registered by UNISWAP PROTOCOL TOKEN - UNI/USD:
Technical
Technical analysis of UNISWAP PROTOCOL TOKEN - UNI/USD in 1H shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral 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.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. The Central Indicators scanner found this result concerning these indicators:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.63 | 6.89 | 7.14 | 7.49 | 7.52 | 7.94 | 8.95 |
| Change (%) | -11.48% | -8.01% | -4.67% | - | +0.40% | +6.01% | +19.49% |
| Change | -0.86 | -0.60 | -0.35 | - | +0.03 | +0.45 | +1.46 |
| Level | Minor | Minor | Intermediate | - | Major | Major | 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 | 5.96 | 6.35 | 6.92 | 7.31 | 7.88 | 8.27 | 8.84 |
| Camarilla | 7.24 | 7.32 | 7.41 | 7.50 | 7.59 | 7.68 | 7.76 |
| Woodie | 6.06 | 6.40 | 7.02 | 7.36 | 7.98 | 8.32 | 8.94 |
| Fibonacci | 6.35 | 6.71 | 6.94 | 7.31 | 7.67 | 7.90 | 8.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.22 | 2.36 | 4.64 | 8.22 | 10.50 | 14.08 | 16.36 |
| Camarilla | 5.31 | 5.85 | 6.38 | 6.92 | 7.46 | 7.99 | 8.53 |
| Woodie | -1.87 | 2.04 | 3.99 | 7.90 | 9.85 | 13.76 | 15.71 |
| Fibonacci | 2.36 | 4.60 | 5.98 | 8.22 | 10.46 | 11.84 | 14.08 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.12 | 6.72 | 9.83 | 13.43 | 16.54 | 20.14 | 23.25 |
| Camarilla | 11.11 | 11.72 | 12.34 | 12.95 | 13.57 | 14.18 | 14.80 |
| Woodie | 2.89 | 6.60 | 9.60 | 13.31 | 16.31 | 20.02 | 23.02 |
| Fibonacci | 6.72 | 9.28 | 10.86 | 13.43 | 15.99 | 17.57 | 20.14 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.58 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | -6.43 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 7.57 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.42 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 7.30 | |
| Zig ZAG (10): | 7.49 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 41.07 | |
| TEMA (21): | 7.53 | |
| Williams %R (14): | -67.86 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | -0.7500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 0.13 |
| MA7: | 7.31 | |
| MA20: | 9.36 | |
| MA50: | 11.52 | |
| MA100: | 9.40 | |
| MAexp7: | 7.52 | |
| MAexp20: | 7.52 | |
| MAexp50: | 7.42 | |
| MAexp100: | 7.40 | |
| Price / MA7: | +2.46% | |
| Price / MA20: | -19.98% | |
| Price / MA50: | -34.98% | |
| Price / MA100: | -20.32% | |
| Price / MAexp7: | -0.40% | |
| Price / MAexp20: | -0.40% | |
| Price / MAexp50: | +0.94% | |
| Price / MAexp100: | +1.22% |
Quotes :
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Real time data
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