UNISWAP PROTOCOL TOKEN - UNI/USDT - Daily - Technical analysis published on 01/21/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
72%
22%
My opinion
Bearish under 14.92 USDT
My targets
12.80 USDT (-8.81%)
8.61 USDT (-38.70%)
My analysis
UNISWAP PROTOCOL TOKEN - UNI/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 14.92 USDT. The next support located at 12.80 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 8.61 USDT. Below this support, sellers could then target 3.50 USDT. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.2
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Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USDT price is 14.04 USDT. On the day, this instrument lost -2.97% and was traded between 13.54 USDT and 14.67 USDT over the period. The price is currently at +3.69% from its lowest and -4.29% from its highest.13.54
14.67
14.04
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of UNISWAP PROTOCOL TOKEN - UNI/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 14.04 | 14.92 | 19.10 | 22.34 |
| Change (%) | - | +6.27% | +36.04% | +59.12% |
| Change | - | +0.88 | +5.06 | +8.30 |
| Level | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.07 | 13.23 | 13.85 | 15.01 | 15.63 | 16.79 | 17.41 |
| Camarilla | 13.98 | 14.14 | 14.31 | 14.47 | 14.63 | 14.80 | 14.96 |
| Woodie | 11.80 | 13.10 | 13.58 | 14.88 | 15.36 | 16.66 | 17.14 |
| Fibonacci | 13.23 | 13.91 | 14.33 | 15.01 | 15.69 | 16.11 | 16.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.25 | 13.98 | 15.23 | 15.96 | 17.21 | 17.94 | 19.19 |
| Camarilla | 15.93 | 16.11 | 16.29 | 16.47 | 16.65 | 16.83 | 17.02 |
| Woodie | 13.50 | 14.11 | 15.48 | 16.09 | 17.46 | 18.07 | 19.44 |
| Fibonacci | 13.98 | 14.74 | 15.21 | 15.96 | 16.72 | 17.19 | 17.94 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.50 | 8.61 | 12.80 | 17.91 | 22.10 | 27.21 | 31.40 |
| Camarilla | 14.44 | 15.30 | 16.15 | 17.00 | 17.85 | 18.71 | 19.56 |
| Woodie | 3.05 | 8.38 | 12.35 | 17.68 | 21.65 | 26.98 | 30.95 |
| Fibonacci | 8.61 | 12.16 | 14.35 | 17.91 | 21.46 | 23.65 | 27.21 |
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): | 38.14 | |
| MACD (12,26,9): | -0.5900 | |
| Directional Movement: | -8.43 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 15.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.70 | |
| Elder Ray (13): | -1.60 | |
| Super Trend (3,10): | 18.48 | |
| Zig ZAG (10): | 14.00 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 8.96 | |
| TEMA (21): | 15.19 | |
| Williams %R (14): | -91.14 | |
| Chande Momentum Oscillator (20): | -1.85 | |
| Repulse (5,40,3): | -17.3400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3100 | |
| Courbe Coppock: | 14.95 |
| MA7: | 15.79 | |
| MA20: | 16.24 | |
| MA50: | 16.47 | |
| MA100: | 20.29 | |
| MAexp7: | 15.25 | |
| MAexp20: | 16.01 | |
| MAexp50: | 17.24 | |
| MAexp100: | 19.12 | |
| Price / MA7: | -11.08% | |
| Price / MA20: | -13.55% | |
| Price / MA50: | -14.75% | |
| Price / MA100: | -30.80% | |
| Price / MAexp7: | -7.93% | |
| Price / MAexp20: | -12.30% | |
| Price / MAexp50: | -18.56% | |
| Price / MAexp100: | -26.57% |
Quotes :
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Real time data
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Cryptocompare
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