UNISWAP PROTOCOL TOKEN - UNI/USDT - Daily - Technical analysis published on 01/23/2022 (GMT)
- 195
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 13.79 USDT
My targets
10.58 USDT (-5.62%)
8.34 USDT (-25.63%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on UNISWAP PROTOCOL TOKEN - UNI/USDT as long as the price remains well below 13.79 USDT. The sellers' bearish objective is set at 10.58 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 8.34 USDT. In case of crossing, the next objective would be the support located at 7.44 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
7.9
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.
This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USDT rating is 11.21 USDT. On the day, this instrument gained +0.54% and was traded between 11.00 USDT and 11.92 USDT over the period. The price is currently at +1.91% from its lowest and -5.96% from its highest.11.00
11.92
11.21
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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:
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.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
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 : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 11.21 | 14.92 | 19.10 | 27.11 |
| Change (%) | - | +33.10% | +70.38% | +141.84% |
| Change | - | +3.71 | +7.89 | +15.90 |
| Level | - | Minor | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 7.57 | 9.00 | 10.08 | 11.51 | 12.59 | 14.02 | 15.10 |
| Camarilla | 10.46 | 10.69 | 10.92 | 11.15 | 11.38 | 11.61 | 11.84 |
| Woodie | 7.39 | 8.91 | 9.90 | 11.42 | 12.41 | 13.93 | 14.92 |
| Fibonacci | 9.00 | 9.96 | 10.56 | 11.51 | 12.47 | 13.07 | 14.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.61 | 5.52 | 8.34 | 13.25 | 16.07 | 20.98 | 23.80 |
| Camarilla | 9.02 | 9.73 | 10.44 | 11.15 | 11.86 | 12.57 | 13.28 |
| Woodie | -0.45 | 5.00 | 7.29 | 12.73 | 15.02 | 20.46 | 22.75 |
| Fibonacci | 5.52 | 8.48 | 10.30 | 13.25 | 16.21 | 18.03 | 20.98 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.44 | 10.58 | 13.79 | 16.93 | 20.14 | 23.28 | 26.49 |
| Camarilla | 15.25 | 15.84 | 16.42 | 17.00 | 17.58 | 18.16 | 18.75 |
| Woodie | 7.48 | 10.60 | 13.83 | 16.95 | 20.18 | 23.30 | 26.53 |
| Fibonacci | 10.58 | 13.01 | 14.50 | 16.93 | 19.36 | 20.85 | 23.28 |
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): | 30.63 | |
| MACD (12,26,9): | -1.1900 | |
| Directional Movement: | -19.44 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 13.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.69 | |
| Elder Ray (13): | -2.92 | |
| Super Trend (3,10): | 16.25 | |
| Zig ZAG (10): | 11.27 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 8.34 | |
| TEMA (21): | 13.03 | |
| Williams %R (14): | -89.39 | |
| Chande Momentum Oscillator (20): | -4.71 | |
| Repulse (5,40,3): | -26.1100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5200 | |
| Courbe Coppock: | 31.94 |
| MA7: | 13.90 | |
| MA20: | 15.45 | |
| MA50: | 16.15 | |
| MA100: | 19.98 | |
| MAexp7: | 13.30 | |
| MAexp20: | 15.04 | |
| MAexp50: | 16.73 | |
| MAexp100: | 18.77 | |
| Price / MA7: | -19.35% | |
| Price / MA20: | -27.44% | |
| Price / MA50: | -30.59% | |
| Price / MA100: | -43.89% | |
| Price / MAexp7: | -15.71% | |
| Price / MAexp20: | -25.47% | |
| Price / MAexp50: | -32.99% | |
| Price / MAexp100: | -40.28% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis UNISWAP PROTOCOL TOKEN - UNI/USDT - Daily