UNISWAP PROTOCOL TOKEN - UNI/USDT - 1H - Technical analysis published on 10/19/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 6.66 USDT
My targets
6.88 USDT (+2.53%)
7.35 USDT (+9.58%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UNISWAP PROTOCOL TOKEN - UNI/USDT as long as the price remains well above 6.66 USDT. The buyers' bullish objective is set at 6.88 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.35 USDT. If there is any crossing, the next objective would be the resistance located at 8.44 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USDT price is 6.71 USDT. The price has increased by +2.76% since the last closing and was between 6.39 USDT and 6.76 USDT. This implies that the price is at +5.01% from its lowest and at -0.74% from its highest.6.39
6.76
6.71
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this UNISWAP PROTOCOL TOKEN - UNI/USDT 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
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 | 6.23 | 6.45 | 6.66 | 6.71 | 6.88 | 8.44 | 9.28 |
| Change (%) | -7.15% | -3.87% | -0.75% | - | +2.53% | +25.78% | +38.30% |
| Change | -0.48 | -0.26 | -0.05 | - | +0.17 | +1.73 | +2.57 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 5.84 | 6.03 | 6.28 | 6.47 | 6.72 | 6.91 | 7.16 |
| Camarilla | 6.41 | 6.45 | 6.49 | 6.53 | 6.57 | 6.61 | 6.65 |
| Woodie | 5.87 | 6.05 | 6.31 | 6.49 | 6.75 | 6.93 | 7.19 |
| Fibonacci | 6.03 | 6.20 | 6.30 | 6.47 | 6.64 | 6.74 | 6.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.10 | 4.75 | 5.40 | 6.05 | 6.70 | 7.35 | 8.00 |
| Camarilla | 5.68 | 5.80 | 5.92 | 6.04 | 6.16 | 6.28 | 6.40 |
| Woodie | 4.09 | 4.75 | 5.39 | 6.05 | 6.69 | 7.35 | 7.99 |
| Fibonacci | 4.75 | 5.25 | 5.56 | 6.05 | 6.55 | 6.86 | 7.35 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.62 | 4.39 | 5.42 | 6.19 | 7.22 | 7.99 | 9.02 |
| Camarilla | 5.97 | 6.13 | 6.30 | 6.46 | 6.63 | 6.79 | 6.96 |
| Woodie | 3.76 | 4.46 | 5.56 | 6.26 | 7.36 | 8.06 | 9.16 |
| Fibonacci | 4.39 | 5.07 | 5.50 | 6.19 | 6.87 | 7.30 | 7.99 |
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): | 70.18 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 19.00 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 6.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.41 | |
| Elder Ray (13): | 0.13 | |
| Super Trend (3,10): | 6.42 | |
| Zig ZAG (10): | 6.70 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 80.40 | |
| TEMA (21): | 6.60 | |
| Williams %R (14): | -15.78 | |
| Chande Momentum Oscillator (20): | 0.25 | |
| Repulse (5,40,3): | 2.0700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 1.84 |
| MA7: | 6.31 | |
| MA20: | 6.43 | |
| MA50: | 6.22 | |
| MA100: | 6.94 | |
| MAexp7: | 6.59 | |
| MAexp20: | 6.52 | |
| MAexp50: | 6.43 | |
| MAexp100: | 6.34 | |
| Price / MA7: | +6.34% | |
| Price / MA20: | +4.35% | |
| Price / MA50: | +7.88% | |
| Price / MA100: | -3.31% | |
| Price / MAexp7: | +1.82% | |
| Price / MAexp20: | +2.91% | |
| Price / MAexp50: | +4.35% | |
| Price / MAexp100: | +5.84% |
Quotes :
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Real time data
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