UNISWAP PROTOCOL TOKEN - UNI/USDT - 1H - Technical analysis published on 10/28/2022 (GMT)
- 121
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 6.78 USDT
My targets
6.60 USDT (-1.20%)
6.36 USDT (-4.79%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on UNISWAP PROTOCOL TOKEN - UNI/USDT as long as the price remains well below 6.78 USDT. The next bearish objective for sellers is set at 6.60 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.36 USDT. In case of crossing, the next objective would be the support located at 6.08 USDT.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.2
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 price is 6.68 USDT. The price is lower by -1.77% since the last closing and was between 6.52 USDT and 6.93 USDT. This implies that the price is at +2.45% from its lowest and at -3.61% from its highest.6.52
6.93
6.68
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by UNISWAP PROTOCOL TOKEN - UNI/USDT:
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 slightly bearish trend. 60.71% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 6.08 | 6.36 | 6.60 | 6.68 | 6.78 | 6.91 | 7.21 |
Change (%) | -8.98% | -4.79% | -1.20% | - | +1.50% | +3.44% | +7.93% |
Change | -0.60 | -0.32 | -0.08 | - | +0.10 | +0.23 | +0.53 |
Level | Intermediate | Intermediate | Major | - | Minor | 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 | 6.05 | 6.37 | 6.58 | 6.90 | 7.11 | 7.43 | 7.64 |
Camarilla | 6.65 | 6.70 | 6.75 | 6.80 | 6.85 | 6.90 | 6.95 |
Woodie | 6.01 | 6.34 | 6.54 | 6.87 | 7.07 | 7.40 | 7.60 |
Fibonacci | 6.37 | 6.57 | 6.69 | 6.90 | 7.10 | 7.22 | 7.43 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.76 | 5.30 | 5.69 | 6.23 | 6.62 | 7.16 | 7.55 |
Camarilla | 5.83 | 5.92 | 6.01 | 6.09 | 6.18 | 6.26 | 6.35 |
Woodie | 4.70 | 5.26 | 5.63 | 6.19 | 6.56 | 7.12 | 7.49 |
Fibonacci | 5.30 | 5.65 | 5.87 | 6.23 | 6.58 | 6.80 | 7.16 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 39.86 | |
MACD (12,26,9): | -0.0800 | |
Directional Movement: | -14.86 | |
AROON (14): | -42.85 | |
DEMA (21): | 6.66 | |
Parabolic SAR (0,02-0,02-0,2): | 6.69 | |
Elder Ray (13): | -0.06 | |
Super Trend (3,10): | 6.90 | |
Zig ZAG (10): | 6.66 | |
VORTEX (21): | 0.8000 | |
Stochastique (14,3,5): | 26.89 | |
TEMA (21): | 6.58 | |
Williams %R (14): | -62.84 | |
Chande Momentum Oscillator (20): | -0.25 | |
Repulse (5,40,3): | 0.8500 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1200 | |
Courbe Coppock: | 7.61 |
MA7: | 6.47 | |
MA20: | 6.32 | |
MA50: | 6.24 | |
MA100: | 6.89 | |
MAexp7: | 6.65 | |
MAexp20: | 6.74 | |
MAexp50: | 6.76 | |
MAexp100: | 6.65 | |
Price / MA7: | +3.25% | |
Price / MA20: | +5.70% | |
Price / MA50: | +7.05% | |
Price / MA100: | -3.05% | |
Price / MAexp7: | +0.45% | |
Price / MAexp20: | -0.89% | |
Price / MAexp50: | -1.18% | |
Price / MAexp100: | +0.45% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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 - 1H