UNISWAP PROTOCOL TOKEN - UNI/USDT - Weekly - Technical analysis published on 12/17/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 7.51 USDT
My targets
5.03 USDT (-6.51%)
3.10 USDT (-42.38%)
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 7.51 USDT. The next support located at 5.03 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 3.10 USDT. Below this support, sellers could then target 1.94 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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Additional analysis
Quotes
UNISWAP PROTOCOL TOKEN - UNI/USDT rating 5.38 USDT. The price is lower by -9.17% over the 5 days and was traded between 5.25 USDT and 6.25 USDT over the period. The price is currently at +2.48% from its lowest point and -13.96% from its highest point.5.25
6.25
5.38
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:
Technical
Technical analysis of UNISWAP PROTOCOL TOKEN - UNI/USDT in Weekly shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : Weekly
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : Weekly
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1.94 | 5.03 | 5.38 | 9.28 | 14.48 | 31.34 |
| Change (%) | -63.94% | -6.51% | - | +72.49% | +169.14% | +482.53% |
| Change | -3.44 | -0.35 | - | +3.90 | +9.10 | +25.96 |
| Level | Minor | Major | - | Intermediate | Minor | 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 | 4.41 | 4.82 | 5.06 | 5.47 | 5.71 | 6.12 | 6.36 |
| Camarilla | 5.12 | 5.18 | 5.24 | 5.30 | 5.36 | 5.42 | 5.48 |
| Woodie | 4.33 | 4.78 | 4.98 | 5.43 | 5.63 | 6.08 | 6.28 |
| Fibonacci | 4.82 | 5.07 | 5.22 | 5.47 | 5.72 | 5.87 | 6.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.31 | 5.60 | 5.83 | 6.12 | 6.35 | 6.64 | 6.87 |
| Camarilla | 5.93 | 5.98 | 6.02 | 6.07 | 6.12 | 6.17 | 6.21 |
| Woodie | 5.29 | 5.59 | 5.81 | 6.11 | 6.33 | 6.63 | 6.85 |
| Fibonacci | 5.60 | 5.80 | 5.92 | 6.12 | 6.32 | 6.44 | 6.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.45 | 3.10 | 4.48 | 6.13 | 7.51 | 9.16 | 10.54 |
| Camarilla | 5.03 | 5.31 | 5.58 | 5.86 | 6.14 | 6.42 | 6.69 |
| Woodie | 1.32 | 3.03 | 4.35 | 6.06 | 7.38 | 9.09 | 10.41 |
| Fibonacci | 3.10 | 4.26 | 4.97 | 6.13 | 7.29 | 8.00 | 9.16 |
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): | 41.92 | |
| MACD (12,26,9): | -0.6800 | |
| Directional Movement: | -7.93 | |
| AROON (14): | -7.15 | |
| DEMA (21): | 5.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.02 | |
| Elder Ray (13): | -0.33 | |
| Super Trend (3,10): | 9.57 | |
| Zig ZAG (10): | 5.42 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 36.96 | |
| TEMA (21): | 6.04 | |
| Williams %R (14): | -77.92 | |
| Chande Momentum Oscillator (20): | -0.24 | |
| Repulse (5,40,3): | -17.2100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.3900 | |
| Courbe Coppock: | 21.51 |
| MA7: | 5.77 | |
| MA20: | 5.92 | |
| MA50: | 6.06 | |
| MA100: | 6.15 | |
| MAexp7: | 5.87 | |
| MAexp20: | 6.34 | |
| MAexp50: | 8.60 | |
| MAexp100: | 12.90 | |
| Price / MA7: | -6.76% | |
| Price / MA20: | -9.12% | |
| Price / MA50: | -11.22% | |
| Price / MA100: | -12.52% | |
| Price / MAexp7: | -8.35% | |
| Price / MAexp20: | -15.14% | |
| Price / MAexp50: | -37.44% | |
| Price / MAexp100: | -58.29% |
Quotes :
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Real time data
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