UNISWAP PROTOCOL TOKEN - UNI/USDT - 1H - Technical analysis published on 02/08/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 6.75 USDT
My targets
7.02 USDT (+1.15%)
7.25 USDT (+4.47%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade UNISWAP PROTOCOL TOKEN - UNI/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 6.75 USDT. The buyers' bullish objective is set at 7.02 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.25 USDT. If there is any crossing, the next objective would be the resistance located at 7.35 USDT. If there is a bearish break in the support located at 6.75 USDT some indecision would arise.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
0.9
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Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USDT price is 6.94 USDT. The price registered a decrease of -0.57% on the session and was traded between 6.87 USDT and 7.06 USDT over the period. The price is currently at +1.02% from its lowest and -1.70% from its highest.6.87
7.06
6.94
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of UNISWAP PROTOCOL TOKEN - UNI/USDT indicates that the overall trend is slightly bullish. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.60 | 6.75 | 6.90 | 6.94 | 7.02 | 7.25 | 7.35 |
| Change (%) | -4.90% | -2.74% | -0.58% | - | +1.15% | +4.47% | +5.91% |
| Change | -0.34 | -0.19 | -0.04 | - | +0.08 | +0.31 | +0.41 |
| Level | Minor | Minor | Major | - | Minor | Minor | Major |
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 | 6.36 | 6.49 | 6.74 | 6.87 | 7.12 | 7.25 | 7.50 |
| Camarilla | 6.88 | 6.91 | 6.95 | 6.98 | 7.02 | 7.05 | 7.09 |
| Woodie | 6.41 | 6.52 | 6.79 | 6.90 | 7.17 | 7.28 | 7.55 |
| Fibonacci | 6.49 | 6.64 | 6.73 | 6.87 | 7.02 | 7.11 | 7.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.31 | 5.81 | 6.51 | 7.01 | 7.71 | 8.21 | 8.91 |
| Camarilla | 6.87 | 6.98 | 7.09 | 7.20 | 7.31 | 7.42 | 7.53 |
| Woodie | 5.40 | 5.86 | 6.60 | 7.06 | 7.80 | 8.26 | 9.00 |
| Fibonacci | 5.81 | 6.27 | 6.56 | 7.01 | 7.47 | 7.76 | 8.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.39 | 4.25 | 5.40 | 6.26 | 7.41 | 8.27 | 9.42 |
| Camarilla | 6.01 | 6.19 | 6.38 | 6.56 | 6.74 | 6.93 | 7.11 |
| Woodie | 3.55 | 4.32 | 5.56 | 6.33 | 7.57 | 8.34 | 9.58 |
| Fibonacci | 4.25 | 5.01 | 5.49 | 6.26 | 7.02 | 7.50 | 8.27 |
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): | 50.65 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | -0.70 | |
| AROON (14): | -71.42 | |
| DEMA (21): | 6.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.04 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 6.79 | |
| Zig ZAG (10): | 6.91 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 22.87 | |
| TEMA (21): | 6.96 | |
| Williams %R (14): | -77.66 | |
| Chande Momentum Oscillator (20): | -0.12 | |
| Repulse (5,40,3): | -0.3500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 0.52 |
| MA7: | 6.97 | |
| MA20: | 6.79 | |
| MA50: | 6.09 | |
| MA100: | 6.02 | |
| MAexp7: | 6.93 | |
| MAexp20: | 6.93 | |
| MAexp50: | 6.90 | |
| MAexp100: | 6.92 | |
| Price / MA7: | -0.43% | |
| Price / MA20: | +2.21% | |
| Price / MA50: | +13.96% | |
| Price / MA100: | +15.28% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.14% | |
| Price / MAexp50: | +0.58% | |
| Price / MAexp100: | +0.29% |
Quotes :
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Real time data
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Cryptocompare
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