UNISWAP - UNI/USDT - Daily - Technical analysis published on 04/04/2023 (GMT)
- 221
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
50%
6%
44%
My opinion
Neutral between 5.65 USDT and 6.51 USDT
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on UNISWAP PROTOCOL TOKEN - UNI/USDT. It is difficult to advise a trading direction under these conditions. The first support is located at 5.65 USDT. The first resistance is located at 6.51 USDT. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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 Mehmet Fikret DINCER. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USDT price is 6.12 USDT. On the day, this instrument gained +3.20% and was between 5.88 USDT and 6.14 USDT. This implies that the price is at +4.08% from its lowest and at -0.33% from its highest.5.88
6.14
6.12
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this UNISWAP PROTOCOL TOKEN - UNI/USDT chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
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 | 5.43 | 5.65 | 6.01 | 6.12 | 6.51 | 6.88 | 7.62 |
Change (%) | -11.27% | -7.68% | -1.80% | - | +6.37% | +12.42% | +24.51% |
Change | -0.69 | -0.47 | -0.11 | - | +0.39 | +0.76 | +1.50 |
Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 5.55 | 5.68 | 5.81 | 5.94 | 6.07 | 6.20 | 6.33 |
Camarilla | 5.86 | 5.88 | 5.91 | 5.93 | 5.95 | 5.98 | 6.00 |
Woodie | 5.54 | 5.68 | 5.80 | 5.94 | 6.06 | 6.20 | 6.32 |
Fibonacci | 5.68 | 5.78 | 5.84 | 5.94 | 6.04 | 6.10 | 6.20 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 5.09 | 5.30 | 5.70 | 5.91 | 6.31 | 6.52 | 6.92 |
Camarilla | 5.93 | 5.99 | 6.04 | 6.10 | 6.16 | 6.21 | 6.27 |
Woodie | 5.19 | 5.35 | 5.80 | 5.96 | 6.41 | 6.57 | 7.02 |
Fibonacci | 5.30 | 5.53 | 5.68 | 5.91 | 6.14 | 6.29 | 6.52 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.58 | 4.40 | 5.24 | 6.06 | 6.90 | 7.72 | 8.56 |
Camarilla | 5.61 | 5.77 | 5.92 | 6.07 | 6.22 | 6.37 | 6.53 |
Woodie | 3.58 | 4.41 | 5.24 | 6.07 | 6.90 | 7.73 | 8.56 |
Fibonacci | 4.40 | 5.04 | 5.43 | 6.06 | 6.70 | 7.09 | 7.72 |
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): | 50.77 | |
MACD (12,26,9): | -0.0700 | |
Directional Movement: | -5.46 | |
AROON (14): | -42.86 | |
DEMA (21): | 5.92 | |
Parabolic SAR (0,02-0,02-0,2): | 6.34 | |
Elder Ray (13): | 0.01 | |
Super Trend (3,10): | 6.65 | |
Zig ZAG (10): | 6.11 | |
VORTEX (21): | 0.9800 | |
Stochastique (14,3,5): | 49.30 | |
TEMA (21): | 5.94 | |
Williams %R (14): | -35.64 | |
Chande Momentum Oscillator (20): | -0.12 | |
Repulse (5,40,3): | 3.3200 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.2500 | |
Courbe Coppock: | 8.16 |
MA7: | 6.00 | |
MA20: | 6.05 | |
MA50: | 6.28 | |
MA100: | 6.17 | |
MAexp7: | 6.00 | |
MAexp20: | 6.03 | |
MAexp50: | 6.17 | |
MAexp100: | 6.22 | |
Price / MA7: | +2.00% | |
Price / MA20: | +1.16% | |
Price / MA50: | -2.55% | |
Price / MA100: | -0.81% | |
Price / MAexp7: | +2.00% | |
Price / MAexp20: | +1.49% | |
Price / MAexp50: | -0.81% | |
Price / MAexp100: | -1.61% |
Quotes :
-
Real time data
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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…
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