UNISWAP PROTOCOL TOKEN - UNI/USD - 1H - Technical analysis published on 12/10/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 6.67 USD
My targets
7.33 USD (+7.59%)
7.52 USD (+10.43%)
My analysis
UNISWAP PROTOCOL TOKEN - UNI/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 6.67 USD. The next resistance located at 7.33 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 7.52 USD. After this resistance, buyers could then target 14.56 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
7.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USD price is 6.81 USD. The price registered a decrease of -0.29% on the session and was between 6.77 USD and 6.87 USD. This implies that the price is at +0.59% from its lowest and at -0.87% from its highest.6.77
6.87
6.81
Here is a more detailed summary of the historical variations registered by UNISWAP PROTOCOL TOKEN - UNI/USD:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this UNISWAP PROTOCOL TOKEN - UNI/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 6.32 | 6.49 | 6.67 | 6.81 | 7.52 | 14.56 | 31.36 |
| Change (%) | -7.20% | -4.70% | -2.06% | - | +10.43% | +113.80% | +360.50% |
| Change | -0.49 | -0.32 | -0.14 | - | +0.71 | +7.75 | +24.55 |
| Level | Intermediate | Minor | Minor | - | 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 | 5.94 | 6.23 | 6.53 | 6.82 | 7.12 | 7.41 | 7.71 |
| Camarilla | 6.67 | 6.72 | 6.78 | 6.83 | 6.88 | 6.94 | 6.99 |
| Woodie | 5.95 | 6.23 | 6.54 | 6.82 | 7.13 | 7.41 | 7.72 |
| Fibonacci | 6.23 | 6.46 | 6.60 | 6.82 | 7.05 | 7.19 | 7.41 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.91 | 5.40 | 6.12 | 6.61 | 7.33 | 7.82 | 8.54 |
| Camarilla | 6.50 | 6.61 | 6.72 | 6.83 | 6.94 | 7.05 | 7.16 |
| Woodie | 5.02 | 5.46 | 6.23 | 6.67 | 7.44 | 7.88 | 8.65 |
| Fibonacci | 5.40 | 5.87 | 6.15 | 6.61 | 7.08 | 7.36 | 7.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.87 | 2.94 | 4.45 | 5.52 | 7.03 | 8.10 | 9.61 |
| Camarilla | 5.24 | 5.48 | 5.71 | 5.95 | 6.19 | 6.42 | 6.66 |
| Woodie | 2.08 | 3.05 | 4.66 | 5.63 | 7.24 | 8.21 | 9.82 |
| Fibonacci | 2.94 | 3.93 | 4.54 | 5.52 | 6.51 | 7.12 | 8.10 |
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): | 62.01 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | 17.06 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 6.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.65 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 6.61 | |
| Zig ZAG (10): | 6.85 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 48.08 | |
| TEMA (21): | 6.85 | |
| Williams %R (14): | -46.15 | |
| Chande Momentum Oscillator (20): | 0.13 | |
| Repulse (5,40,3): | 0.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 3.78 |
| MA7: | 6.41 | |
| MA20: | 6.09 | |
| MA50: | 5.33 | |
| MA100: | 4.80 | |
| MAexp7: | 6.82 | |
| MAexp20: | 6.73 | |
| MAexp50: | 6.58 | |
| MAexp100: | 6.43 | |
| Price / MA7: | +6.24% | |
| Price / MA20: | +11.82% | |
| Price / MA50: | +27.77% | |
| Price / MA100: | +41.88% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | +1.19% | |
| Price / MAexp50: | +3.50% | |
| Price / MAexp100: | +5.91% |
Quotes :
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Real time data
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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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