UNISWAP PROTOCOL TOKEN - UNI/USD

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- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	UNIUSD
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UNISWAP PROTOCOL TOKEN - UNI/USD - 1H - Technical analysis published on 12/03/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 13.55 USD

My targets

14.55 USD (+4.08%)

15.41 USD (+10.23%)

My analysis

The basic bullish trend is very strong on UNISWAP PROTOCOL TOKEN - UNI/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 13.55 USD. Crossing the first resistance at 14.55 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 15.41 USD as an objective. Caution, a return to below 13.55 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.6

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

UNISWAP PROTOCOL TOKEN - UNI/USD rating 13.98 USD. On the day, this instrument lost -0.07% with the lowest point at 13.78 USD and the highest point at 14.65 USD. The deviation from the price is +1.45% for the low point and -4.57% for the high point.

13.78

14.65

13.98

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

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. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Black hanging man / hammer

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	11.98	12.46	13.55	13.98	14.55	15.41
Change (%)	-14.31%	-10.87%	-3.08%	-	+4.08%	+10.23%
Change	-2.00	-1.52	-0.43	-	+0.57	+1.43
Level	Major	Major	Major	-	Intermediate	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	10.68	11.56	12.78	13.66	14.88	15.76	16.98
Camarilla	13.41	13.61	13.80	13.99	14.18	14.38	14.57
Woodie	10.84	11.65	12.94	13.75	15.04	15.85	17.14
Fibonacci	11.56	12.37	12.86	13.66	14.47	14.96	15.76

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.94	8.53	10.66	12.25	14.38	15.97	18.10
Camarilla	11.77	12.11	12.45	12.79	13.13	13.47	13.81
Woodie	7.21	8.67	10.93	12.39	14.65	16.11	18.37
Fibonacci	8.53	9.95	10.83	12.25	13.67	14.55	15.97

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.11	3.86	8.33	11.08	15.55	18.30	22.77
Camarilla	10.81	11.47	12.13	12.79	13.45	14.11	14.78
Woodie	1.96	4.29	9.18	11.51	16.40	18.73	23.62
Fibonacci	3.86	6.62	8.33	11.08	13.84	15.55	18.30

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	58.50
MACD (12,26,9):	0.2400
Directional Movement:	8.28
AROON (14):	85.71
DEMA (21):	14.26
Parabolic SAR (0,02-0,02-0,2):	13.21
Elder Ray (13):	0.12
Super Trend (3,10):	13.50
Zig ZAG (10):	14.14
VORTEX (21):	1.1800
Stochastique (14,3,5):	65.54
TEMA (21):	14.30
Williams %R (14):	-56.00
Chande Momentum Oscillator (20):	0.24
Repulse (5,40,3):	-1.7200
ROCnROLL:	1
TRIX (15,9):	0.2500
Courbe Coppock:	4.27

MA7:	13.26
MA20:	10.89
MA50:	9.14
MA100:	7.96
MAexp7:	14.15
MAexp20:	13.94
MAexp50:	13.57
MAexp100:	13.19
Price / MA7:	+5.43%
Price / MA20:	+28.37%
Price / MA50:	+52.95%
Price / MA100:	+75.63%
Price / MAexp7:	-1.20%
Price / MAexp20:	+0.29%
Price / MAexp50:	+3.02%
Price / MAexp100:	+5.99%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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