UNISWAP PROTOCOL TOKEN - UNI/USDT - 1H - Technical analysis published on 09/30/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 6.36 USDT
My targets
6.67 USDT (+2.62%)
7.08 USDT (+8.97%)
My analysis
UNISWAP PROTOCOL TOKEN - UNI/USDT 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 6.36 USDT. The next resistance located at 6.67 USDT 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 7.08 USDT. After this resistance, buyers could then target 8.44 USDT. 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
8.8
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Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USDT price is 6.50 USDT. The price has increased by +1.88% since the last closing and was between 6.28 USDT and 6.72 USDT. This implies that the price is at +3.50% from its lowest and at -3.27% from its highest.6.28
6.72
6.50
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by UNISWAP PROTOCOL TOKEN - UNI/USDT:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of UNISWAP PROTOCOL TOKEN - UNI/USDT in 1H shows a strongly overall 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.14 | 6.36 | 6.48 | 6.50 | 6.67 | 8.44 | 9.28 |
| Change (%) | -5.54% | -2.15% | -0.31% | - | +2.62% | +29.85% | +42.77% |
| Change | -0.36 | -0.14 | -0.02 | - | +0.17 | +1.94 | +2.78 |
| Level | Intermediate | Minor | Minor | - | Major | 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 | 5.73 | 5.93 | 6.16 | 6.36 | 6.59 | 6.79 | 7.02 |
| Camarilla | 6.26 | 6.30 | 6.34 | 6.38 | 6.42 | 6.46 | 6.50 |
| Woodie | 5.74 | 5.94 | 6.17 | 6.37 | 6.60 | 6.80 | 7.03 |
| Fibonacci | 5.93 | 6.10 | 6.20 | 6.36 | 6.53 | 6.63 | 6.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.38 | 4.77 | 5.28 | 5.67 | 6.18 | 6.57 | 7.08 |
| Camarilla | 5.55 | 5.64 | 5.72 | 5.80 | 5.88 | 5.97 | 6.05 |
| Woodie | 4.45 | 4.80 | 5.35 | 5.70 | 6.25 | 6.60 | 7.15 |
| Fibonacci | 4.77 | 5.11 | 5.32 | 5.67 | 6.01 | 6.22 | 6.57 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.78 | 3.24 | 4.69 | 7.15 | 8.60 | 11.06 | 12.51 |
| Camarilla | 5.07 | 5.42 | 5.78 | 6.14 | 6.50 | 6.86 | 7.22 |
| Woodie | 0.28 | 2.99 | 4.19 | 6.90 | 8.10 | 10.81 | 12.01 |
| Fibonacci | 3.24 | 4.73 | 5.66 | 7.15 | 8.64 | 9.57 | 11.06 |
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): | 57.64 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 12.40 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 6.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.36 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 6.26 | |
| Zig ZAG (10): | 6.52 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 49.81 | |
| TEMA (21): | 6.49 | |
| Williams %R (14): | -45.39 | |
| Chande Momentum Oscillator (20): | 0.21 | |
| Repulse (5,40,3): | 0.7600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 4.62 |
| MA7: | 6.17 | |
| MA20: | 5.98 | |
| MA50: | 6.56 | |
| MA100: | 6.75 | |
| MAexp7: | 6.47 | |
| MAexp20: | 6.42 | |
| MAexp50: | 6.37 | |
| MAexp100: | 6.27 | |
| Price / MA7: | +5.35% | |
| Price / MA20: | +8.70% | |
| Price / MA50: | -0.91% | |
| Price / MA100: | -3.70% | |
| Price / MAexp7: | +0.46% | |
| Price / MAexp20: | +1.25% | |
| Price / MAexp50: | +2.04% | |
| Price / MAexp100: | +3.67% |
Quotes :
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Real time data
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