UNISWAP - UNI/USDT - 1H - Technical analysis published on 10/03/2022 (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
94%
0%
6%
My opinion
Bullish above 6.67 USDT
My targets
6.90 USDT (+2.48%)
7.39 USDT (+9.85%)
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 6.67 USDT. The next resistance located at 6.90 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 7.39 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.
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
0
10
8.8
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UNISWAP PROTOCOL TOKEN - UNI/USDT rating 6.73 USDT. On the day, this instrument gained +7.51% with the lowest point at 6.19 USDT and the highest point at 6.73 USDT. The deviation from the price is +8.72% for the low point and 0% for the high point.6.19
6.73
6.73
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
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 strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.28 | 6.48 | 6.67 | 6.73 | 8.44 | 9.28 | 11.87 |
| Change (%) | -6.69% | -3.71% | -0.89% | - | +25.41% | +37.89% | +76.37% |
| Change | -0.45 | -0.25 | -0.06 | - | +1.71 | +2.55 | +5.14 |
| Level | Intermediate | Minor | Major | - | Minor | Intermediate | Minor |
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 | 5.77 | 5.97 | 6.12 | 6.32 | 6.47 | 6.67 | 6.82 |
| Camarilla | 6.16 | 6.20 | 6.23 | 6.26 | 6.29 | 6.32 | 6.36 |
| Woodie | 5.74 | 5.96 | 6.09 | 6.31 | 6.44 | 6.66 | 6.79 |
| Fibonacci | 5.97 | 6.11 | 6.19 | 6.32 | 6.46 | 6.54 | 6.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.56 | 5.05 | 5.73 | 6.22 | 6.90 | 7.39 | 8.07 |
| Camarilla | 6.08 | 6.19 | 6.29 | 6.40 | 6.51 | 6.62 | 6.72 |
| Woodie | 4.65 | 5.10 | 5.82 | 6.27 | 6.99 | 7.44 | 8.16 |
| Fibonacci | 5.05 | 5.50 | 5.78 | 6.22 | 6.67 | 6.95 | 7.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.62 | 4.39 | 5.42 | 6.19 | 7.22 | 7.99 | 9.02 |
| Camarilla | 5.97 | 6.13 | 6.30 | 6.46 | 6.63 | 6.79 | 6.96 |
| Woodie | 3.76 | 4.46 | 5.56 | 6.26 | 7.36 | 8.06 | 9.16 |
| Fibonacci | 4.39 | 5.07 | 5.50 | 6.19 | 6.87 | 7.30 | 7.99 |
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): | 71.74 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 21.47 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 6.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.42 | |
| Elder Ray (13): | 0.17 | |
| Super Trend (3,10): | 6.45 | |
| Zig ZAG (10): | 6.69 | |
| VORTEX (21): | 1.2800 | |
| Stochastique (14,3,5): | 94.93 | |
| TEMA (21): | 6.61 | |
| Williams %R (14): | -3.04 | |
| Chande Momentum Oscillator (20): | 0.27 | |
| Repulse (5,40,3): | 3.3200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 5.43 |
| MA7: | 6.45 | |
| MA20: | 5.98 | |
| MA50: | 6.41 | |
| MA100: | 6.77 | |
| MAexp7: | 6.57 | |
| MAexp20: | 6.47 | |
| MAexp50: | 6.41 | |
| MAexp100: | 6.38 | |
| Price / MA7: | +4.34% | |
| Price / MA20: | +12.54% | |
| Price / MA50: | +4.99% | |
| Price / MA100: | -0.59% | |
| Price / MAexp7: | +2.44% | |
| Price / MAexp20: | +4.02% | |
| Price / MAexp50: | +4.99% | |
| Price / MAexp100: | +5.49% |
Quotes :
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Real time data
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