UNISWAP - UNI/USDT - Weekly - Technical analysis published on 10/06/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 7.99 USDT
My targets
5.42 USDT (-20.95%)
3.65 USDT (-46.79%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on UNISWAP PROTOCOL TOKEN - UNI/USDT. As long as you are under the resistance located at 7.99 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 5.42 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 3.65 USDT as an objective. If the resistance 7.99 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.9
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Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USDT price is 6.86 USDT. The price is up +6.14% over 5 days and has been traded over the last 5 days between 6.18 USDT and 7.00 USDT. This implies that the 5 day price is +10.97% from its lowest point and -2.00% from its highest point.6.18
7.00
6.86
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Weekly of this UNISWAP PROTOCOL TOKEN - UNI/USDT chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Weekly
On the 18 technical indicators analysed, 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 3.65 | 6.86 | 9.28 | 14.48 | 31.34 |
Change (%) | -46.79% | - | +35.28% | +111.08% | +356.85% |
Change | -3.21 | - | +2.42 | +7.62 | +24.48 |
Level | Major | - | Intermediate | Minor | 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 | 6.22 | 6.35 | 6.57 | 6.70 | 6.92 | 7.05 | 7.27 |
Camarilla | 6.70 | 6.74 | 6.77 | 6.80 | 6.83 | 6.86 | 6.90 |
Woodie | 6.28 | 6.37 | 6.63 | 6.72 | 6.98 | 7.07 | 7.33 |
Fibonacci | 6.35 | 6.48 | 6.56 | 6.70 | 6.83 | 6.91 | 7.05 |
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): | 46.34 | |
MACD (12,26,9): | -1.0100 | |
Directional Movement: | -2.95 | |
AROON (14): | 28.57 | |
DEMA (21): | 5.36 | |
Parabolic SAR (0,02-0,02-0,2): | 8.98 | |
Elder Ray (13): | -0.01 | |
Super Trend (3,10): | 9.92 | |
Zig ZAG (10): | 6.90 | |
VORTEX (21): | 1.0800 | |
Stochastique (14,3,5): | 35.29 | |
TEMA (21): | 6.40 | |
Williams %R (14): | -57.46 | |
Chande Momentum Oscillator (20): | -0.05 | |
Repulse (5,40,3): | 10.7300 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -2.1700 | |
Courbe Coppock: | 42.30 |
MA7: | 6.58 | |
MA20: | 6.10 | |
MA50: | 6.32 | |
MA100: | 6.82 | |
MAexp7: | 6.45 | |
MAexp20: | 7.01 | |
MAexp50: | 9.89 | |
MAexp100: | 14.42 | |
Price / MA7: | +4.26% | |
Price / MA20: | +12.46% | |
Price / MA50: | +8.54% | |
Price / MA100: | +0.59% | |
Price / MAexp7: | +6.36% | |
Price / MAexp20: | -2.14% | |
Price / MAexp50: | -30.64% | |
Price / MAexp100: | -52.43% |
Quotes :
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Real time data
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