UNISWAP - UNI/USDT
UNISWAP - UNI/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: UNIUSDT
ISIN:

UNISWAP - UNI/USDT - Weekly - Technical analysis published on 10/06/2022 (GMT)

  • 140
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • 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

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 finacian. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

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.

Central Gaps

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:
The Central Records scanner for higher/lower results shows an item:

Central Records

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:

Central Indicators

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:

Central Indicators

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


S1PriceR1R2R3
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
Standard6.226.356.576.706.927.057.27
Camarilla6.706.746.776.806.836.866.90
Woodie6.286.376.636.726.987.077.33
Fibonacci6.356.486.566.706.836.917.05


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.565.055.736.226.907.398.07
Camarilla6.086.196.296.406.516.626.72
Woodie4.655.105.826.276.997.448.16
Fibonacci5.055.505.786.226.676.957.39


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.624.395.426.197.227.999.02
Camarilla5.976.136.306.466.636.796.96
Woodie3.764.465.566.267.368.069.16
Fibonacci4.395.075.506.196.877.307.99

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 : - Real time data - Cryptocompare

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

About author

Online

Overall rating :
15830
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis UNISWAP - UNI/USDT - Weekly