UNISWAP - UNI/USDT - 1H - Technical analysis published on 10/06/2022 (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
56%
6%
39%
My opinion
Bullish above 6.85 USDT
My targets
7.39 USDT (+6.37%)
8.07 USDT (+16.07%)
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 6.85 USDT. The next resistance located at 7.39 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 8.07 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
7.7
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Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USDT rating is 6.95 USDT. The price registered an increase of +2.21% on the session and was between 6.81 USDT and 7.00 USDT. This implies that the price is at +2.06% from its lowest and at -0.71% from its highest.6.81
7.00
6.95
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
A study of price movements over other periods shows the following variations:
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. 92.86% 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 technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.48 | 6.67 | 6.85 | 6.95 | 8.44 | 9.28 | 11.87 |
| Change (%) | -6.76% | -4.03% | -1.44% | - | +21.44% | +33.53% | +70.79% |
| Change | -0.47 | -0.28 | -0.10 | - | +1.49 | +2.33 | +4.92 |
| Level | Intermediate | Major | Intermediate | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation 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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 61.55 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 9.32 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 6.90 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.99 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 6.76 | |
| Zig ZAG (10): | 6.92 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 65.04 | |
| TEMA (21): | 6.95 | |
| Williams %R (14): | -22.61 | |
| Chande Momentum Oscillator (20): | 0.19 | |
| Repulse (5,40,3): | 0.9700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 7.45 |
| MA7: | 6.59 | |
| MA20: | 6.10 | |
| MA50: | 6.32 | |
| MA100: | 6.82 | |
| MAexp7: | 6.90 | |
| MAexp20: | 6.82 | |
| MAexp50: | 6.72 | |
| MAexp100: | 6.62 | |
| Price / MA7: | +5.46% | |
| Price / MA20: | +13.93% | |
| Price / MA50: | +9.97% | |
| Price / MA100: | +1.91% | |
| Price / MAexp7: | +0.72% | |
| Price / MAexp20: | +1.91% | |
| Price / MAexp50: | +3.42% | |
| Price / MAexp100: | +4.98% |
Quotes :
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Real time data
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