UNISWAP - UNI/USDT - 1H - Technical analysis published on 10/07/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
11%
33%
56%
My opinion
Bullish above 6.85 USDT
My targets
7.00 USDT (+1.16%)
7.38 USDT (+6.65%)
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 above the support located at 6.85 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 7.00 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 7.38 USDT as an objective. Crossing it would then enable buyers to target 8.44 USDT. If the support 6.85 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.2
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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 6.92 USDT. On the day, this instrument gained +0.73% and was between 6.87 USDT and 7.08 USDT. This implies that the price is at +0.73% from its lowest and at -2.26% from its highest.6.87
7.08
6.92
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this UNISWAP PROTOCOL TOKEN - UNI/USDT chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 2 are bullish, 10 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.48 | 6.67 | 6.85 | 6.92 | 7.00 | 7.38 | 8.44 |
| Change (%) | -6.36% | -3.61% | -1.01% | - | +1.16% | +6.65% | +21.97% |
| Change | -0.44 | -0.25 | -0.07 | - | +0.08 | +0.46 | +1.52 |
| Level | Intermediate | Major | Minor | - | 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 | 6.51 | 6.64 | 6.75 | 6.88 | 6.99 | 7.12 | 7.23 |
| Camarilla | 6.80 | 6.83 | 6.85 | 6.87 | 6.89 | 6.91 | 6.94 |
| Woodie | 6.51 | 6.64 | 6.75 | 6.88 | 6.99 | 7.12 | 7.23 |
| Fibonacci | 6.64 | 6.73 | 6.79 | 6.88 | 6.97 | 7.03 | 7.12 |
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): | 49.92 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 1.68 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 6.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.07 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 6.81 | |
| Zig ZAG (10): | 6.90 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 31.38 | |
| TEMA (21): | 6.95 | |
| Williams %R (14): | -74.54 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | -0.4900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 1.55 |
| MA7: | 6.65 | |
| MA20: | 6.15 | |
| MA50: | 6.31 | |
| MA100: | 6.83 | |
| MAexp7: | 6.94 | |
| MAexp20: | 6.92 | |
| MAexp50: | 6.84 | |
| MAexp100: | 6.74 | |
| Price / MA7: | +4.06% | |
| Price / MA20: | +12.52% | |
| Price / MA50: | +9.67% | |
| Price / MA100: | +1.32% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +1.17% | |
| Price / MAexp100: | +2.67% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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