UNISWAP - UNI/USDT - Daily - Technical analysis published on 10/07/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 6.67 USDT
My targets
7.38 USDT (+6.80%)
8.44 USDT (+22.14%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on UNISWAP PROTOCOL TOKEN - UNI/USDT. This is a positive signal for buyers. As long as the price remains above 6.67 USDT, a purchase could be considered. The first bullish objective is located at 7.38 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 8.44 USDT as an objective. Crossing it would then enable buyers to target 9.28 USDT. In the event of a return below 6.67 USDT, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.3
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Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USDT price is 6.91 USDT. The price registered an increase of +0.58% on the session and was traded between 6.87 USDT and 7.08 USDT over the period. The price is currently at +0.58% from its lowest and -2.40% from its highest.6.87
7.08
6.91
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
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
Technical analysis of UNISWAP PROTOCOL TOKEN - UNI/USDT in Daily shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 17 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
White gravestone / inverted hammer
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.67 | 5.65 | 6.67 | 6.91 | 7.38 | 8.44 | 9.28 |
| Change (%) | -32.42% | -18.23% | -3.47% | - | +6.80% | +22.14% | +34.30% |
| Change | -2.24 | -1.26 | -0.24 | - | +0.47 | +1.53 | +2.37 |
| Level | Minor | Intermediate | Major | - | Minor | Minor | Intermediate |
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 | 6.51 | 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.34 | |
| MACD (12,26,9): | 0.1500 | |
| Directional Movement: | 9.05 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 6.52 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.83 | |
| Elder Ray (13): | 0.47 | |
| Super Trend (3,10): | 5.82 | |
| Zig ZAG (10): | 6.90 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 92.32 | |
| TEMA (21): | 6.82 | |
| Williams %R (14): | -10.48 | |
| Chande Momentum Oscillator (20): | 1.26 | |
| Repulse (5,40,3): | 2.2500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 35.73 |
| MA7: | 6.65 | |
| MA20: | 6.15 | |
| MA50: | 6.31 | |
| MA100: | 6.83 | |
| MAexp7: | 6.69 | |
| MAexp20: | 6.40 | |
| MAexp50: | 6.47 | |
| MAexp100: | 6.66 | |
| Price / MA7: | +3.91% | |
| Price / MA20: | +12.36% | |
| Price / MA50: | +9.51% | |
| Price / MA100: | +1.17% | |
| Price / MAexp7: | +3.29% | |
| Price / MAexp20: | +7.97% | |
| Price / MAexp50: | +6.80% | |
| Price / MAexp100: | +3.75% |
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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