UNISWAP - UNI/USDT - Daily - Technical analysis published on 10/29/2022 (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
83%
0%
17%
My opinion
Bullish above 6.60 USDT
My targets
7.99 USDT (+12.49%)
8.44 USDT (+18.87%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UNISWAP PROTOCOL TOKEN - UNI/USDT as long as the price remains well above 6.60 USDT. The buyers' bullish objective is set at 7.99 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.44 USDT. If there is any crossing, the next objective would be the resistance located at 9.28 USDT.
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 7.10 USDT. On the day, this instrument gained +3.65% with the lowest point at 6.71 USDT and the highest point at 7.22 USDT. The deviation from the price is +5.81% for the low point and -1.66% for the high point.6.71
7.22
7.10
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
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
Technical analysis of this Daily chart of UNISWAP PROTOCOL TOKEN - UNI/USDT indicates that the overall trend is bullish. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.67 | 5.31 | 6.60 | 7.10 | 8.44 | 9.28 | 9.77 |
| Change (%) | -34.23% | -25.21% | -7.04% | - | +18.87% | +30.70% | +37.61% |
| Change | -2.43 | -1.79 | -0.50 | - | +1.34 | +2.18 | +2.67 |
| Level | Minor | Minor | Major | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.13 | 6.32 | 6.59 | 6.78 | 7.05 | 7.24 | 7.51 |
| Camarilla | 6.72 | 6.77 | 6.81 | 6.85 | 6.89 | 6.93 | 6.98 |
| Woodie | 6.16 | 6.34 | 6.62 | 6.80 | 7.08 | 7.26 | 7.54 |
| Fibonacci | 6.32 | 6.50 | 6.61 | 6.78 | 6.96 | 7.07 | 7.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.76 | 5.30 | 5.69 | 6.23 | 6.62 | 7.16 | 7.55 |
| Camarilla | 5.83 | 5.92 | 6.01 | 6.09 | 6.18 | 6.26 | 6.35 |
| Woodie | 4.70 | 5.26 | 5.63 | 6.19 | 6.56 | 7.12 | 7.49 |
| Fibonacci | 5.30 | 5.65 | 5.87 | 6.23 | 6.58 | 6.80 | 7.16 |
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): | 63.54 | |
| MACD (12,26,9): | 0.1300 | |
| Directional Movement: | 11.36 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 6.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.92 | |
| Elder Ray (13): | 0.41 | |
| Super Trend (3,10): | 5.72 | |
| Zig ZAG (10): | 7.06 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 77.52 | |
| TEMA (21): | 6.74 | |
| Williams %R (14): | -13.58 | |
| Chande Momentum Oscillator (20): | 0.64 | |
| Repulse (5,40,3): | 5.5400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 12.82 |
| MA7: | 6.63 | |
| MA20: | 6.36 | |
| MA50: | 6.26 | |
| MA100: | 6.89 | |
| MAexp7: | 6.70 | |
| MAexp20: | 6.48 | |
| MAexp50: | 6.44 | |
| MAexp100: | 6.58 | |
| Price / MA7: | +7.09% | |
| Price / MA20: | +11.64% | |
| Price / MA50: | +13.42% | |
| Price / MA100: | +3.05% | |
| Price / MAexp7: | +5.97% | |
| Price / MAexp20: | +9.57% | |
| Price / MAexp50: | +10.25% | |
| Price / MAexp100: | +7.90% |
Quotes :
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Real time data
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Cryptocompare
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