UNISWAP - UNI/USD - 1H - Technical analysis published on 04/27/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
50%
0%
50%
My opinion
Bullish above 37.83 USD
My targets
41.32 USD (+7.64%)
42.81 USD (+11.51%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 37.83 USD remains possible. It is advisable to trade UNISWAP PROTOCOL TOKEN - UNI/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 37.83 USD. The next bullish objective for buyers is set at 41.32 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 42.81 USD. If there is any crossing, the next objective would be the resistance located at 47.19 USD. PS: if there is a bearish break in the support located at 37.83 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
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
4.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USD rating is 38.39 USD. On the day, this instrument gained +0.58% and was between 37.41 USD and 40.57 USD. This implies that the price is at +2.62% from its lowest and at -5.37% from its highest.37.41
40.57
38.39
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of UNISWAP PROTOCOL TOKEN - UNI/USD in 1H shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 34.24 | 36.85 | 37.83 | 38.39 |
| Change (%) | -10.81% | -4.01% | -1.46% | - |
| Change | -4.15 | -1.54 | -0.56 | - |
| Level | Major | Minor | Major | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.31 | 32.76 | 35.46 | 36.91 | 39.61 | 41.06 | 43.76 |
| Camarilla | 37.03 | 37.41 | 37.79 | 38.17 | 38.55 | 38.93 | 39.31 |
| Woodie | 31.95 | 33.07 | 36.10 | 37.22 | 40.25 | 41.37 | 44.40 |
| Fibonacci | 32.76 | 34.34 | 35.32 | 36.91 | 38.49 | 39.47 | 41.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.09 | 21.41 | 25.79 | 32.11 | 36.49 | 42.81 | 47.19 |
| Camarilla | 27.24 | 28.22 | 29.20 | 30.18 | 31.16 | 32.14 | 33.12 |
| Woodie | 14.13 | 20.93 | 24.83 | 31.63 | 35.53 | 42.33 | 46.23 |
| Fibonacci | 21.41 | 25.49 | 28.02 | 32.11 | 36.19 | 38.72 | 42.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.37 | 19.00 | 23.53 | 30.16 | 34.69 | 41.32 | 45.85 |
| Camarilla | 24.98 | 26.00 | 27.03 | 28.05 | 29.07 | 30.10 | 31.12 |
| Woodie | 11.31 | 18.48 | 22.47 | 29.64 | 33.63 | 40.80 | 44.79 |
| Fibonacci | 19.00 | 23.27 | 25.90 | 30.16 | 34.43 | 37.06 | 41.32 |
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): | 52.98 | |
| MACD (12,26,9): | 0.8900 | |
| Directional Movement: | 0.61 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 39.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 40.47 | |
| Elder Ray (13): | -0.35 | |
| Super Trend (3,10): | 37.82 | |
| Zig ZAG (10): | 38.39 | |
| VORTEX (21): | 1.2500 | |
| Stochastique (14,3,5): | 88.76 | |
| TEMA (21): | 40.37 | |
| Williams %R (14): | -6.01 | |
| Chande Momentum Oscillator (20): | 2.22 | |
| Repulse (5,40,3): | 1.4600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4400 | |
| Courbe Coppock: | 15.19 |
| MA7: | 34.78 | |
| MA20: | 33.65 | |
| MA50: | 31.59 | |
| MA100: | 25.95 | |
| MAexp7: | 39.74 | |
| MAexp20: | 38.57 | |
| MAexp50: | 36.80 | |
| MAexp100: | 35.29 | |
| Price / MA7: | +10.38% | |
| Price / MA20: | +14.09% | |
| Price / MA50: | +21.53% | |
| Price / MA100: | +47.94% | |
| Price / MAexp7: | -3.40% | |
| Price / MAexp20: | -0.47% | |
| Price / MAexp50: | +4.32% | |
| Price / MAexp100: | +8.78% |
Quotes :
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Real time data
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