UNISWAP PROTOCOL TOKEN - UNI/USD - Daily - Technical analysis published on 10/06/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 22.35 USD
My targets
28.79 USD (+12.11%)
31.36 USD (+22.12%)
My analysis
A bullish trend on UNISWAP PROTOCOL TOKEN - UNI/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 22.35 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 28.79 USD. Then the price could move towards 31.36 USD. Then 37.83 USD by extension. Be careful, a return below 22.35 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
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
5.2
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This analysis was given by alphakarl. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UNISWAP PROTOCOL TOKEN - UNI/USD rating 25.68 USD. The price has increased by +0.12% since the last closing and was traded between 23.82 USD and 26.04 USD over the period. The price is currently at +7.81% from its lowest and -1.38% from its highest.23.82
26.04
25.68
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of UNISWAP PROTOCOL TOKEN - UNI/USD in Daily shows an overall bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of 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 50
Type : Bullish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
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 : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 15.82 | 18.99 | 22.35 | 25.68 | 28.79 | 31.36 | 37.83 |
Change (%) | -38.40% | -26.05% | -12.97% | - | +12.11% | +22.12% | +47.31% |
Change | -9.86 | -6.69 | -3.33 | - | +3.11 | +5.68 | +12.15 |
Level | Minor | Minor | Major | - | 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 | 23.58 | 24.08 | 24.87 | 25.37 | 26.16 | 26.66 | 27.45 |
Camarilla | 25.30 | 25.41 | 25.53 | 25.65 | 25.77 | 25.89 | 26.01 |
Woodie | 23.72 | 24.15 | 25.01 | 25.44 | 26.30 | 26.73 | 27.59 |
Fibonacci | 24.08 | 24.58 | 24.88 | 25.37 | 25.87 | 26.17 | 26.66 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 10.74 | 14.26 | 20.20 | 23.72 | 29.66 | 33.18 | 39.12 |
Camarilla | 23.55 | 24.42 | 25.28 | 26.15 | 27.02 | 27.88 | 28.75 |
Woodie | 11.96 | 14.87 | 21.42 | 24.33 | 30.88 | 33.79 | 40.34 |
Fibonacci | 14.26 | 17.87 | 20.10 | 23.72 | 27.33 | 29.56 | 33.18 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.46 | 10.62 | 17.07 | 24.23 | 30.68 | 37.84 | 44.29 |
Camarilla | 19.79 | 21.04 | 22.28 | 23.53 | 24.78 | 26.03 | 27.27 |
Woodie | 3.12 | 10.44 | 16.73 | 24.05 | 30.34 | 37.66 | 43.95 |
Fibonacci | 10.62 | 15.82 | 19.03 | 24.23 | 29.43 | 32.64 | 37.84 |
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): | 54.98 | |
MACD (12,26,9): | 0.2800 | |
Directional Movement: | -0.69 | |
AROON (14): | 42.86 | |
DEMA (21): | 24.38 | |
Parabolic SAR (0,02-0,02-0,2): | 20.81 | |
Elder Ray (13): | 0.39 | |
Super Trend (3,10): | 26.48 | |
Zig ZAG (10): | 25.71 | |
VORTEX (21): | 0.9800 | |
Stochastique (14,3,5): | 82.52 | |
TEMA (21): | 25.13 | |
Williams %R (14): | -15.86 | |
Chande Momentum Oscillator (20): | 6.06 | |
Repulse (5,40,3): | 7.3000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.2300 | |
Courbe Coppock: | 33.93 |
MA7: | 25.44 | |
MA20: | 23.27 | |
MA50: | 25.38 | |
MA100: | 23.47 | |
MAexp7: | 25.17 | |
MAexp20: | 24.32 | |
MAexp50: | 24.47 | |
MAexp100: | 24.53 | |
Price / MA7: | +0.94% | |
Price / MA20: | +10.36% | |
Price / MA50: | +1.18% | |
Price / MA100: | +9.42% | |
Price / MAexp7: | +2.03% | |
Price / MAexp20: | +5.59% | |
Price / MAexp50: | +4.94% | |
Price / MAexp100: | +4.69% |
Quotes :
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Real time data
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About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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