UNISWAP - UNI/USD
UNISWAP - UNI/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: UNIUSD
ISIN:

UNISWAP - UNI/USD - Daily - Technical analysis published on 10/15/2021 (GMT)

  • 209
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
17%
11%
My opinion
Bullish above 24.23 USD
My targets
30.68 USD (+15.70%)
31.36 USD (+18.25%)
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/USD as long as the price remains well above 24.23 USD. The buyers' bullish objective is set at 30.68 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 31.36 USD. If there is any crossing, the next objective would be the resistance located at 37.83 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by alphakarl. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The UNISWAP PROTOCOL TOKEN - UNI/USD price is 26.52 USD. The price registered an increase of +0.34% on the session with the lowest point at 25.63 USD and the highest point at 26.84 USD. The deviation from the price is +3.47% for the low point and -1.19% for the high point.

25.63
26.84
26.52

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of UNISWAP PROTOCOL TOKEN - UNI/USD indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily


Resistance of triangle is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 18.99 22.35 26.18 26.52 31.36 37.83 43.17
Change (%) -28.39% -15.72% -1.28% - +18.25% +42.65% +62.78%
Change -7.53 -4.17 -0.34 - +4.84 +11.31 +16.65
Level Minor Major Intermediate - Intermediate 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
Standard23.2723.9225.1725.8227.0727.7228.97
Camarilla25.9126.0826.2626.4326.6026.7826.95
Woodie23.5824.0725.4825.9727.3827.8729.28
Fibonacci23.9224.6425.0925.8226.5426.9927.72


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.9722.4023.7725.2026.5728.0029.37
Camarilla24.3824.6424.8925.1525.4125.6625.92
Woodie20.9522.3923.7525.1926.5527.9929.35
Fibonacci22.4023.4724.1325.2026.2726.9328.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.4610.6217.0724.2330.6837.8444.29
Camarilla19.7921.0422.2823.5324.7826.0327.27
Woodie3.1210.4416.7324.0530.3437.6643.95
Fibonacci10.6215.8219.0324.2329.4332.6437.84

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): 58.23
MACD (12,26,9): 0.3600
Directional Movement: 2.44
AROON (14): -71.43
DEMA (21): 25.09
Parabolic SAR (0,02-0,02-0,2): 26.94
Elder Ray (13): 1.26
Super Trend (3,10): 20.52
Zig ZAG (10): 26.60
VORTEX (21): 1.1700
Stochastique (14,3,5): 71.62
TEMA (21): 25.63
Williams %R (14): -13.44
Chande Momentum Oscillator (20): 0.56
Repulse (5,40,3): 7.6700
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 11.08
MA7: 24.92
MA20: 24.75
MA50: 24.91
MA100: 23.92
MAexp7: 25.32
MAexp20: 24.75
MAexp50: 24.62
MAexp100: 24.65
Price / MA7: +6.42%
Price / MA20: +7.15%
Price / MA50: +6.46%
Price / MA100: +10.87%
Price / MAexp7: +4.74%
Price / MAexp20: +7.15%
Price / MAexp50: +7.72%
Price / MAexp100: +7.59%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
16033
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis UNISWAP - UNI/USD - Daily