UNISWAP - UNI/USD - 1H - Technical analysis published on 10/23/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 26.18 USD
My targets
26.83 USD (+0.68%)
27.95 USD (+4.88%)
My analysis
UNISWAP PROTOCOL TOKEN - UNI/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 26.18 USD. The next resistance located at 26.83 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 27.95 USD. After this resistance, buyers could then target 31.37 USD.
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
6.3
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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 26.65 USD. On the day, this instrument gained +4.02% and was between 25.27 USD and 26.76 USD. This implies that the price is at +5.46% from its lowest and at -0.41% from its highest.25.27
26.76
26.65
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this UNISWAP PROTOCOL TOKEN - UNI/USD chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
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
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 25.38 | 25.83 | 26.18 | 26.65 | 26.83 | 27.95 | 31.37 |
| Change (%) | -4.77% | -3.08% | -1.76% | - | +0.68% | +4.88% | +17.71% |
| Change | -1.27 | -0.82 | -0.47 | - | +0.18 | +1.30 | +4.72 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.51 | 24.41 | 25.02 | 25.92 | 26.53 | 27.43 | 28.04 |
| Camarilla | 25.21 | 25.34 | 25.48 | 25.62 | 25.76 | 25.90 | 26.04 |
| Woodie | 23.36 | 24.34 | 24.87 | 25.85 | 26.38 | 27.36 | 27.89 |
| Fibonacci | 24.41 | 24.99 | 25.35 | 25.92 | 26.50 | 26.86 | 27.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.95 | 20.14 | 23.58 | 25.77 | 29.21 | 31.40 | 34.84 |
| Camarilla | 25.48 | 26.00 | 26.51 | 27.03 | 27.55 | 28.06 | 28.58 |
| Woodie | 18.59 | 20.45 | 24.22 | 26.08 | 29.85 | 31.71 | 35.48 |
| Fibonacci | 20.14 | 22.29 | 23.62 | 25.77 | 27.92 | 29.25 | 31.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.90 | 11.34 | 17.43 | 23.87 | 29.96 | 36.40 | 42.49 |
| Camarilla | 20.08 | 21.23 | 22.38 | 23.53 | 24.68 | 25.83 | 26.98 |
| Woodie | 4.74 | 11.25 | 17.27 | 23.78 | 29.80 | 36.31 | 42.33 |
| Fibonacci | 11.34 | 16.12 | 19.08 | 23.87 | 28.65 | 31.61 | 36.40 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 64.89 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | 11.68 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 26.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.44 | |
| Elder Ray (13): | 0.56 | |
| Super Trend (3,10): | 25.76 | |
| Zig ZAG (10): | 26.65 | |
| VORTEX (21): | 1.2600 | |
| Stochastique (14,3,5): | 94.32 | |
| TEMA (21): | 26.40 | |
| Williams %R (14): | -5.37 | |
| Chande Momentum Oscillator (20): | 0.91 | |
| Repulse (5,40,3): | 1.4800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 3.74 |
| MA7: | 26.15 | |
| MA20: | 25.52 | |
| MA50: | 24.55 | |
| MA100: | 24.46 | |
| MAexp7: | 26.23 | |
| MAexp20: | 25.99 | |
| MAexp50: | 26.06 | |
| MAexp100: | 26.12 | |
| Price / MA7: | +1.91% | |
| Price / MA20: | +4.43% | |
| Price / MA50: | +8.55% | |
| Price / MA100: | +8.95% | |
| Price / MAexp7: | +1.60% | |
| Price / MAexp20: | +2.54% | |
| Price / MAexp50: | +2.26% | |
| Price / MAexp100: | +2.03% |
Quotes :
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Real time data
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