UNISWAP PROTOCOL TOKEN - UNI/USD - 1H - Technical analysis published on 11/01/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 25.66 USD
My targets
26.37 USD (+1.15%)
27.13 USD (+4.07%)
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 25.66 USD. The buyers' bullish objective is set at 26.37 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 27.13 USD. If there is any crossing, the next objective would be the resistance located at 28.31 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, 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
7.9
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This analysis was given by alphakarl. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USD price is 26.07 USD. The price has increased by +4.28% since the last closing and was between 24.18 USD and 26.47 USD. This implies that the price is at +7.82% from its lowest and at -1.51% from its highest.24.18
26.47
26.07
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of UNISWAP PROTOCOL TOKEN - UNI/USD in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 24.41 | 25.29 | 25.66 | 26.07 | 26.37 | 27.13 | 28.31 |
| Change (%) | -6.37% | -2.99% | -1.57% | - | +1.15% | +4.07% | +8.59% |
| Change | -1.66 | -0.78 | -0.41 | - | +0.30 | +1.06 | +2.24 |
| Level | Minor | Major | Intermediate | - | Minor | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 23.01 | 23.52 | 24.26 | 24.77 | 25.51 | 26.02 | 26.76 |
| Camarilla | 24.66 | 24.77 | 24.89 | 25.00 | 25.12 | 25.23 | 25.34 |
| Woodie | 23.13 | 23.58 | 24.38 | 24.83 | 25.63 | 26.08 | 26.88 |
| Fibonacci | 23.52 | 24.00 | 24.29 | 24.77 | 25.25 | 25.54 | 26.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.19 | 20.89 | 22.90 | 25.60 | 27.61 | 30.31 | 32.32 |
| Camarilla | 23.61 | 24.04 | 24.47 | 24.90 | 25.33 | 25.76 | 26.20 |
| Woodie | 17.84 | 20.72 | 22.55 | 25.43 | 27.26 | 30.14 | 31.97 |
| Fibonacci | 20.89 | 22.69 | 23.80 | 25.60 | 27.40 | 28.51 | 30.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.12 | 19.22 | 22.11 | 25.21 | 28.10 | 31.20 | 34.09 |
| Camarilla | 23.35 | 23.90 | 24.45 | 25.00 | 25.55 | 26.10 | 26.65 |
| Woodie | 16.02 | 19.17 | 22.01 | 25.16 | 28.00 | 31.15 | 33.99 |
| Fibonacci | 19.22 | 21.51 | 22.92 | 25.21 | 27.50 | 28.91 | 31.20 |
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): | 58.61 | |
| MACD (12,26,9): | 0.2500 | |
| Directional Movement: | 18.34 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 25.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.43 | |
| Elder Ray (13): | 0.28 | |
| Super Trend (3,10): | 24.97 | |
| Zig ZAG (10): | 25.65 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 64.74 | |
| TEMA (21): | 25.80 | |
| Williams %R (14): | -44.32 | |
| Chande Momentum Oscillator (20): | 0.77 | |
| Repulse (5,40,3): | -0.7900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 6.60 |
| MA7: | 25.25 | |
| MA20: | 25.82 | |
| MA50: | 24.61 | |
| MA100: | 25.26 | |
| MAexp7: | 25.63 | |
| MAexp20: | 25.32 | |
| MAexp50: | 25.10 | |
| MAexp100: | 25.15 | |
| Price / MA7: | +3.25% | |
| Price / MA20: | +0.97% | |
| Price / MA50: | +5.93% | |
| Price / MA100: | +3.21% | |
| Price / MAexp7: | +1.72% | |
| Price / MAexp20: | +2.96% | |
| Price / MAexp50: | +3.86% | |
| Price / MAexp100: | +3.66% |
Quotes :
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Real time data
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