UNISWAP - UNI/USD - Daily - Technical analysis published on 03/16/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 6.26 USD
My targets
5.30 USD (-10.47%)
4.99 USD (-15.71%)
My analysis
The bearish trend is currently very strong for UNISWAP PROTOCOL TOKEN - UNI/USD. As long as the price remains below the resistance at 6.26 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 5.30 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 4.99 USD as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.8
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USD price is 5.92 USD. The price registered a decrease of -0.17% on the session and was traded between 5.84 USD and 5.99 USD over the period. The price is currently at +1.37% from its lowest and -1.17% from its highest.5.84
5.99
5.92
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of UNISWAP PROTOCOL TOKEN - UNI/USD in Daily shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 5 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 4.99 | 5.30 | 5.92 | 6.04 | 6.26 | 6.89 |
| Change (%) | -15.71% | -10.47% | - | +2.03% | +5.74% | +16.39% |
| Change | -0.93 | -0.62 | - | +0.12 | +0.34 | +0.97 |
| Level | Major | Major | - | Intermediate | Major | Minor |
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 | 4.94 | 5.34 | 5.64 | 6.04 | 6.34 | 6.74 | 7.04 |
| Camarilla | 5.74 | 5.80 | 5.87 | 5.93 | 5.99 | 6.06 | 6.12 |
| Woodie | 4.88 | 5.32 | 5.58 | 6.02 | 6.28 | 6.72 | 6.98 |
| Fibonacci | 5.34 | 5.61 | 5.78 | 6.04 | 6.31 | 6.48 | 6.74 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.80 | 4.54 | 5.01 | 5.75 | 6.22 | 6.96 | 7.43 |
| Camarilla | 5.15 | 5.26 | 5.37 | 5.48 | 5.59 | 5.70 | 5.81 |
| Woodie | 3.67 | 4.47 | 4.88 | 5.68 | 6.09 | 6.89 | 7.30 |
| Fibonacci | 4.54 | 5.00 | 5.29 | 5.75 | 6.21 | 6.50 | 6.96 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.34 | 5.21 | 5.86 | 6.73 | 7.38 | 8.25 | 8.90 |
| Camarilla | 6.08 | 6.22 | 6.36 | 6.50 | 6.64 | 6.78 | 6.92 |
| Woodie | 4.22 | 5.16 | 5.74 | 6.68 | 7.26 | 8.20 | 8.78 |
| Fibonacci | 5.21 | 5.79 | 6.15 | 6.73 | 7.31 | 7.67 | 8.25 |
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): | 44.58 | |
| MACD (12,26,9): | -0.1800 | |
| Directional Movement: | -1.97 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 5.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.33 | |
| Elder Ray (13): | -0.18 | |
| Super Trend (3,10): | 6.64 | |
| Zig ZAG (10): | 5.95 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 51.73 | |
| TEMA (21): | 5.83 | |
| Williams %R (14): | -49.63 | |
| Chande Momentum Oscillator (20): | -0.20 | |
| Repulse (5,40,3): | -0.9600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4000 | |
| Courbe Coppock: | 17.33 |
| MA7: | 5.91 | |
| MA20: | 6.21 | |
| MA50: | 6.55 | |
| MA100: | 6.17 | |
| MAexp7: | 6.01 | |
| MAexp20: | 6.19 | |
| MAexp50: | 6.33 | |
| MAexp100: | 6.32 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | -4.67% | |
| Price / MA50: | -9.62% | |
| Price / MA100: | -4.05% | |
| Price / MAexp7: | -1.50% | |
| Price / MAexp20: | -4.36% | |
| Price / MAexp50: | -6.48% | |
| Price / MAexp100: | -6.33% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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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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