UNISWAP - UNI/USD - Weekly - Technical analysis published on 12/12/2023 (GMT)
- 215
- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
78%
6%
17%
My opinion
Neutral between 5.52 USD and 7.52 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 7.52 USD. The first support is located at 5.52 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by UNISWAP PROTOCOL TOKEN - UNI/USD.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNISWAP PROTOCOL TOKEN - UNI/USD rating is 6.13 USD. The price is lower by -2.08% over the 5 days and was traded between 5.98 USD and 6.55 USD over the period. The price is currently at +2.51% from its lowest point and -6.41% from its highest point.5.98
6.55
6.13
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Weekly chart of UNISWAP PROTOCOL TOKEN - UNI/USD indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Weekly
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 3.87 | 6.13 | 7.52 | 14.56 | 31.36 |
| Change (%) | -36.87% | - | +22.68% | +137.52% | +411.58% |
| Change | -2.26 | - | +1.39 | +8.43 | +25.23 |
| Level | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.07 | 5.48 | 5.79 | 6.20 | 6.51 | 6.92 | 7.23 |
| Camarilla | 5.90 | 5.97 | 6.03 | 6.10 | 6.17 | 6.23 | 6.30 |
| Woodie | 5.02 | 5.46 | 5.74 | 6.18 | 6.46 | 6.90 | 7.18 |
| Fibonacci | 5.48 | 5.76 | 5.93 | 6.20 | 6.48 | 6.65 | 6.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.91 | 5.40 | 6.12 | 6.61 | 7.33 | 7.82 | 8.54 |
| Camarilla | 6.50 | 6.61 | 6.72 | 6.83 | 6.94 | 7.05 | 7.16 |
| Woodie | 5.02 | 5.46 | 6.23 | 6.67 | 7.44 | 7.88 | 8.65 |
| Fibonacci | 5.40 | 5.87 | 6.15 | 6.61 | 7.08 | 7.36 | 7.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.87 | 2.94 | 4.45 | 5.52 | 7.03 | 8.10 | 9.61 |
| Camarilla | 5.24 | 5.48 | 5.71 | 5.95 | 6.19 | 6.42 | 6.66 |
| Woodie | 2.08 | 3.05 | 4.66 | 5.63 | 7.24 | 8.21 | 9.82 |
| Fibonacci | 2.94 | 3.93 | 4.54 | 5.52 | 6.51 | 7.12 | 8.10 |
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): | 57.24 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | 13.70 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 5.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.48 | |
| Elder Ray (13): | 0.89 | |
| Super Trend (3,10): | 4.05 | |
| Zig ZAG (10): | 6.11 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 80.53 | |
| TEMA (21): | 5.89 | |
| Williams %R (14): | -29.66 | |
| Chande Momentum Oscillator (20): | 1.91 | |
| Repulse (5,40,3): | 3.3900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.2700 | |
| Courbe Coppock: | 45.12 |
| MA7: | 6.35 | |
| MA20: | 6.22 | |
| MA50: | 5.40 | |
| MA100: | 4.83 | |
| MAexp7: | 5.84 | |
| MAexp20: | 5.35 | |
| MAexp50: | 5.75 | |
| MAexp100: | 8.06 | |
| Price / MA7: | -3.46% | |
| Price / MA20: | -1.45% | |
| Price / MA50: | +13.52% | |
| Price / MA100: | +26.92% | |
| Price / MAexp7: | +4.97% | |
| Price / MAexp20: | +14.58% | |
| Price / MAexp50: | +6.61% | |
| Price / MAexp100: | -23.95% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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