Londinia Opportunities Analyses - 01/28/2023 (GMT) UNISWAP PROTOCOL TOKEN - UNI/USDT - 1H

UNISWAP PROTOCOL TOKEN - UNI/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: UNIUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 6.79 USDT
My targets
7.11 USDT (+3.49%)
7.69 USDT (+11.94%)
My analysis
The bullish trend is currently very strong on UNISWAP PROTOCOL TOKEN - UNI/USDT. As long as the price remains above the support at 6.79 USDT, you could try to benefit from the boom. The first bullish objective is located at 7.11 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.69 USDT as an objective. Crossing it would then enable buyers to target 8.44 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, 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
8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The UNISWAP PROTOCOL TOKEN - UNI/USDT rating is 6.87 USDT. On the day, this instrument gained +0.15% and was between 6.80 USDT and 6.91 USDT. This implies that the price is at +1.03% from its lowest and at -0.58% from its highest.

6.80
6.91
6.87

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by UNISWAP PROTOCOL TOKEN - UNI/USDT:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this UNISWAP PROTOCOL TOKEN - UNI/USDT chart shows a strongly bullish trend. 92.86% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.47 6.60 6.79 6.87 6.89 7.11 7.69
Change (%) -5.82% -3.93% -1.16% - +0.29% +3.49% +11.94%
Change -0.40 -0.27 -0.08 - +0.02 +0.24 +0.82
Level Minor Intermediate Intermediate - Major Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.366.476.666.776.967.077.26
Camarilla6.786.816.836.866.896.926.94
Woodie6.416.496.716.797.017.097.31
Fibonacci6.476.586.656.776.886.957.07


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.335.666.166.496.997.327.82
Camarilla6.436.516.586.666.746.816.89
Woodie5.425.706.256.537.087.367.91
Fibonacci5.665.986.176.496.817.007.32


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.364.154.665.455.966.757.26
Camarilla4.804.925.045.165.285.405.52
Woodie3.214.084.515.385.816.687.11
Fibonacci4.154.654.965.455.956.266.75

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): 59.17
MACD (12,26,9): 0.0500
Directional Movement: 5.72
AROON (14): 78.57
DEMA (21): 6.86
Parabolic SAR (0,02-0,02-0,2): 6.79
Elder Ray (13): 0.03
Super Trend (3,10): 6.69
Zig ZAG (10): 6.86
VORTEX (21): 1.1200
Stochastique (14,3,5): 73.35
TEMA (21): 6.87
Williams %R (14): -20.56
Chande Momentum Oscillator (20): 0.08
Repulse (5,40,3): 0.3100
ROCnROLL: 1
TRIX (15,9): 0.1100
Courbe Coppock: 4.27
MA7: 6.71
MA20: 6.43
MA50: 5.82
MA100: 5.99
MAexp7: 6.84
MAexp20: 6.80
MAexp50: 6.71
MAexp100: 6.66
Price / MA7: +2.38%
Price / MA20: +6.84%
Price / MA50: +18.04%
Price / MA100: +14.69%
Price / MAexp7: +0.44%
Price / MAexp20: +1.03%
Price / MAexp50: +2.38%
Price / MAexp100: +3.15%

Quotes : - Real time data - Cryptocompare