## Hey Guys..!!

Meet again with me Wahyu Nahrul, This time I want to make a brief technical analysis of a cryptocurrency chart, the analysis I made is based on my experience and knowledge.

![rounded-in-photoretrica (60).png](https://cdn.steemitimages.com/DQmdMH9Yoo1NxJMaaL26XHNM77XAUBZTUkxbSd5kNJhuTc5/rounded-in-photoretrica%20(60).png)_{***Made on PowerPoint***} Alright, let's get straight into the discussion, Happy reading!! ![Pembatas Utama.png](https://cdn.steemitimages.com/DQmUqV2VAknQE4ZTKUNQVk7dC6abcYzoN63AdevUPzmqmB4/Pembatas%20Utama.png) # Uniswap (UNI) Analysis Today, January 28, 2024, I will try to analyze the price movement of Uniswap technically. ![Slide1.PNG](https://cdn.steemitimages.com/DQmUTWz9HtR6p6FWqZggPtLXxy8WtxDspTVpQiBzhA3phNz/Slide1.PNG) *SOURCE: [TradingView](https://www.tradingview.com/)* If we look at the price movement of UNI in general, we can see that UNI is in an intense bearish phase. We see it in the movement of the candlesticks in the chart above where if we look closely the candlesticks tend to move downwards. ![Slide3.PNG](https://cdn.steemitimages.com/DQmNzmFDjhv2SR7kckJSUrU8PaHxoUUjv9iRG62Cbr8rxHh/Slide3.PNG) *SOURCE: [TradingView](https://www.tradingview.com/)* This is confirmed by the EMA Indicator with a Death Cross occurring between the 100 EMA and 200 EMA. ![Slide4.PNG](https://cdn.steemitimages.com/DQmRQLhoivHiSMjP3ZcM6EbgyPbyygfsHVhQtSCj77ZgPxG/Slide4.PNG) *SOURCE: [TradingView](https://www.tradingview.com/)* Further confirmation was also given by the ADX indicator with the presence of a cross between the two DI lines where the DI- the line moved below the DI+ line. ![Slide5.PNG](https://cdn.steemitimages.com/DQmYqPqezrDMkHipwxhbJHLPDQjCnQnEdBdMeUdigeSRmpz/Slide5.PNG) *SOURCE: [TradingView](https://www.tradingview.com/)* The RSI indicator gives another opposite signal. This indicator shows stretching of the RSI line away from the lower band, which indicates that there will be a change in the direction of the trend to Bullish in the future. ![Pembatas Sub.png](https://cdn.steemitimages.com/DQmUjUshtBLPP4fERXpS2DNJDvqExzURhrdzFSU4sNftjky/Pembatas%20Sub.png) ###

Disclaimer:

This analysis is not an invitation to buy or sell any asset, it is just a short analysis intended for learning. Remember! don't use the analysis I did as a benchmark in investing or trading, always do your analysis and research before making any decisions.

![Pembatas Sub.png](https://cdn.steemitimages.com/DQmUjUshtBLPP4fERXpS2DNJDvqExzURhrdzFSU4sNftjky/Pembatas%20Sub.png)