UNI
UNISWAP amazing bull elliott count!UNISWAP is one of my favorite alt bull counts.
If we zoom out this could have been the major 2 proceeding into a massive 3 to new all time highs.
The first wave 1 (blue count) has ended in a beautiful golden zone retracement finishing the WXZ.
And thus, the possibility of the first 1-2 into the new bull cycle begins.
A fantastic tell about this setup would be breaking the high of the purple wave 1, while holding the low of the wave 2. Setting up another 1-2 1-2.
Do not miss this one!
UNI Still Cand Drop MoreHello, I hope you are well.
This symbol can continue to be modified. After the rise of a consolidation zone, the zone has broken down.
According to the structure, it can move to the lower supports. After seeing the first target, take the risk
If you have any questions, please comment
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UNI's Situation right nowUNI is in an ascending Triangle. this means the Price Might Have a chance to Increase as much as the measured Price movement(AB=CD).right now the Price has touched the bottom of the Triangle and It should Start a Bullish Movement soon. The Price might fail to Increase as it was Expected and Lose the Bullish Trend. in that case the Price will reach the Support Line which is shown on The chart. There is also a Regular Bullish Divergence(+RD) On MACD which is a Bullish Sign that should be considered as well.If the Bullish Trend Happens, The Price might even Break the Triangle Upwardly!
-UNI is in an Ascending Triangle
-(AB=CD)
-(+RD) on MACD
-It might lose it's bullish Trend
-Expected Movements and Supports are shown on the chart
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Have a nice day and Good luck
Planning trades for the next move, long and short ideas
So we are watching this descending triangle just like the rest of the trading world is... nothing new here. I'm not here to call the direction of the move, but to be prepared with trades lined up so that we are ready to jump in when the pattern does break. It's worth noting that I'm showing a BTC CME chart here because it has less noise, so a cleaner pattern.
Before we go into long and short ideas, here is a closer look at the CME pattern I am watching on smaller timeframes. I think this is actively the cleanest short-term pattern for BTC.
Now let's start with some long ideas.
First up is YFI. This one isn't too complicated, large falling wedge that has some strong support underneath. A break of overhead resistance would give a nice short/mid term hold with plenty of upside.
Next is UNI. This is technically a large bear flag, so natively a lower-breaking pattern. But that doesn't mean there isn't room for another push higher before that happens. A break higher from BTC would push UNI above the resistance/support level marked on the chart and leave plenty of room for easy upside.
And 3rd and final one I will share is ETH. Smaller pattern shown is a descending triangle, so naturally bearish. The large pattern is a bull flag, so naturally bullish. A break higher of the descending triangle would be an aggressive/early entry, but would be a great sign of strength. A subsequent break of the bull flag would be the easiest entry for short/mid term longs, with plenty of upside possibility.
Now let's move to some short ideas. Some of these will look familiar.
Another UNI setup, this time the bearish side. UNI is technically on support and has room for more upside so waiting for a confirmed market direction is the best play. A break lower and loss of a support level would be an easy entry for UNI because the support/resistance levels around $5.80-$6.00 are pretty well defined. Downside potential is pretty large, with that said the measured move of the bear flag is under $1.00, although I would not be holding the short that long as it's a very greedy target.
Back to ETH again, this time with the bearish move. Not much context to really provide here. Just like the upside potential, ETH is showing the least downside potential but it is a much larger coin so that's to be expected.
3rd and final one is SOL to provide a non-repeated idea. Standard descending triangle play. If this breaks lower, SOL will likely just bleed out for a while with lots of downside potential.
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I've shown long and short ideas, so nothing here is predictive of market direction. The entire market is prepared for a pretty aggressive move, but it's important to remember that we don't need to predict those moves. There is so much upside and downside potential on all of these setups that it is ok to let the move start, and then ride the strength higher or lower.
Uniswap (UNI) 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Uniswap ( UNI ) UPDATE:- uniswap (UNI) was one of Friday’s biggest losers, as prices fell by nearly 8%.
UNI/USD, which rose to a peak of $6.49 during yesterday’s session, slipped to a low of $5.85 earlier today.
As a result of today’s sell-off, uniswap fell below a key support point of $5.95, hitting its lowest point since October 13 in the process.
Friday’s decline in price has also pushed the RSI to a floor of 42.30, which is the weakest point for the index in the last ten days.
Currently, uniswap has rebounded from its earlier lows, and as of writing is trading at $5.95.
This shows a level of bullish momentum still remains in the market, despite prices now falling for a second consecutive session.
Sorry for my English it is not my native language.
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Uni Will Dump Moreas you can see Uni is rejected its supply zone daily and also broken dynamic support, it seems in 1h engulfing is happening, it shows more dump is on the way,
my chart is clear, focus on that you will get everything...
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Bullish on $UNIBullish Wolfe Waves on lower time frames of Uniswap's charts. Worth punting a long imo.
Entry might not be the best.
Targets marked in green lines all the way up to HTF supply (smallest portion of the position should be left after first two targets are booked and secured).
Stop loss below the sweep of the lows.
Use adequate position sizing and risk management.
📚Learn More💰Earn More - Inverse Head and Shoulders in UNIUSD📚 LEARN MORE
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Inverse Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “Neckline” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal.
This illustrates that the downward trend is coming to an end.
When a Head and Shoulders formation is seen in a downtrend, it signifies a major reversal.
The pattern is confirmed once the price breaches the neckline resistance.
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY:
we put an entry order above the neckline.
TARGET :
We can also calculate a target by measuring the lowest point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
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Uni/Eur right-angled broadening and descending wedge (triangle)Target = 8,65 (2.0 Fib Extension)
Resistance = 6,95 (Fib 1.0) / 7,80 (Fib 1.5 Extension) / 8,00 (Fib 1.68 Extension) / 8,65 (Fib 2.0 Extension)