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UNI

UNI's next move after the triangle pattern breakout?Uniswap token has been continuing its downtrend below the descending trendline since early February. Despite the bearish trend, the UNI token gained 7.20% of its gain this week. At the end of February, the nature of the Uniswap token was highly volatile, but the liquidations have been gradually decreasing over the past several days. Amin of low liquidations, the token has gained 22% trading volume in the last 24 hours. Furthermore, the volume to market capitalization ratio is 0.3341. Today, UNI investors are getting prepared to reach into the red zone of the Ichimoku indicator in terms of the daily price chart. But at the time, bulls are getting rejected from the leading span A (at $8.9-mark). Above the leading span A, the next bullish hurdle will be leading span B. Stoch RSI has taken support near 20-level and bounce-back. It is seeing bullish signals for the Uniswap token relative to the daily price chart. Furthermore, the Average Directional Index is at 21-point, which suggests a sideways momentum for the UNI token. The range of the descending triangle pattern is getting narrower day by day, so possibly the Uniswap token is about to give a directional trend signal. Buyers have a great chance to push the price of the token higher. Support level - $8.0 and $6.5 Resistance level - $10 and $20
by TheCoinRepublic
Uniswap Price Analysis — February 28UNI has traded in an overall bullish pattern over the past four days but continues to stall around the psychological $10.00 mark as the broader market regains upward mobility. The cryptocurrency rebounded sharply a few hours after the Russian invasion announcement by Putin last week, which saw the entire crypto market shed hundreds of billions of dollars within a short period. Unlike most other coins, UNI did not stay subdued long following Thursday’s sell-off and had rallied by over 30% ever since. That said, a clean break above the $10.00 mark over the coming hours should help UNI attack the critical $11.00 resistance, where my descending trendline resides. With a rich macroeconomic data docket for the week, I expect to see some fiery price action in UNI this week. Meanwhile, my resistance levels are $11.00, $12.00, and $13.00, and my support levels are $9.00, $8.00, and $7.00. Total Market Capitalization: $1.79 trillion Uniswap Market Capitalization: $6.88 billion Uniswap Dominance: 0.38% Market Rank: #22
COINBASE:UNIUSDLong
by Mr_Wogbe_Alex
💡Don't miss the great buy opportunity in UNIUSD @UniswapTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (9.46). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . UNIUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 54. Take Profits: TP1= @ 10.15 TP2= @ 10.68 TP3= @ 11.44 TP4= @ 12.00 TP5= @ 12.61 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
7
💡Don't miss the great buy opportunity in UNIUSD @UniswapTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (9.46). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . UNIUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 53. Take Profits: TP1= @ 10.15 TP2= @ 10.68 TP3= @ 11.44 TP4= @ 12.00 TP5= @ 12.61 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
5
Nobody Expect This to Happen to UNI Coin ‼️FREE UNI/USDT ANALYSIS - Yello ladies and gentlemen Huge corrective cycle on UNI is completed, crypto noobs already capitulated at the bottom, and we are now sitting above a solid monthly support zone. On a lower time frame (shown in the chart), price is consolidating around the bottom of the primary support; we expect a breakout of the trendline soon with a short-term target at $13. If you look at a DEFI chart, you will see how bullish the year 2022 will be. UNI is one of the strongest DEFI Projects out there and definitely won't be left behind! If you zoom out to Daily Time Frame, you will see a horizontal channel of UNI; we expect the breakout to happen in the near future with a midterm target of around 20$, which will be 73% profit from the current price on this gem.
Long
by MyCryptoParadise
10