UNI Bullish IF we Break $29.5 ResistanceBINANCE:UNIUSDT
UNIUSDT No Sitting on a Interesting Area
1. it's at the bottom of daily ascending channel and did couple of Reactions to it and now bounced back from 50MA on daily
So basically it's ready to meet the median line of the channel ($34.5 area)
but we're touching the $29 resistance area (Yellow box), this Static resistance now is aligning with 50MA and 200MA as dynamic resistances on 4H Chart So need to break it to Being Bullish on it
If that happens i'm going to enter
Targets Are: $34-$35 area (TP1) / $42 (TP2)
Stop-loss: any 4H Candle close below the yellow box
NOTE: I don't recommend Entering now but if you're going to stop-loss would be any Daily Candle close below $26
Hope You Enjoy
UNI
Uniswap (UNI) Ascending "Unicorn" Formation Before V3 May 2021I'm really liking this ascending triangle formation for Uniswap. We've held a beautiful bull trend line since January 11th and it is still holding nicely. This is only complimented by the fact that Uniswap will have a major upgrade to Version 3 sometime next month in May. This is very bullish news for the all the Uniswap holders out there and for anybody that uses the Decentralized Exchange.
Uniswap has proved to be one of the most important and significant cryptocurrency projects in this ecosystem holding a steady top 10 cryptocurrency position. It is the king of the DEX's. I believe we will continue to see increased adoption and liquidity grow on Uniswap throughout the year especially with the much anticipated upgrades with V3. I personally believe that probably won't see Uniswap under $30 much longer. However I'm no financial advisor. Much peace, love, health, and wealth.
BTC trying to confirm the bull flag breakBTC is resisting over the bull flag channel, trying to reach new levels in the next days.
I have some alarm at 57k to take some profits in case we go back to retest lower levels.
But on my opinion we are not retesting the bottom of the channel since we have 2 supports that could hold us right now.
First one is the support levels from the beginning of the bull run around 55k-56k, and the second one is that red triangle that we created recently around 52k.
In all those cases we are set for a uptrend this month to either the top of the triangle around 64k-66k, or 81k.
That´s all folks, have a good one and lets keep our eyes on that channel.
LINK continues to be awesomeI know many lost their hopes on LINK, and that´s why it will go up. Only the real holders make good profits on it.
Link´s channel is too big since the beginning of the bull run, and is hard to predict short term moves. Just accumulate that baby and thank me later.
Have a good one guys.
UNI/USDT - waiting for the patternCoin formed the local range. The major problem of UNI that it rose up so much and broke down big accumulation. I don't see an entry point at this moment. If the price continues to create a beautiful trend line, only in this case I will start to buy.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Uniswap (UNIUSDT) buy targets triggersHello guys,
No need to panic here. Just a look at the bigger picture and you will see how intact the uptrend remains for Uniswap. Given the solid fundamentals around the upcoming exchange version 3, I don't see a reason for a selloff or a market-caused depression lol.
I see a similar pattern for most of the majors that popped up after the last bull run- LINK, UNI, DOT etc. Solid uptrend with the price crawling up by hitting the lower and upper boundaries of the channel.
The current price level around the 50-day EMA is a good entry point in the formed trading range. Next will be the accumulation zone near $22.5.
Cheers,
UNI - 6h. The market decline is not over yet - we expect a $20Yesterday's continuation of the fall in the BTC market provoked other coins to similar actions. The fall in the UNI price by 15% is an unpleasant event that indicates the weakness of the coin. Of course, almost all coins have been corrected. However, if UNI and DOT fell heavily, then BNB and FIL coin charts look much better.
A large number of sellers of this coin became noticeable when the UNI price tried to break through $34.6. After the first drop in the BTC price on March 22-24, the UNI market looked one of the strongest. The price practically did not drop for BTC and buyers launched a counterattack. But the buyers failed to gain a foothold above the mark of $34.6 even for an hour:
The last attempt of buyers to gain a foothold above this level ended with a sharp response from sellers, and led to a strong fall in the price of UNIUSDT .
At the moment, the UNI market fall looks like it is not over yet. Buyers managed to keep the range of $26.3-27.2. However, the main volumes formed in the range of $31.2-32.2. Notice where the UNI price stopped during an aggressive buyer's attack
In our opinion, this range is a sales area . If buyers fail to take control of this range during the next counterattack, we will expect a new wave of decline to $20.
It is at this mark that two trend lines intersect:
In addition, the last strong consolidation in the period from January 30 to February 20 is located exactly at the $ 20 mark. The cryptocurrency market has changed. Therefore, in incomprehensible situations, it is better to observe longer.
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One could draw that support line in many waysJust wanted to share that the support line that everyone is saying it was broken could be drawn in many ways, considering weekly, daily and hourly graphs.
This could be a huge Bear Trap, 51k would be my last support for today, when we break that I am leaving, not before.
Just keep in mind that BTC always passed from week hands to strong hands sooner or later.