UNI ANALYSIS (4H)structure according to bearish CH And iBOS is bearish.
The previous lows have all been cleared and the price has hit a support.
Now we need a range where there is a significant sell order to continue the decline.
We have marked the good area where there is a sell order on the chart. It is expected that the price will reach this range with fluctuations and then we will see a drop
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
UNI
UNI/USDT 4H Bullish (Long) Breakout
UNI is now trading around 6.0$. UNI is testing the upper resistance line of the descending triangle. So the Possible scenarios are If the price pumps up and breaks out of the triangle, we can see bullish momentum in it.
Otherwise If the price rejects from the resistance line, the price can move towards the lower support zone of the triangle.
Stay tuned with us for further updates
UNIUSD vs ETHUSD Price Relationship: Long PositionUniswap's price is closely related to Ethereums price, but UNIUSD often has a slight lag in price changes in relation to ETHUSD.
Recently ETH has made big gains on the 1D chart reaching previous high levels with indicators showing signs of being overbought; whereas UNIUSD, although making gains recently, is still showing signs of being oversold on the 1D timeframe with the potential for big profit with a well timed long position.
If UNIUSD were to reach previous high levels conservative targets would be ~$37.
Could Uniswap ($UNI) Resume its Bullish Streak?
The BME:UNI chart closely mirrors that of CRYPTOCAP:BTC due to their high correlation. BME:UNI is currently hovering near the support zone of $5.50–$5.71, which it has been testing for the fourth time in the past month. This consistency from sellers might lead to a breakthrough of this level.
However, if Bitcoin steadies, BME:UNI could resume its upward trajectory. For this to happen, buyers need to overcome the resistance at $6.02 and establish a foothold above the sell zone of $6.32–$6.64. Such a turn of events would pave the way to new highs and a movement toward the $6.98 and $7.16–$7.5 range.
Should CRYPTOCAP:BTC continue its downward correction, BME:UNI might drop to a new local low within the $5.00–$5.25 range.
#UNIIn time H2, it is moving in an ascending channel, which can move again to the supply area at the bottom of the channel in a corner pattern after exiting the density and pullback to the area. In time h2, there is an upward movement, but in the higher time h4, it is still not confirmed. So wait for this failure to occur and enter the buy transaction in pullback.
$UNI performing Falling wedge in 1w TF Keep eyes on it breakout done Falling wedge in 1w TF
Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow:
1. **Identify the Falling Wedge:**
- Look for a downtrend in the price movement.
- Identify converging trendlines where the upper trendline (resistance) slopes down at a steeper angle than the lower trendline (support).
- The pattern resembles a wedge pointing downwards.
2. **Confirm the Falling Wedge:**
- Confirm the pattern using other technical indicators like volume. Ideally, during the formation of a falling wedge, the trading volume should decrease.
3. **Wait for Breakout:**
- Patiently wait for a breakout to occur. Breakout refers to the point where the price moves above the upper trendline of the falling wedge.
- The breakout should ideally be accompanied by a noticeable increase in trading volume, confirming the strength of the breakout.
4. **Entry Point:**
- Enter a long (buy) position as soon as the price breaks above the upper trendline.
- Some traders prefer to wait for a confirmed close above the upper trendline to reduce the risk of false breakouts.
5. **Stop-Loss Placement:**
- Set a stop-loss order below the lower trendline or a recent swing low. This helps limit potential losses in case the breakout fails and the price moves back into the wedge.
6. **Target Price:**
- Determine a target price based on the height of the wedge. Measure the distance from the widest part of the wedge to the starting point of the wedge and project that distance upwards from the breakout point.
7. **Risk Management:**
- Consider your risk tolerance and position size to manage your risk effectively. The risk-reward ratio should be favorable.
8. **Monitoring the Trade:**
- Keep an eye on the trade to ensure that the price continues to move in the expected direction. Use technical analysis and other indicators to guide your decisions.
9. **Profit-Taking:**
- Once the price reaches your target, consider taking profits. You can also use trailing stop-loss orders to lock in profits as the price moves in your favor.
10. **Adapt to Market Conditions:**
- Be adaptable and monitor market conditions. If the breakout does not follow through as expected, be prepared to exit the trade with a manageable loss.
Remember that trading always involves risks, and it's crucial to have a well-thought-out strategy, risk management plan, and the discipline to stick to your plan.
UNIUSD - Great BreakoutUNI has broken out of a down move
This is evident when plotting an upper trend line
I have shown the two rejections with red thumbs and the breakout with the green one.
The prior ATH is way above here, there may be some bumps along the way but im confident it will head back in that direction, as most bull charts do.
UNI/USDT Assessing Bullish Potential After Resistance Breakout?💎Paradisers, let's focus on #UNIUSDT as it exhibits a notable market shift. Recently breaching a key resistance level, it is now hinting at a strong bullish momentum following a retest.
💎 Observing #Uniswap trend, we've seen it effectively navigate a descending channel, breaking above and initiating an upward trajectory. Currently, after breaking the robust resistance at $7.611, there’s an anticipation that this level will now serve as support post-retest. This could set the stage for a bullish movement aiming to challenge the substantial supply level at $12.015.
💎 However, given the crypto market's inherent unpredictability, it's crucial to be equipped for varying outcomes. If #UNI fails to maintain its new position post-resistance breakout, a strategic pivot may be required.
💎This could involve gearing up for a bullish recovery from the lower Bullish Order Block (OB) at $6.186. Caution is advised, as a decline below this OB level could signal a trend shift towards bearish territory.
UNI ANALYSIS (1D)We seem to be in a big wave B which consists of 3 ABC waves. Wave B of B looks like a diametric, now we are inside the g wave of this diametric. In the red box, the rise of this coin can end and enter the falling wave C.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
UNI - Wyckoff Accumulation SOS/LPS + Volume#UNI
I love to see these #Wyckoff Schematics play out, so profitable if you just add patience to your toolkit.
This is exactly what we want to see, after the breach of the heaviest #resistance on chart, then that coil up resting on top of the now #support followed by that retest with heavy #volume sling shotting PA into infinity.
If you missed the Spring and Adam & Eve at the bottom, and somehow all the signs before this, you still have time, you know what to do...
UNI/USDT upward momentum? 👀 🚀 UNI Today analysis💎Paradisers, UNIUSDT has recently shown a notable market movement. After facing rejection from a supply level, it's poised for a potential bullish shift from its current demand level.
💎UNI has consistently adhered to a descending channel pattern, breaking above it to initiate upward trends. Currently, after being rejected from the supply level at 5.646, UNI is regaining bullish momentum.
💎This resurgence is accompanied by an increase in buying side liquidity, indicating a strong likelihood of a bullish move. In this scenario, the interplay of probabilities and mathematics becomes crucial, offering a clear view of the risk-reward landscape for investors.
💎 There's also a possibility that if UNI fails to maintain its stance at the current demand level and breaks below, it might seek a bullish continuation from a lower demand level at 4.406. Should it breach this level, a significant downward trend could be triggered.
💎 This analysis underscores the importance of monitoring key levels and market trends for strategic trading decisions in the dynamic crypto market.
UNI/USDT Break the pattern. Bullish Momentum for Uniswap ????💎 UNI has certainly made a significant impact on the market's attention. It has managed to break out from a descending channel, marked by a strong green candle, signaling a bullish turn. Currently, UNI is at a critical juncture, facing a resistance area.
💎 If UNI is unable to breach this resistance, it may retreat to a demand area at $4.520 for a retest, as it has not yet undergone a retesting phase since the breakout. Conversely, if UNI can pierce through the resistance area, it may probability progress towards the target supply zone and beyond.
💎 Should UNI not sustain the demand at $4.520 and the level gives way, it would suggest a false breakout and a bearish indicator, potentially leading UNI to descend and probe the next lower demand zone.
🚀 Uniswap Analysis: Unleashing the Potential!Uniswap presents an intriguing yet complex chart. I believe we are in a primary Wave (1), Wave (2) structure (Dark Blue). This has formed a Wave 1, Wave 2, and is now in the process of forming Wave 3, which is simultaneously a Wave C or a sub-wave (v). Following this, we expect Wave 4 and then Wave (v) or the overarching Wave (3).
With this structure, we anticipate a substantial increase, reaching at least the Level (1) target, which should be achieved, especially if considering only a Wave C. Given that Wave ((B)) forms a Flat, a standard Flat implies a 100% correction. Therefore, aiming for around a 70% minimum target post-entry zone makes sense. 📈✨
UNI/USDT Anticipating a Bullish Surge? 👀 🚀UNI Today Analysis💎 Paradisers, get ready for a potentially thrilling opportunity with #UNIUSDT. The asset is currently making a notable move, having successfully retested its descending channel trajectory, setting the stage for a probable robust bullish movement.
💎 #UNISWAP has been consistently adhering to a descending channel pattern. Recently, it experienced a rejection at resistance and is now re-engaging with the channel's resistance. A key point to watch is the resistance level at $6.608. A breakthrough here could significantly increase the likelihood of a strong bullish movement, aiming to surpass the formidable resistance at $9.463.
💎 However, in the unpredictable world of cryptocurrency trading, it’s crucial to consider alternative scenarios. Should UNI falter in maintaining its upward momentum, the next focus could be on a bullish continuation from the support level of $5.734. A break below this level might lead to a substantial downward movement. 🌴💰
Key Demand ZoneUNI has recently interacted with a significant supply zone, a region it has encountered before, leading to a downward pressure on its price.
This engagement has effectively curtailed any upward momentum in the price. However, it's important to note a key demand zone situated at the $5 level, which holds potential to reverse the downward trend and catalyze an upward price movement.
This demand zone is particularly robust in the daily timeframe, suggesting it could be a critical factor in preventing further depreciation in Uniswap’s price.
This analysis is for informational purposes only and should not be considered as financial advice.
Uniswap - Navigating the Accumulation Phase! 🚀Hello Crypto Enthusiasts! 👋
In my view, Uniswap is currently in a prolonged accumulation phase on the larger scale.
The level at $3.37 serves as our support line and a crucial level for the overarching Wave II.
Upon closer inspection, let's focus on two decisive images.
On the second image, we confirm that Wave (2) is validated by an A-B-C ZigZag correction. Subsequently, Wave 1 and 2 have already been formed.
I anticipate that we haven't surpassed Wave 1 yet. Instead, we are likely forming a Wave iv and possibly gearing up for a leading Wave v, which will then shape Wave 3. 📊✨
Goodbye 🫡