UNI / BTC: Retesting ATH for 3rd time - PT: $120The UNI/BTC pair is currently retesting the ATH of 0.00079 for the 3rd time in a row in the past few days... the more often a coin retests its ath, the more likely it is to breakout on the subsequent retest.
Many are sleeping on UNI recently and once this breaks through the ATH and closes confidently above... it's off to the races for UNI/BTC for new levels of price discovery that will translate to USD equivalents of triple digits or more.
A comparable project would be SOLANA (SOLBTC) ... if you take a look at what SOL did after it broke out from its ATH on the SOLBTC pair, it went parabolic and tripled in USD dollar terms... the equivalent move would mean we would could see UNI at $120-$150 within a couple weeks or by end of May if UNIBTC follows a similar path as SOLBTC.
GLTA and position accordingly :)
Unibtc
$UNI/BTC near the first targets$UNI token has been steadily progressing through the first fib set, slowly nearing the 2.618, aka first high target.
Although the chart is showing some signs of retrace there is not all too much indications in the favor of the same.
Volume is pretty low on the red candles which doesn't indicate a major retrace
Preparing for possible retraces is important thou,
Each of the fiblines ,1.0, 0.764, 0.618 and the 0.5 are potential support levels in case of a shorter term retrace.
If the chart starts showing weakness and breaking through the support levels with ease I expect the 0.236 fibline to provide much harder support and play a role as a new local low and reversal point for further uptrend
UNI/USD GEARING UPuni/usd chart shows us a steady grow between support and resistance , by this time at the time of writing , UNI seems to be gearing up to break the resistance and start a parabolic run . but if it fails to break , the suppot level is there , and if support level is not supported, we would likely to move toward 14${but this bearish scenario is not likely to play in this bull market}.
Uniswap (UNI) - May 2Hello?
Dear traders, nice to meet you.
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(UNIUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 37.80485161-46.77313174 section.
In particular, it remains to be seen if it can rise above the 42.28899168 point.
If you fall in the 35.56278172-37.80485161 section, you will need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
The next volatility period is around May 9.
-------------------------------------
(UNIBTC 1W chart)
(1D chart)
61028 Satoshi-73062 Satoshi We must watch for any movement that deviates from the section.
We have to see if it can rise within the rising channel.
44983 Satoshi-48994 If you fall in the Satoshi section, you need Stop Loss to preserve profit and loss.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Uniswap ready to explode higherAfter the Coinbase IPO, Ethereum and DeFi have gotten a boost again. My belief is that many of the people on Coinbase are big on Ethereum, but also we've exhausted most narratives. We've gone full circle and back into Ethereum and DeFi again. Despite the crash Ethereum recovered quickly and recovered fully which I think was a bit surprising, but the ETHBTC chart and UNIBTC charts are explosive.
With V3 coming for Uniswap, the expansion to other chains or second layers, as well as its complete dominance over other DEXs... Uniswap could be heading for a massive boom. This could be seen as a massive cup and handle pattern and I think that my target is probably the first one and the upside is even larger.
Wedge or Running flat?🔥Do you believe in crypto?💯
We have one more formation on crypto market
What do you think? Is it Wedge or Running Flat?
The price is in a strong bullish sentiment.
According to Elliott Waves theory all the waves are done and now the price should head to the breakout.
So follow the chart and look for the clear breakout.
_____________________________________________________
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And always remember: "we don't predict, we react".
Uniswap (UNI) - April 24Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
You should watch for any movement that deviates from 28.83657176-35.56287172.
In particular, it remains to be seen if it can rise along the uptrend line.
If you decline at the 30.64308018 point, you need a short stop loss.
However, you can touch 28.83657176 point and go up, so you need to trade carefully.
Therefore, you need to check the location of the closing price.
If it falls at 22.11036180, a Stop Loss is required to preserve profit and loss.
----------------------------------
(UNIBTC 1D chart)
61028 Satoshi-73062 Satoshi We must watch for any movement that deviates from the section.
In particular, you need to make sure you can get support at the 63445 Satoshi branch.
44983 Satoshi-48994 If you fall in the Satoshi section, you need Stop Loss to preserve profit and loss.
It remains to be seen if the bullish can continue within the bullish channel.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately represents the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
$UNI, Making a HH above all previous levels.. $UNI
Making a HH above all previous levels but listing on binance
Volume increasing on the daily as UCTS is bullish (buy signals) across the board..
Looking at ~80k sats as next target from here. Retests of ~63k crossed level should be used as entry (if happens)
🤞🍀
#UNI
UNI updateOur Uni trade went beautifully. Now let's see where we can go from here.
- Consolidating at the ATH
- Confluence between .272 & .382 FIB
I expect it to consolidate here for a while & and after that at the $40 psychological level. After which we have a clear path towards the 1.618 FIB level that I drew on the last drawback on the daily chart. This puts us around $44.
How are you feeling this UNISWAP run?
Uniswap (UNI) - April 13Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
We have to see if we can get support at 37.80485161.
If it goes down, you need to make sure you get support at 35.56278172.
In particular, we need to see if it can rise along the uptrend line.
If it falls in the 19.86829191-22.11036180 range, Stop Loss is required to preserve profit and loss.
The next volatility period is around April 22nd.
------------------------------------
(UNIBTC 1D chart)
We must see if we can ascend above the 63445 Satoshi point.
If it falls, we need to make sure it is supported at the 61028 Satoshi spot.
44983 Satoshi-48994 If you fall in the Satoshi section, you need Stop Loss to preserve profit and loss.
The next volatility period is around April 20th.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
🔥 UNIBTC 🔥 +16% RSI One of the most important indicatores on my VIP script is RSI (Relative Strenght Index). Usually the RSI moves in the same direction as price. Sometimes there is a big gap between an expected RSI and the real RSI and therefore, a trade opportunity. For exemple, if the RSI incrises and the prices move down, we might have a "buy opportunity". The reverse is also true, if the RSI drops and the price increases we have a "sell opportunity". In this case we see the same level of RSI and a lower price. Hope it helped! If you have any doubt please leave a comment or a message =)