UNI/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick
UNI/USDT analysis update
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-UNI/USDT is triangle pattern create and buy the dip green zone and long term hold
Entry:- CMP And buy the dip in the green zone
Target:- 350%
Stop loss:- $4.27
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
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Thank you...
Uniformity
Watch EEM for a risk on move globally3/May/2019 09:18 PM
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If global markets are going to continue rallying, EEM will likely push to the past highs. With IWM breaking out I would think to look to EEM as well and see how it is holding up.
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I wouldn't be surprised if EEM is just made up of Chinese internet companies though.
RSI case study - Multi time frame analysisOther time frames listed below
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2 hour needs to be bounce here
If it doesnt daily time frame RSI will break down
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Before this we were focused on the 1Hr 50 level, and then the 40 level after the first test of the 50 during this massive up leg
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General note: All higher timeframes are bullish. Stars are aligned but rejection could take place. THus why were are evaluating the strength readings on multiple timeframes.
Weekly flat top break with micro wedge - Considering Teir 1 hereChart interest me too much not to publish an idea on this. Not taking action right this second
RSI and MACD likely test their supports here. If we bounce it is definitely a buy. I will take a teir 1 position at the least there.
RSI is in the right zone for a move higher here it seems.
Next leg up - Semi moving higherBoth Mu and AMAT seem to be trying to move higher right now. MU has started its run slightly before AMAT.
AMAT trades at fair valuations. EV/EBITDA is at 12.85. PEG ratio is at 0.7. With great growth I feel as thou I am not paying too much at these prices.
We could have a retest of fake out here. I plan to take a position. I should of already taken a pier 1 position, but as usual I become trigger shy after a string of losing trades.
NVDA - No position - Watch closely**No position yet**
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Entry Requirements(One of the following must occur):
1.) Price Action resistance break along with high volume.
2.) Teir 1 position on RSI uniformity line break #1 (the light green)
3.) Full Teir 2 position on RSI uniformity line break #2 (solid green line)
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