Uniswap
Uniswap (UNI) 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Uniswap ( UNI ) UPDATE:- uniswap (UNI) was one of Friday’s biggest losers, as prices fell by nearly 8%.
UNI/USD, which rose to a peak of $6.49 during yesterday’s session, slipped to a low of $5.85 earlier today.
As a result of today’s sell-off, uniswap fell below a key support point of $5.95, hitting its lowest point since October 13 in the process.
Friday’s decline in price has also pushed the RSI to a floor of 42.30, which is the weakest point for the index in the last ten days.
Currently, uniswap has rebounded from its earlier lows, and as of writing is trading at $5.95.
This shows a level of bullish momentum still remains in the market, despite prices now falling for a second consecutive session.
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Uni Will Dump Moreas you can see Uni is rejected its supply zone daily and also broken dynamic support, it seems in 1h engulfing is happening, it shows more dump is on the way,
my chart is clear, focus on that you will get everything...
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UNI POTENTIAL SELL SET UPAfter Uni took liquidity on our demand orderblock at $5.5-5.7 and long position is up 13% on 1x, will be looking at the reaction at $6.85 for a possible sell, will ladder orders between 6.85-$7 and cut profits down to $6, if it doesnt play out, will cut at $7.2, all risk involved is less than 5% and traders advised to manage risk and not use more than 5-7x as leverage, also not more than portfolio risk size, also reminder that our previous long is up 13% already. so RR is good.......
UNI Is Topping And Will Lose 80%+ In Upcoming CRASH.Uniswap was a real pump coin early on but since February its not done much. Looking for an 80% drop back to 0.5 log fib if it tops in this area. It may pootle up to $60 or so but it will crash shortly as the Bitcoin Titanic plunges into the abyss once again. Target is modest, price may go much lower.
UNIUSDTHello Dear friends
In the four-hour period, the negative divergence of the RSI has been issued to us, but we do not have another signal to form a corrective trend!
And as long as the upward trend line is maintained and the movement trend is not placed below the price range of $6.39, the probability of breaking the resistance range of $7.25 is high.
We would be happy to hear your comments
uni / busd 1d binance short term bearish, BINANCE:UNIBUSD
rising channel on the 4 hr time frame, short term down side 68% chance of further slippage, tight stop losses always as uni can move fast in either direction, usually a precursor to bitcoin, Long term bullish when it breaks out this long term falling wedge for some big gains. could be couple weeks away judging by the charts.
Bullish on $UNIBullish Wolfe Waves on lower time frames of Uniswap's charts. Worth punting a long imo.
Entry might not be the best.
Targets marked in green lines all the way up to HTF supply (smallest portion of the position should be left after first two targets are booked and secured).
Stop loss below the sweep of the lows.
Use adequate position sizing and risk management.
UNIUSDT LongSince the price formed the lowest low @5.25, it has been on a bullish momentum until it formed the highest high, and the price has been forming a bullish pennant, which might be a strong indicator of a potential bullish momentum.
I am waiting for the price to break out of the pennant, and retest the zone I have highlighted so that I can enter my position.
The entry position is @6.52, Stop loss @6.1, just below the support zone. Tp 1 @6.94, Tp 2 @7.37, Tp3 @7.79
My R: R is 1:3.
Remember to risk 1-2 % of the account.
UNI - not bullish let me rephrase - It looks okay for short term, but I wouldn't be expecting it to break up - unless whole crypto bounces up. Taking into account nowadays situation - I'd expect a retouch of the top of the trendline and a fall to lower support. UNI has been pumped since the beginning which suggests to me that it was artificially pumped to get liquidity into this asset. More downside to me.
#Uniswap Adds 20%, UNI Resistance at $6.8Past Performance of Uniswap
Uniswap is up 20 percent from September 2022 lows, per the formation in the daily chart. Despite the shake-off of September 29, the uptrend in the short term remains valid, and $5.2 is a clear support level. In the past trading week, the token is up 10 percent, outperforming the USDT and the stagnating BTC.
#Uniswap Technical Analysis
The uptrend is valid, as mentioned earlier. Still, conservative traders can wait for a break above $6.8 before loading on dips in a bear continuation formation. If buyers have the edge and UNI soars to new weekly highs, the token could rally to $9.5, allowing traders to hitch the ride up. That will also confirm the significance of $5.2, a reaction line coinciding with the 61.8 percent Fibonacci retracement level of the June to August 2022 trade range. There will be a reason to worry if UNI slumps from spot rates below $5.8 since this could see bears of September 13 flow back, heaping more pressure on the token.
What to Expect from #UNI?
Uniswap, like most DeFi tokens, has been decimated by bears over the last ten months. Currently, UNI is at a minor liquidation level. However, if there are gains above this M-formation, UNI will likely rally and retest August 2022 highs. Contrary to this outlook, the token will snap bearish if bears press on, diffusing the current upside momentum.
Resistance level to watch out for: $6.8
Support level to watch out for: $5.8
Disclaimer: Opinions expressed are not investment advice. Do your research.
$UNI - Catching Up with $QNTHello my Fellow TraderZ,
This is very interesting to see how the #DEFI with strong fundamentals are showing the sign of reversal to the upside Breakout.
Here we have $UNI/Usdt chart exactly the replica of $QNT which recently broke its Inverse Head and Shoulder Pattern and currently retesting to confirm the Breakout.
$UNI is also about to complete the Right shoulder of the Inverse H&S. If this pattern plays out, will see a handsome profit of ~82% with upside movement. All eyes on #Btc which could anticipate this breakout.
Till then Happy Trading. CHEERS!!!
UNIUSDT(Uniswap) Daily tf Range Updated till 27-09-22UNIUSDT(Uniswap) Daily timeframe range. one of the sad part of this alt is even tho it got actual utility and devs support, it still had a very long bleeding. good part is its still got retail interest and volume which makes it less unstable more tradable. there are lots of options for a daytrader in this chart and we can see the activity too on its many smaller range moves.