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Uniswap

Is Uni(swap/chain/stake/lend/yield) going to rip faces off?!?Uniswap is already one of if not the leading application within defi. That is just as a dex. I believe that dexs have the most flexibility when it comes to crypto as it has the holy trinity of high users, volume and liquidity. Helpful for financial market application. If Unichain is a successful launch then Uni could become the centralising app within decentralised finance. This would be great for crypto and defi as provides deep liquidity and ease of use. Not to say theres no competition. This is an emerging field and who knows wholl be the yahoo or big blue let alone the google. Have to keep up to date the changing metrics but at this stage uni is still looking a leader.
Long
by SoftQuant
UNIUSD Will it break above the ultimate Resistance cluster?Uniswap (UNIUSD) broke yesterday above its 1D MA200 (orange trend-line) for the first time since July 03 but failed to close above it. The reason is the presence there of another strong Resistance level, the Lower Highs trend-line started on the March 06 High. Those two form the ultimate Resistance cluster and only a 1D candle close above both can confirm the start of a new long-term rally. Technically the pattern is a Channel Up since late 2022 and a new rally would be its Bullish Leg. The previous Bullish Leg rose by +337.70% so if we get that closing confirmation, we will turn bullish again, targeting a Higher High at $20.000 (just below the +337.70% mark). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:UNIUSDLong
by TradingShot
1
UNI Futures Analysis: Key Triggers Amid Bullish Momentum✨ Welcome to Today's Uniswap (UNI) Futures Analysis In this analysis, I’ll be examining the UNI token, highlighting potential entry and exit points for futures trading based on both daily and 4-hour timeframes. 🥸 About Uniswap (UNI) Before diving into the charts, here's a quick overview of Uniswap. As one of the largest decentralized exchanges (DEX) in the DeFi ecosystem, Uniswap operates on Ethereum and its layer-2 solutions, facilitating asset swaps and enabling users to earn through liquidity provision. The platform's native token is UNI, which I'll be analyzing today. 📅 Daily Timeframe Analysis On the daily chart, UNI hit a peak of $15.398 before beginning a downtrend, culminating in two major bearish waves that brought the price down to $5.59 support. Throughout this decline, volume steadily decreased, with a notable high-volume selloff candle at $5.59 signaling the start of a corrective phase. The price then climbed to the $7.667 resistance, where it was rejected once but is currently making another attempt to break through. 📊 Concerns Around Decreasing Volume A key issue during this phase is the declining volume on both buying and selling sides, suggesting a lack of active participation from both bulls and bears. This may indicate that large investors or "whales" are temporarily pulling funds from UNI, reducing its attractiveness for spot buying. 🔽 Stop-Loss Strategy for Existing Holders For current holders looking to manage risk, I recommend setting a stop-loss if the price falls below the $5.59 support level. A close below this zone could lead to further declines toward $4.816 and $3.868. Personally, I would trigger my stop-loss on a confirmed candle close below $5.59. 📈 Futures Trading Triggers For futures trading, a breakout above $7.667 could be a good long entry trigger, with targets at $8.668 and potentially as high as $11.983. If the RSI moves into overbought territory and holds, we might see a strong price surge as market excitement builds. 📉 Short Position Triggers On the short side, a break below $6.369 is a valid trigger, as this level has been tested twice before. A third touch and break could offer a solid opportunity for momentum traders. Another short trigger lies at $5.59, and if the price settles below this level, a sharp drop may follow. ⏳ 4-Hour Timeframe Analysis In the 4-hour timeframe, UNI has been trading within a range of $5.59 to $7.829. Trading within this box requires careful risk management, as the price could move unexpectedly before a position is activated. 📈 Long and Short Triggers on the 4-Hour Chart For long positions, a break above $7.387 within this range is a suitable trigger, targeting the top of the box. On the short side, a break below $6.511 would be a valid trigger, aiming for the bottom of the range. 📝 Bullish Momentum Prevails Currently, bullish momentum is stronger than bearish, as reflected in Bitcoin’s price action. As long as Bitcoin maintains its upward trend, I prefer focusing on long positions over short ones in UNI futures. ❌ Disclaimer This analysis represents my personal opinions and is not intended as financial advice. Please conduct your own research before making any trading decisions.
Long
by DreamAnalysis
Fable Of The Dragon: A Pioneering Blend of Blockchain InnovationIntroduction: In the rapidly evolving world of cryptocurrencies, unique projects often stand out due to their innovative nature and commitment to societal impact. One such project is "Fable Of The Dragon," which not only leverages blockchain technology for security and transparency but also aims to contribute significantly to anti-aging research and community building. This initiative reflects a thoughtful integration of technology with philanthropic goals, driven by the $TYRANT token. Soulbound Tokens (SBTs) "Fable Of The Dragon" is distinguished by its use of Soulbound Tokens (SBTs). These digital tokens are a novel concept in the blockchain space, representing non-transferable assets that signify an individual's achievements, interests, and identity. Unlike traditional tokens, SBTs cannot be traded, making them a personal and permanent fixture in a user's digital portfolio. This attribute enhances the security of digital identities and provides a new layer of interaction within the blockchain community. The project's ecosystem also includes an engaging digital marketplace where these unique tokens can be showcased and celebrated. This platform not only fosters a sense of community among participants but also allows them to contribute to charitable causes effectively. The Gaming Experience: An integral part of "Fable Of The Dragon" is the "Legend of Fantasy War" game, which offers an immersive experience where players can engage in adventures, customize characters, and participate in narrative-driven events. The game is designed to reward players with SBTs for their achievements, further promoting the concept of digital identity and community within the ecosystem. Security Measures: The security framework of "Fable Of The Dragon" is robust, incorporating advanced blockchain technologies to safeguard user data and assets. The project employs a unique approach by integrating Soulbound NFTs into its security measures, ensuring that each digital asset is securely linked to its owner's identity. Additionally, the $TYRANT token operates on a 0% tax policy, minimizing potential vulnerabilities associated with transaction fees. Market Performance and Tokenomics: The $TYRANT token is not only a medium of exchange within the ecosystem but also a symbol of the project's broader goals. It facilitates transactions across the platform, including the trading of NFTs and participation in the digital marketplace. The token's design is aimed at simplifying transactions while ensuring security and fostering a user-friendly experience. Technical Outlook The $TYRANT token is currently trading at $0.0531, showing signs of stabilization after a prolonged downtrend. Several key technical indicators suggest a potential shift in momentum. The token is hovering around a significant support level at $0.05, which has held firmly in recent sessions. If this level continues to act as support, it could provide a foundation for a further upward move. Immediate resistance is located around the $0.087 mark, which coincides with the 200-day Moving Average (MA). A breakout above this point would be a bullish signal, potentially leading to further gains. Shorter-term resistance can be observed near the 50-day MA at $0.0463. - Moving Averages: - The 50-day MA is at $0.0463, and the price has managed to stay above it, indicating short-term upward momentum. - The 200-day MA sits at $0.0874, which may act as a stronger resistance if the price continues to rise. The MACD indicator is currently signaling a potential bullish crossover, with the MACD line crossing above the signal line. This could indicate that bullish momentum is starting to build. The Relative Strength Index (RSI) is currently at 59, suggesting that the token is in a neutral zone. A move toward 60 would indicate increased buying pressure and could be a sign of further upside potential. - Cup and Handle Pattern: A potential cup and handle pattern is forming on the daily chart, which is a classic bullish setup. The "cup" has formed over a longer period with a rounded bottom, while the "handle" is currently developing. This pattern typically signals an upward breakout if confirmed by rising volume and a price surge above resistance. Overall, $TYRANT is showing early signs of recovery, and traders should watch for a potential breakout above the $0.087 resistance level. A break above this key resistance would likely confirm a reversal from its prolonged downtrend. However, failure to maintain the $0.05 support could signal further downside risk. Conclusion: "Fable Of The Dragon" stands out in the blockchain community for its innovative use of technology to build a secure and engaging ecosystem. The project's focus on creating meaningful social impact, coupled with its commitment to enhancing digital identity security, sets a new standard for what blockchain technology can achieve. As the project continues to evolve, it offers a promising model for how technology can be harnessed to benefit society at large. Whether you are a gamer, a crypto enthusiast, or a philanthropist, "Fable Of The Dragon" offers a unique opportunity to be part of a revolutionary project that bridges the gap between technology and social good.
UNISWAP:TYRANTWETH_3AF73B.USDLong
by DEXWireNews
UNI (Uniswap): Channel Down BreakoutTrade setup : Price is in a Downtrend, however, it had a bullish breakout from Channel Down pattern, above $6.50 resistance, which could signal at least a temporary bullish trend reversal, with upside potential to $8.00. Stop Loss at $5.40. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9. Uniswap is the biggest DEX – see On-chain data, and has been a beneficiary of the move to decentralized exchanges and non-custody trading solutions. Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Down. Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $5.60, then $4.80. Nearest Resistance Zone is $6.50, then $8.00.
Long
by altFINS
UNI (Uniswap): Channel Down BreakoutTrade setup : Price is in a Downtrend, however, it had a bullish breakout from Channel Down pattern, above $6.50 resistance, which could signal at least a temporary bullish trend reversal, with upside potential to $8.00. Stop Loss at $5.40. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9. Uniswap is the biggest DEX – see On-chain data, and has been a beneficiary of the move to decentralized exchanges and non-custody trading solutions. Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Neutral, Medium-term trend is Down and Long-term trend is Strong Down. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $5.60, then $4.80. Nearest Resistance Zone is $6.50, then $8.00.
Long
by altFINS
Aerodrome Finance is a 25x - 50x Coin From Here#Aerodrome Finance is the central marketplace and liquidity hub for the Base Network, which is #Coinbase's #Ethereum L2 built to bring one billion users on chain. #Base can be regarded as Coinbase's answer to #Solana. Since Base won't have its own token, many consider Aerodrome Finance, whose founders/creators work closely together with those of #BaseNetwork, to be the next best thing. Aerodrome Finance has been gaining traction fast lately and has become an onchain volume leader. Currently, Aerodrome Finance sits at around the 150th place in terms of market cap, which means it's still in its infancy. In fact, the Total Value Locked on SPARKS:AERO is greater than the market cap of the #Aerodrome coin – there is a very valuable lesson in there for those who pay attention. Aerodrome with the current marketcap of BNB = $132 (205x) Aerodrome with the ATH marketcap of BNB = $189 (300x) Aerodrome with the current marketcap of Uniswap = $9 (13x) Aerodrome with the ATH marketcap of Uniswap = $39 (60x) Aerodrome with the ATH marketcap of Pancakeswap = $12 (18x) #AerodromeFinance, which is a real coin with utility and closely linked to Coinbase, currently has a meager marketcap of $0.3 billion. In comparison, a meme coin like CRYPTOCAP:PEPE currently has a marketcap of over $3 billion - 10x that of #AEROUSD! I personally believe AERO is a solid choice and may become one of this bull cycle's biggest winners. It's potentially a 25x to 50x coin from the current price. Once altcoins start running again, I expect this coin to do a quick 10 - 15x before the next significant correction.
COINBASE:AEROUSDLong
by couldntcomeupwithone
4
UNISWAP Price Update and TA in Weekly TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: On the weekly timeframe, UNI is holding both the support trendline and the horizontal ray support, ranging between $3.89 and $4.67. This is a crucial support range for UNI, and maintaining this range will likely lead to a rebound followed by a bullish move. The actual confirmation of a bullish trend will occur when UNI breaks above the resistance trendline. For now, a rebound is essential for the price to remain positive. Key levels: - Primary Support: $4.67 - Lower Support: $3.89 - Primary Resistance: $$11.68 - Long-term Target: $40-$45 (8x gain). DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
UNI (Uniswap): Approaching SupportTrade setup : Price got rejected at $12 resistance three times (Triple Top) and pulled back below 200-day MA (~$9.00), which is a sign of downtrend. Trend Traders : wait for price to regain that critical level to signal resumption of uptrend. Swing Traders : price is approaching $6.75 support, which has held up several times and could be a swing trade entry opportunity with upside to $8.00 - $9.00. This is a riskier trade setup because it’s against the overall downtrend. Uniswap is the biggest DEX – see On-chain data, and has been a beneficiary of the move to decentralized exchanges and non-custody trading solutions. Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $6.75. Nearest Resistance Zone is $10.00, then $12.00.
Long
by altFINS
UNI Market Outlook: Trends and Levels to Watch✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day. 📅 Let's dive into today's analysis, focusing on the UNI coin in the crypto market. 🗂 About the Project: UNI, or Uniswap, is a decentralized trading protocol known for its role in facilitating automated trading of decentralized finance (DeFi) tokens. Uniswap is also the name of the company that initially built the Uniswap protocol. The protocol enables users to trade crypto assets directly from their wallets without relying on a centralized intermediary. ⌛️Weekly Timeframe In this timeframe, UNI has experienced significant movements. Recently, it saw a downward trend reaching a critical support level of 7.030. Following this, the price has shown some consolidation, suggesting a potential shift in trend. 📈 If UNI stabilizes above 7.030, we can anticipate bullish momentum potentially pushing the price towards the next resistance at 12.099. Confirmation of a new upward trend will depend on candle stability above this level. 📉 Conversely, if UNI falls back and stabilizes below 7.030, it indicates a bearish trend continuation. The next critical support level would be around 4.039. 📊 In both scenarios, volume analysis is crucial. A healthy trend should be supported by corresponding volume without any divergence. ⌛️Daily Timeframe 🔍 On the daily chart, UNI ranged around the 8.193 level before initiating another downward wave. Currently, there is noticeable bearish momentum, and the price has found temporary support at 7.280. 🧲 Given the current setup, a stabilization below 7.280 could signal another bearish wave. On the flip side, if the price moves above 8.193, it could indicate the start of a bullish trend, targeting higher resistance levels. ⌛️4-Hour Timeframe 📈 In the 4-hour timeframe, UNI has pulled back to the resistance at 7.683. Volume analysis shows a decrease, indicating potential exhaustion of the recent upward movement. 📉 For short positions, the key levels to watch are 7.683 and 8.278, where price reactions could provide better entry points. For long positions, critical levels are 7.463 and 6.945. 💥RSI Oscillator The RSI is currently ranging between 42.46 and 53.05 on different timeframes. Breaking these levels could provide confirmation for opening positions. However, always use these levels in conjunction with candle patterns and volume analysis to find the best entry and exit points. 📉 Given the current bearish signals in the daily and 4-hour timeframes, alongside the potential trend change in the weekly timeframe, I am inclined to open a short position. However, this is based on my trading strategy. Each trader should base their decisions on their strategies and risk management plans. ⚠️ Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
by itsparham96
2
UNI (Uniswap): Approaching SupportTrade setup : Price got rejected at $12 resistance three times (Triple Top) and pulled back below 200-day MA (~$9.00), which is a sign of downtrend. We wait for price to regain those critical levels and signal resumption of uptrend. Uniswap is the biggest DEX – see On-chain data, and has been a beneficiary of the move to decentralized exchanges and non-custody trading solutions. Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Up. Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $8.00, then $6.75. Nearest Resistance Zone is $10.00, then $12.00.
Long
by altFINS
UNI (Uniswap): Approaching SupportTrade setup : Price got rejected at $12 resistance three times (Triple Top) and pulled back below 200-day MA (~8.91), which is a sign of downtrend. We wait for price to regain those critical levels and signal resumption of uptrend. Uniswap is the biggest DEX – see On-chain data, and has been a beneficiary of the move to decentralized exchanges and non-custody trading solutions. Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Up. Momentum is Bearish (MACD Line crossed below MACD Signal Line) BELOW days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $6.75. Nearest Resistance Zone is $10.00, then $12.00.
Long
by altFINS
UNIUSDT Losing Momentum for a Further Downward Move? Yello, Paradisers! Let’s dive into the latest analysis of #Uniswap (#UNI) and see what might be next for #UNIUSDT. 💎#UNIUSDT has been trading within a falling wedge formation on the 12H timeframe. This pattern is generally considered bullish, but current market conditions suggest caution. Currently, #Uniswap is retesting the falling wedge's lower support level, and there is a possibility that it might drop further. 💎The failed breakout from the falling wedge reinforces a bearish bias. If BME:UNI fails to break above the resistance level, the downward trend could continue. 💎The diminishing trading volume and the Point of Control (POC) of the Volume Range Volume Profile (VRVP) acting as resistance increase the likelihood of a further drop. If #UNI fails to hold the support at the falling wedge's lower boundary, it is likely to retest the major support zone around $7.00. 💎The key support zone, which has been tested and respected multiple times, lies between $6.40 and $7.00. If UNI fails to hold at these levels, the next major support to watch is at $5.886. This area is critical as it is packed with liquidity and can create a good chance of a pullback if tested. 💎The bearish invalidation level is marked above the resistance at $9.459. A break and close above this level could invalidate the bearish scenario and potentially lead to a bullish rally. Stay focused, patient, and disciplined Paradisers MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Simon
2
UNI/USDT Technical Analysis in Daily Timeframe.Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: A couple of weeks ago, UNI was rejected from the $12 price level, forming a resistance trendline. Currently, the price is at $9.175, holding decent support at the 200EMA ($8.76). After the rejection, UNI has yet to hit the supporting trendline at $7.33, indicating a potential further 20% drop if the price doesn't hold the 200EMA. Here are some key observations: ~ Primary Support- 200EMA at $8.76. ~ Lower Support- $7.33. ~ Crucial and decisive point- 200EMA at $8.76. ~ Invalidation point- Break down below the lower support. ~ Best Entry: $7.29 to $7.81. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
Heavy Market Drop: Bitcoin and UNI Analysis🔍Let's dive into today's analysis. The market experienced a significant drop, especially Bitcoin. Altcoins also fell, but since Bitcoin's dominance decreased, Bitcoin's drop was more substantial than that of altcoins. Today, I want to analyze UNI, which has dropped less than Bitcoin. But first, let's look at Bitcoin's analysis. 👑 Bitcoin Analysis 🔍 We're analyzing Bitcoin on the 1-hour timeframe. As you can see, after breaking 64,247, which was a trigger mentioned in previous analyses for short positions, the descending channel was broken from below. This can lead to two scenarios: Trend Fatigue: The price may re-enter the channel. Sharp Downtrend: The price may continue a sharp downtrend, which happened in this case with a 9% drop to the 58K low. It was then supported at 59,323 and is currently ranging around 61,300. 🔄 I hope you utilized the short triggers mentioned in previous analyses. Our triggers were 64,247 and 63,583, and with a break strategy, you could have easily taken a position with a risk-to-reward ratio of 5 to 20, depending on which trigger and stop-loss size you used. 📊 The selling volume in the market has increased significantly, and as the price takes a breather, the current buying volume is negligible compared to the selling volume during the downtrend, indicating the strength of the bearish trend. 📈 I am not recommending any long positions because it's illogical to open long positions when the market has such a strong bearish momentum. 📉 For short positions, we currently have the 59,323 trigger. If you want to enter earlier, you can use Dow Theory and open a short position whenever a lower low is made. I believe the price will wait for the SMA 99 to catch up since it's quite far from the current price. 📚 Bitcoin Dominance Let's look at Bitcoin dominance. As I mentioned, Bitcoin's larger drop compared to altcoins is due to the decline in Bitcoin's dominance. This chart shows the percentage of money in the crypto market that is in Bitcoin. 🔑 Yesterday, with the break of 55.06%, Bitcoin dominance dropped, causing money to flow out of Bitcoin into altcoins. Part of this money became Tether, and part went into altcoins, causing both Bitcoin and altcoins to drop, but Bitcoin more so. Currently, dominance is ranging between 53.74% and 56.31%. With a break of the 55.06 trigger, it can move to the lower end of the range. 🦄 UNI Analysis 🔍 Now, let's analyze UNI. I've previously discussed the Uniswap project and its court case with the US in detail, so let's go straight to the chart. 🔄 In the previous analysis, I mentioned that you could open a long position with a break of 11.567, but a fake breakout occurred, and the price couldn't stabilize above this area. Subsequently, the price dropped past the POC fixed range volume profile and continued down to the 6.412 area. After a brief consolidation, it dropped again to the box low of 8.871. 📉 For shorts, the 8.871 trigger is very suitable, especially if Bitcoin dominance increases, making it a great short trigger. The target for this move could be 8.226, and after that, 6.768. A break of 26.35 in RSI could introduce bearish momentum into the market, making lower targets achievable. 📈 For longs, wait for the price to build a new structure. Until then, wait for a break of 10.82, which overlaps with the POC. 📝In conclusion, the market has shown a significant bearish movement, especially in Bitcoin, which has led to cautious market sentiment. For Bitcoin, short positions remain more favorable due to the strong bearish momentum. For UNI, the short trigger of 8.871 is a key level to watch, while long positions should be approached with caution, waiting for a more defined structure and stronger buying signals. Always ensure to manage risk and wait for clear triggers before entering positions.
by itsparham96
3
QSTAR(Q*) can Go Up at least +160%_+300%Today, I want to introduce you to a Token in the field of Artificial Intelligence(AI) ; as you know, Artificial Intelligence(AI) is at the beginning, and it is better to focus more on this field. The name of this token is QSTAR(Q*) ; I will explain it and how you can get it in the following. Please be with me. QSTAR(Q*) can have the potential to increase the price a lot. I have reasons that I will mention here: 1- You can get the QSTAR(Q*) token on the Uniswap platform ; this means that if this token is listed on valid/centralized exchanges, it will make a big jump. 2- QSTAR(Q*) is active in Artificial Intelligence(AI) . According to my research, they are preparing a smart bot for this field . 3-Even Elon Musk tweeted, " Guys, I found Q ." This tweet was apparently about AI and may have mentioned QSTAR(Q*) . 4-The Total Supply has been announced as 10,000,000,000 , which prevents inflation. ------------------------------------------------------------------------ Technical Analysis : QSTAR(Q*) is moving near the Support zone($0.0003-$0.00018) , Support lines , Monthly Pivot point , and SMA(100) . I expect QSTAR(Q*) to rise to at least the previous top($0.00079) after hitting the Support zone($0.0003-$0.00018) . If it is listed on a Centralized exchange, it will be a different story, and we will have to wait for the QSTAR(Q*) token to increase by several thousand percent(%) . ------------------------------------------------------------------------ I thought you might not know the steps to buy from the Uniswap platform , so I decided to explain them to you in order. QSTAR(Q*) token purchase steps: 1- First, you enter the Uniswap platform. 2-You connect the wallet to the Uniswap platform 3-Remember that you need Ethereum(ETH) to buy and transfer(Fee) from the Uniswap platform. 4-When the token reaches the Support zone($0.0003-$0.00018), either Swap or use the limit option. ------------- ----------------------------------------------------------- Note: If you don't know how to buy from Uniswap , be sure to read more about it. ------------------------------------------------------------------------ Note: Be sure to follow the capital management ------------------------------------------------------------------------ QSTAR Analyze (Q*USDT), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
UNISWAP:QWETH_8B5778.USDLong
by pejman_zwin
6
Uniswap (UNI) Soars: A Bright Spot in a Subdued Market The cryptocurrency market has experienced a period of relative calmness in the past week. However, amidst this subdued landscape, Uniswap (UNI), the native token of the leading decentralized exchange (DEX) Uniswap, emerged as a bright spot. According to CoinDesk Indices' bi-weekly market update, UNI led the CoinDesk 20 (CD20) Index with a stellar 6.8% advance. This surge propelled the token's price above $11, a significant increase from its price of $7 just one month ago. Understanding the CoinDesk Indices The CoinDesk Indices (CDI) serve as valuable benchmarks for tracking the performance of various digital assets. The CD20 specifically focuses on the top 20 digital assets by market capitalization, offering a snapshot of the health of the leading cryptocurrency projects. UNI's impressive gain atop the CD20 leaderboard highlights its outperformance compared to other major players in the market. Factors Potentially Contributing to UNI's Rise While the exact reasons behind UNI's recent surge remain debatable, several factors could be at play: • Increased DEX Usage: The decentralized finance (DeFi) space, where Uniswap reigns supreme as a DEX leader, has witnessed a resurgence in user activity in recent months. This could be driving demand for UNI as users require the token for governance and transaction fee discounts on the Uniswap platform. • Potential Speculative Interest: The broader cryptocurrency market might be experiencing a shift in investor sentiment towards DeFi projects. UNI, as a prominent token within the DeFi sector, could be benefiting from this speculative interest. • Developments on the Uniswap Protocol: The Uniswap team might have introduced new features or upgrades to the protocol that have garnered positive attention from the crypto community. This could be attracting new users and investors to the platform, thereby increasing demand for UNI. A Look at the Broader Market Context It's important to remember that UNI's rise occurred within a relatively muted market environment. The CoinDesk Market Index (CMI), a broader index encompassing roughly 180 tokens across various sectors, did not exhibit a significant uptrend. Some leading alternative Layer 1 blockchain, like Internet Computer (ICP) and Near Protocol (NEAR), experienced price declines during the same period. What Does This Mean for UNI Investors? UNI's recent performance is certainly encouraging for investors holding the token. However, it's crucial to maintain a cautious and realistic perspective. The cryptocurrency market remains inherently volatile, and short-term price movements can be subject to various factors, some of which may not be entirely predictable. Looking Forward: Where Does UNI Go from Here? The sustainability of UNI's upward trajectory hinges on several factors. The continued growth of the DeFi ecosystem, ongoing developments within the Uniswap protocol, and broader market sentiment towards DeFi will all play a role in shaping UNI's future price performance. Conclusion Uniswap's (UNI) recent surge atop the CoinDesk 20 Index signifies a period of outperformance compared to other prominent cryptocurrencies. While the reasons behind this rise are multifaceted, the increasing adoption of DeFi and potential investor interest in the sector could be contributing factors. However, navigating the cryptocurrency market requires a balanced approach. Investors should stay informed about developments within the Uniswap protocol, the broader DeFi landscape, and overall market trends to make informed decisions regarding UNI. By remaining vigilant and employing sound investment strategies, investors can capitalize on potential opportunities within the ever-evolving cryptocurrency landscape.
Long
by bryandowningqln