Uniswap
UNISWAP - Reversal Wedge!Uniswap is currently within a descending wedge and has been respecting it very well. The wedge is a descending wedge, which is often a bullish reversal wedge.
We are anticipating a breakout of the wedge soon with ATH targets.
Trade Idea:
- Watch for a breakout of the wedge
- enter with stops below the lows
- Targets: 28, 44, actively manage the rest.
Goodluck!
UNI long term outlookHi again guys this is Kai with another crypto analysis..i think you almost know that i usually use weekly time frame for recognizing the most important levels although it require more patience..as you can see we have UNI weekly chart here..it has broken its support level with a big bearish engulf candle very nicely which had hold the price for approximately one damn year.. hence we should take this into account as a strong conformation that its over moon boys sorry we have to land.. my experience tell me that we can see a pullback to 14-15$ or even a little higher as a bull trap but anyone who hold this coin can use this pullback as a chance to take profit or sell with less loss..good entries for some gains are marked in the chart.. hope you all have a profitable week.
consider it as NFA..
COULD UNISWAP BE A HIDDEN GEM WITH HUGE ROI? TRIPLE DIGITS!?!?Merry Christmas!
Today we look at the trading pair, UNI/USDT
UNISWAP saw a lot of growth since it's listing last september up until it's ath earlier this year.
Currently sitting at the .236 fib support, looks to be in accumulation phase.
However, I don't think this is the bottom.
Taking out our Fixed Ranged Volume Profile tool, drawing from listing to current price, we have our PoC (Point of Control) down at the .618 fib support and backed with a lot of volume traded at that area.
Blue Horizontal zones are DCA zones to grab a few.
Should .382 be the bottom, we could shoot up to the 1.5 fib resistance, (marking it as a First Wave Extension, meaning 5th wave will be the shortest and the 1st the longest)
Should 0.5 be the bottom, we could shoot up to the 1.618 fib resistance,
Should 0.618 be the bottom (which i think it would or the 0.5/PoC), we would most likely go to the 1.786 resistance and past assuming the wave count is valid (Count not shown for clarity reasons). should this 3rd scenario play out, it will therefore be interpreted as a Third wave extension making it longer than the first as shown in the chart (meaning thirdwave will be the longest).
OR
this idea is completely wrong and we just nuke below the .618 and back to its opening price, coz for some reason, people dont value technicals when it comes to AMM's and DEX's and prefer the fundamentals instead, which after some research and several arguments (more like lectures actually) has some logic to it.
That said, this trade is purely experimental and for documentation/research purposes only.
Invest at your own risk!
Same goes for the SUSHI post as well which is linked below btw
If you agree with this idea, pls leave a like and your thoughts in the comments section.
Feedback is always appreciated.
Uniswap (UNI) Undervalued Will Be Back Over $20A lot of DeFi 1.0 and decentralized exchanges have been in the gutter for the past couple months and Uniswap is no exception. Uniswap has been trading below the 0.236 Fibonacci level since early December and it's only a matter of time before it starts to climb to the 0.236 Fibonacci level at $20. Uniswap is the second largest Decentralized Exchange when it comes to Total Value Locked (TVL) and has recently deployed on the Polygon (MATIC) ecosystem.
Once market sentiment moves back into greed from extreme fear I do see Uniswap ultimately reaching back to the 0.382 Fibonacci level of $25.29 which is also were the the Point of Control (POC) is at on the Visible Range Bars. A lot of price interaction with Uniswap has occurred over $20.
As of right now Uniswap is undervalued. Support Area is from $13.00 - $14.20. Much peace, love, wealth, and health.
UNI/USD - Pump to $19 imminent! 😍UNI is breaking the descending trendline that has acted as resistance in the past.
If successful, UNI will go to $19. It's a no brainer.
The indicators support this bullish bias.
If the momentum is strong, UNI can go to $20 which will likely be a tough level to break. I will come back then. :)
Enjoy the ride!
Like and follow if you liked my idea!
UNISWAP !!!! SCALP TRADE !!! ACTIVE !! 2ND TRY!Bearish Shark Pattern on 1 hour.
long on a bullish engulfing candle at the touch of the channel.
looking for 1.618 as the target.
STOPPED YOU OUT THE FIRST TIME IT HAPPEN HERES THE SECOND TRY
Entry: $1818.93
Stoploss: $1811
Target: $1833.50ENTRY: $15.32
STOPLOSS: $15.00
TARGE: $17.40
UNISWAP!!! SWING-TRADE ACTIVE !!!!!Uni swap has pulled back 60%.
Great area for a reversal to occur.
Horizontal level as support.
Bullish engolfing candle as trigger.
Entry : $15.05
Stop loss : $12
Target 1 : $21
Target 2 : $30
Target 3 : $36
Btw I use a modified shark or cypher pattern and trade it to the 1.618. Use your own caution
UNISWAP BEARISH DIVERGENCE 4H TIMEFRAME. SHORT POSSIBILITY!Picking up from where we left on our analysis on UNISWAP yesterday (linked below),
Price looks to have broken above the pennant whilst forming a bearish divergence in the process.
Could be a short opportunity and will most likely be a fakeout until invalidated of course.
Trade Idea;
Wait for price to close below resistance before going short.
Enter with a stop-loss above rejection and target support of the pennant.
If you agree with this idea, pls leave a like as well as your thoughts in the comments section.
As always, feedback is appreciated.