Get started

Uniswap

UNI Breaks Out Of Multi Week Falling Wedge, Here Are The Levels-UNI is up nearly 18% over the last week -Price just broke out of a falling wedge pattern -The 200MA has been acting as support Uniswap has brought an amazing solution to the crypto ecosystem as decentralization continues to become more & more used. The ability to trustlessly swap tokens with one another has gained a huge amount of traction over the last year as users continue to trust centralized companies less and less. Uniswap currently accounts for nearly 22% of all decentralized exchange volume with a current 24 hour volume of 1.6B. Given this usage, we must expect UNI to continue reviving as long as BTC allows for it. 

Ever since UNI broke the $25 mark earlier this month, price has respected it as support. UNI climbed nearly 120% in less than three weeks & since then it’s been consolidating in between two important levels. Just the past day, UNI managed to break out of this pattern and surge right to its major resistance zone. This resistance zone is found from $29.06-$30.27 & has held UNI down for several weeks now. For a bullish breakout to occur, UNI must break & hold this zone & that will allow it to hit its given targets. 

 Over the past month, UNI has been held up by its 200MA. This can be used as a good gauge as to whether or not UNI is in a bullish state. While looking at the chart, a potential path is given for UNI to follow. This would be a retest of the previous resistance trend. If this occurs & bulls fail to hold above this trend, UNI may be in for a further fall. In the case UNI breaks below its major support of $27.49 along with the 200MA, we should then expect a fall to $25 to occur at minimum.

 While looking at the Stochastic RSI, we can see strength just hit the top value within the overbought region. As long as strength continues above the 80 value, UNI will continue in a bullish push. At any time if strength breaks below, we should expect a pullback to occur. The MACD just crossed above the 0 value for the first time in a week. A pullback to the 0 value is likely as the histogram has started to turn around.

 UNI Intraday Analysis Spot rate: $29.54 Trend: Neutral Volatility: High Support: $29.06 Resistance: $30.27
by CoinGape
Uniswap (UNI) - August 26Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (UNIUSD 1W Chart) If the price is maintained above the 8.75010245-12.92996012 range, the uptrend is expected to continue. (1D chart) We need to see if we can break out of the downtrend line by moving towards the 30.64308018-33.25051255 section. If it falls from the 26.42093574 point, it can touch the 17.75218020-20.86609475 range, so you need to trade carefully. It is a weak support and resistance point, but should move above the 36.60770033 point to accelerate the uptrend. ------------------------------------- (UNIBTC 1W chart) If the price holds above the 0.00035399-0.0041575 range, we expect the uptrend to continue. (1D chart) We need to see if we can reorient ourselves by ascending to the 0.00058765-0.00064499 section. If this continues, we should see support at the 0.00047297 point. Looking at the big picture, the section 0.00047297-0.00058765 is a sideways section. If the price is maintained in this consolidation zone, it is expected to turn into an uptrend. However, in order to continue the uptrend, it must rise above the 0.00064499 point. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional 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 disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. 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 are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:UNIUSD
by readCrypto
is BAT/USD about to pull a Uniswap?It says it all in the title and in the charts. BAT On the BAT chart to the left, were on the 3W that means BAT has been in this triangle from its existence up until the last alt season when it broke it and shot to $1.7 BTC fell and dropped everything with it and thus came the fall back to $0.40; you can see that the fall touched the triangle and confirmed its existence with a push up. UNI The coin to the right, came out near the end of 2020, UNI doesn't have the "strength" that BAT has b/c it hasn't existed in the space as long as BAT (I AM NOT SLANDERING UNI) As we can see the break of the triangle shot it right to the 3rd Fibonacci top, UNI has major people behind them and they have placed themselves very well to take over the market, that's why its possible for UNI to do it so fast lets take a min and check on the Fibonacci tops comparing the two BAT: 131% - $0.40 to $1 (from the top of the triangle to Fib 1) UNI: 54% - $4.4 to $6.7 (from last retrace to Fib 1) BAT: 819% - $1 to $9.5 (from Fib 1 to Fib 2) UNI: 155% - $6.8 to $17.5 (from Fib 1 to Fib 2) BAT: 8,268% - $1 to $83 (from Fib 1 to Fib 3) UNI: 560% - $6.7 to $44.6 (from Fib 1 to Fib 3) BATBTC BATBTC has been in a long downtrend but for the past few weeks its been placing it self very well in the middle. time will only tell with this chart. See I know it seams insane, BAT @ $83 but all I'm doing here is sharing facts, the major difference between these two coins are (like i stated above) the life time of the coins. BAT never dropped under top 100 coins its been always a high pick on my list but nobody ever gave it the time of day.... Do your own research on this project. I'm only sharing my views charts wise BNBUSD as we have seen in charts as BNB, once a major break of trend happens it blows up lets say coin A was stuck in a trend for 2 years and coin B was stuck in a trend for 100 days (the same exact trend) once it breaks out who will jump higher? obviously coin A because its been stuck for longer meaning it has to blow off steam...... it never has!!! Coin A= BAT Coin B= UNI Goodluck trading I haven't been more bullish in my life Sincerely, Jack Strainer
BINANCE:BATUSDLong
by Jack-Strainer
UniSwap UNIUSD - Road to 350 USD + 1000% gains!- UniSwap looks very strong on the daily timeframe. - On the chart we can spot an ABCDE triangle, that is currently breaking out! - Due to my Elliott wave count, i am expecting next Impulse wave to the upside, which will be huge! - Next profit target is 1:1 FIB trend-based fib extension. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
COINBASE:UNIUSDLong
by UnknownUnicorn2537518
12
UNISWAP - I missed out but I am waiting to buy you NowUniswap is a decentralized exchange built on Ethereum that utilizes an automated market making system rather than a traditional order-book. Instead of matching individual buy and sell orders, users can pool together two assets that are then traded against, with the price determined based on the ratio between the two. I always admit my mistakes, I missed out on Uni the First time. In a few words: UNISWAP V3 is GREAT!!! Check it out here Buying on support is what I like to do and support is near. Take a look at my chart and tell me your opinion. One Love, the FXPROFESSOR
Long
by FX_Professor
5
Uniswap Will Grow: Support & Resistance Everybody's favorite Unicorn in Cryptocurrency. Like most of the other alt-coins we've been hitting major resistance levels before the next major step-up. We formed a short term horizontal channel so we're moving sideways a bit. We'll see how long this holds. Once we break this resistance level of $31.30 we will be grinding towards re-testing all time highs in the weeks or months to come. If we don't hold our support we will most likely being going back down to the $20 levels. There's a lot to be excited about in the next upcoming months for cryptocurrency. We're about to bullishly divergence on the weekly MACD which indicates some more positive momentum will be coming underway. Coins such as Uniswap will perform very well this cycle. It is still king of the Decentralized Exchanges and just recently become the first DEX to provide $1 Billion in fees for liquidity providers. Also I believe the effects of EIP-1559 Ethereum burning will have positive price impacts on Uniswap as time goes on. Uniswap is already a heavily adopted and functioning cryptocurrency with an actual operating product. The adoption and use case can only grow from here. Stay stacking! Much peace, love, health, and wealth!
BITTREX:UNIUSDLong
by peacefuljustin
2