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 ↓
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Uniswap
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
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!
UNI failed Ascending Triangle BreakoutAfter failing to confirm an ascending triangle breakout, UNI painted a mini rising wedge and a head and shoulders pattern. The breakdown target of the head and shoulders is 27.94, and the breakdown target of the ascending triangle is around 25.3. I will wait for a confirmed breakdown of the ascending triangle to enter a short position.
Double Bottom chart formation in Uniswap Hello Everyone!
This is 1 day chart analysis of the crypto coin uniswap forming double bottom , From my prospective wait for a while not more than a day and hold a long position in it until the the target price has been achieved ! This is really basic chart analysis suitable for the beginners who are learning technical analysis!
#crypto #uniswap #doublebottom #bitcoin
Uniswap ready to test $31If you take a look at the RSI we've been in a bearish downtrend which we just broke through the top of. I do expect us to continue this as we near the top of the wedge in the chart above.
If we are able to break through the top of this wedge we may test $31 then get a retest back too $29.80 with a slight consolidation before getting continuing on this Bull run.
UNI rejected from major resistanceUNI analysis:
UNI get multiple rejection the major resistance of $29.4-$30.5 area. The local support area are $27 and $25.5 and the major support is $23-$23.6 area. There is also a double top formed at $30 resistance area. We may see a retest of lower support zone of $25.5 to get some fuel before going up. Wait for either the retest of support area or a breakout above the resistance area of $30.5 before opening a position.
Uniswap UNIUSD -1000% is near, Elliott wave + Triangle!- UniSwap looks very strong on the daily / weekly 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"!
💡Don't miss the great buy opportunity in UNIUSD @UniswapTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.25).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 25.22
TP2= @ 28.72
TP3= @ 31.75
TP4= @ 36.55
TP5= @ 44.83
SL= Break below S2
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💡Don't miss the great buy opportunity in UNIUSD @UniswapTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.25).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 25.22
TP2= @ 28.72
TP3= @ 31.75
TP4= @ 36.55
TP5= @ 44.83
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Uniswap UNIUSDT - Breaking out! Triangle + Elliott Wave- UniSwap is looking very strong on the daily / weekly timeframe.
- On the chart we can spot a ABCDE triangle, that is currently breaking out!
- Due to my Elliott wave count, i am expecting one more Impulse wave to the upside.
- 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"!
UNIUSD $100Using this top cap indicator for UNI we can plot potential tops
Congruent with my other analyses suggesting an early 2022 end to the bull market, I think UNI will top out late 2021 to early 2022
At this point price will be around $100, which is provided using this indicator
Price now has triple bottomed on the lower blue band
I find this a great entry point for UNI
I am tempted to enter this once my capital allows it
HEX BreakoutJust days ago I posted an idea on HEX and how we wanted to wait a little while before seeking any longs.
Well now, it may be time to seek longs as it has now checked off 2 major boxes from a bullish standpoint:
1) In the last 24 hours HEX has broken out of our bearish downward sloping trendline and is about 30 minutes from confirming on the daily time frame.
2) It has beautifully found support at the .236 fibonacci level and it appears to be exiting its distribution phase and entering an accumulation phase that would give it the base it needs to begin a markup in price.
These 2 simple yet powerful reasons are enough to open a position for a long with a target to our swing high at $0.171 and a tentative profit taking target at $0.1593.
There is also a lot of support below our .236 fibonacci level so feel free to use stop losses as your own gut tells you to.