Uniswap
Uniswap (UNI) - July 12Hello?
Welcome, traders.
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(UNIUSD 1W Chart)
If the price is maintained above the 8.75010245-12.92996012 range, the uptrend is expected to continue.
In particular, if the price is maintained above the 20.86609475 point, it is expected to create a new wave.
(1D chart)
If the price is maintained in the 15.58722681-22.41497446 range, it is expected to turn into an uptrend.
If it rises above the 22.41497446 point, we expect the uptrend to continue.
If it goes down, you should check to see if it finds support at the 12.17335320-15.58722681 zone.
In particular, you should watch to see if it moves along an uptrend line.
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(UNIBTC 1D Chart)
The 58765 Satoshi-64499 Satoshi section is the section that determines the direction, and if it is supported and rises, it is expected that the upward trend will continue.
If it falls from the 58765 Satoshi point, there is a possibility that it will fall near the 47297 Satoshi point, so a Stop Loss is necessary to preserve the profit and loss.
However, looking at the big picture, if the price is maintained above the 30094 satoshi-35828 satoshi section, it is expected that the upward trend will continue.
Accordingly, careful trading is required.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it 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.
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** 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)
UNIUSDT (Uniswap) - Coin of the Week Uniswap is a well-known decentralized trading system that helps automate the trading of decentralized finance (DeFi) tokens. An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading. Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges. Uniswap came about as a plan to introduce AMMs on Ethereum to a wider audience. The platform’s creator is Ethereum developer Hayden Adams.
Technically, the structure that UNI is making is “trapped” between the resistance marked on the chart and the low that it made on the 23rd of May at 13 USDT. If the price breaks the blue trendline the highest probability move would be a continuation to the low. If the price stays above it (blue trendline), we can see it touching the resistance zone.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
This Is Why The Uniswap (UNI) Can Be Your Best BuyHey friends, hope you are well, and welcome to the new update on Uniswap ( UNI ).
Broke down up channel and formation of down channel:
The price action of Uniswap was moving in an up-channel from the second week of Feb 2021. Finally, in the month of May the priceline broke down the support of this channel with a long bearish candlestick and after a small correction rally, the price action of UNI started the formation of the down channel. Currently, the price action is moving in this pattern and reached the resistance of this down channel.
So far it is not confirmed that the price action of UNI has been completely rejected by the resistance of this pattern because we have the fourth candlestick moving with the resistance of this down channel. At any time the price action can break out the resistance or it can be completely rejected and move down to the support again. Therefore, at this time it is very important to keep an eye on the price action to determine the breakout or an upcoming bearish move. For this purpose, we can use the different indicators as well.
Strong rejection and different support and resistance levels:
If we take a look at the different support and resistance levels on the daily timeframe, then it can be easily observed that the price action was very strong bullish since the month of November 2020 to the first week of May 2021. Finally, the priceline of Uniswap found very strong resistance at $45 and got rejected by this level. While moving down the price action broke down the $30, $25, $20, and $17 support levels respectively, and finally found support at $14. From here the price action moved up again and broke out the next resistance of $17.
Harmonic bullish BAT pattern formation:
Now on the 2-day time frame chart, the price action has formed a big bullish BAT pattern. The buying and sell targets as per the Fibonacci sequence of this patter are as below:
Buy between: $16.63 to $14.93
Sell between: $20.69 to $26.77
The maximum extent of the potential reversal zone $14.93 can be used as stop loss. As per the above targets, this trade has a huge profit possibility of 79%, and the a high loss possibility is 11%. Therefore try to buy it within the potential reversal zone as low as possible.
Conclusion:
The price action of the Uniswap was very strong bearish. But while moving down in the down channel the priceline has also completed the formation of the bullish reversal pattern. Therefore, we can expect at this is the level we have found the support and price action of UNI can start a bullish divergence from here at any time.
UNISWAP Long if Green appearsSignals: Blue * 3 --waiting for Green
or
Breakout of the Resistance Line
UNI,UNIUSD,UNISWAP,UNIUSDT,UNIUSDTP,CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Want a legit Crypto project of a publicly traded company? ATARI In a sea of cryptocurrency uncertainty about the legitimacy of the projects, here comes Atari!
Atari is one of the world's most iconic consumer brands and interactive entertainment producers!
The Atari VCS is available for purchase from June 15 via Best Buy, GameStop, Micro Center, and the official Atari VCS website.
ATARI exited bankruptcy in 2013 and is now a profitable company.
The market cap is small, 165Mil.
They also have a blockchain division with a token, ATRI, that you can purchase on Uniswap, bitcoin.com exchange or Hotbit.
They will release games on the blockchain and partnered with RTFKT Studio on Limited-Edition NFT Fashion Series.
They have casino games and competitive 1 vs 1 gaming where you can use their tokens.
They will have francize Atari Hotels to accept Atari tokens.
If listed on Binance or Coinbase, i see ATRI cryptocurrency having a 10X potential from here!
The bad thing is that Atari plans to apply for delisting from Nasdaq First North Growth Market and remain listed to Paris Exchange.
Uniswap (UNI) forming bullish BAT for upto 79% rallyHey dear friends, hope you are well, and welcome to the new update on Uniswap ( UNI ).
Now on the 2-day time frame chart, the price action has formed a big bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Uniswap (UNI) - June 23Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(UNIUSD 1W Chart)
If the price holds above the 15.35986286-20.86609475 range, we expect the uptrend to continue.
(1D chart)
If the price is maintained in the 15.35986286-22.41497446 section, it is expected to turn into an uptrend.
In particular, we need to watch for a breakout from the downtrend line.
If it falls from the 12.17335320-15.58722681 section, you can touch the 8.75010245 point, so you need to trade carefully.
If it falls from the 8.75010245 point, it will enter the mid- to long-term investment area, so careful trading is required.
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(UNIBTC 1W chart)
If the price is maintained above the 53565 Satoshi point, it is expected that the uptrend will continue.
(1D chart)
It remains to be seen if the 47297 Satoshi point can find support and move up.
In particular, it remains to be seen if the price can be maintained above the 53565 Satoshi branch.
If it falls from the 47297 satoshi point, it can touch the 35828 satoshi point, so you need to trade carefully.
If the price is maintained in the 47297 satoshi-58765 satoshi section, it is expected to turn into an uptrend.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it 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)