$UNI/BTC near the first targets$UNI token has been steadily progressing through the first fib set, slowly nearing the 2.618, aka first high target.
Although the chart is showing some signs of retrace there is not all too much indications in the favor of the same.
Volume is pretty low on the red candles which doesn't indicate a major retrace
Preparing for possible retraces is important thou,
Each of the fiblines ,1.0, 0.764, 0.618 and the 0.5 are potential support levels in case of a shorter term retrace.
If the chart starts showing weakness and breaking through the support levels with ease I expect the 0.236 fibline to provide much harder support and play a role as a new local low and reversal point for further uptrend
Uniswap
UNI/USD GEARING UPuni/usd chart shows us a steady grow between support and resistance , by this time at the time of writing , UNI seems to be gearing up to break the resistance and start a parabolic run . but if it fails to break , the suppot level is there , and if support level is not supported, we would likely to move toward 14${but this bearish scenario is not likely to play in this bull market}.
Cake looking to make a new ATH in MayCAKE has followed a pattern of 50-60% gains every 2-3 weeks since its listing. This price increase is not undeserved as Pancake Swap regularly does similar volume to the much higher capped Uniswap. Even though cake has moved from under $10 to $40 it is still an undervalued project with it market cap sitting around $6.5 billion.
Since we are only about 6 days into the new consolidation period I'm not sure if CAKE is going to takeoff now, or sometime in the next 10 days.
Personally, I plan on getting in now. Chasing a pump is never wise and it seems that CAKE has cooled off a bit before its next move up. We might get this move sooner than the next ten days based on the MACD almost crossing the signal line. I'd prefer a better RSI, but I'm not looking to miss out on a coin I'm confident in (at least in the short term).
If $CAKE makes a similar 50-60% move we are looking at a price target of around $60. A good stop seems to be 33-$35 where there is some support.
selby_exchange CARDSWETH UNISWAP CARD.STARTER WRAPPED ETHER (6H)Selby Geometric Extrapolation Structure for CARDS with price/time forecast
CARD.STARTER (CARDS) is a cryptocurrency that operates on the Ethereum platform and currently trades on Uniswap (V2), Bilaxy, 1inch Exchange, and 0x Protocol among others.
CARDSWETH
March 29, 2021 - July 7, 2021
With standard fibonacci retracement levels
A retest of the 0.382 fibonacci retracement level is expected before bullish continuation
Price/time forecast:
0.0744003194
07-07-2021
707% in 68 Days.
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
Big thank you to @dzhu69
Uniswap (UNI) Forming Road to $50 then $100? V3 & EIP1559 Everybody's favorite Unicorn. Yes I said it. We're on our Unicorn path to $100. The reality is another +130% increase from these price levels will put us at a $100 Uniswap. And if we continue to hold this bull trendline we may be there by next year. With these bull market conditions another 1.3x isn't too farfetched.
We still have yet to see the full post network effects from the highly anticipated V3 upgrade coming into Uniswap tomorrow. Another huge factor in Uniswap's price I believe is Ethereum's EIP1559 effect on Uniswap. Ethereum's EIP1559 essentially means every transaction on Ethereum will burn ETH gas FOREVER. Meaning the supply of Ethereum will be diminished every year. I can only imagine how that will effect the price of Ethereum and Uniswap in the long term once Ethereum switches over to proof of stake and Ethereum becomes a scarce asset.
Uniswap is already 52% through it's circulating supply and its hard capped at 1,000,000,000. The total value locked ( TVL ) has grown exponentially by over $6 billion dollars since October of 2020. Uniswap is only at a $22.5 billion dollars as a global decentralized Exchange which to me is undervalued for the value Uniswap brings to entire crypto space.
As DeFi and Ethereum grows so will Uniswap. I can literally go on for days about Uniswap because there's a lot of upside. I'm very bullish about Uniswap this cycle and still holding my bag throughout the rest of the year.
Cheers! Much peace, love, health, and wealth!
BTCUSD Bybit Perpetual - Breakup and Breakdown LevelsSupport my work with a Like and Follow Me for daily Analysis
Here is a simple Daily chart to Highlight where BTCs next move could take us
Using Fib Pulls and Volume profile to determine the said levels .
Know your invalidation regardless of the trade you take and thanks for stopping By .
SUSHI/USD possible breakout incomingOther DEX's are running; see UNISWAP.
Expecting a small pullback if ETH and BTC retrace a bit after the weekend run-up. SUSHI has some support levels at ~12.60 and ~13.60. I'm laddering into SUSHI in 2 tranches: 50% at spot price now, and another 50% at one of the support levels.
Planning on taking back my cost basis as it runs up to the short-term price target and I'll sell off a 100% cost basis at the longer price target.
PT Short Term: $20 - $22
PT Long Term: $28-$30
End result: Moon bag of SUSHI.
Unilayer building layer upon layerBefore its listing on Kucoin it had already gone up substantially, but it is still pretty small in terms of market cap. The listing is also a big plus and the capitulation it had prior was massive. Its BTC chart is looking great with its uptrend being very clean and strong.
Uniswap (UNI) - May 2Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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(UNIUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 37.80485161-46.77313174 section.
In particular, it remains to be seen if it can rise above the 42.28899168 point.
If you fall in the 35.56278172-37.80485161 section, you will need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
The next volatility period is around May 9.
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(UNIBTC 1W chart)
(1D chart)
61028 Satoshi-73062 Satoshi We must watch for any movement that deviates from the section.
We have to see if it can rise within the rising channel.
44983 Satoshi-48994 If you fall in the Satoshi section, you need Stop Loss to preserve profit and loss.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
#UNIusdt #UNIFundamental information/knowledge:
What is UNI in Crypto market?
BINANCE:UNIUSDT
#Uniswap is a decentralized finance protocol that is used to exchange cryptocurrencies and tokens; it is provided on blockchain networks that are decentralized, running open-source software, as opposed to any centralized intermediary.
The market capitalization for the UNI token is over $21,901,869,001 million as of April 2021, and UNIswap rank is #9 based on Coinmarketcap.com.
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Basically, Red horizonal lines are my two target point on UNI and we can reach easily if BTC keep increase price on the market.
$4.7
$5.4
are my two target point.
But interestingly, UNIswap break up Daily Trend line as u can see which is a significant increase in Uniswap market...
DEFI projects ahead of huge spikesIt seems that we are dealing with a similar movement on DEFI as at the turn of December-January-February.
The dominance of the DEFI starts to pick up after the bottom of the D1 chart is reached.
The MACD and RSI indicators look very bullish. Domination has cooled down nicely after reaching the last high and it looks like we are building a strong movement on DEFI projects.
UNI-Swap Long Position OpportunityUNI-Swap was offered for $ 28, according to a previous forecast, which has grown by more than 57% so far.
The currency is currently pullback to this level in daily timeframe after breaking its $ 39 resistance range. Given that the level of resistance has been very important and taking into account the market price trend, this return is expected to occur in a short time.
For medium-term investment, it is recommended to wait for the price to stabilize above $ 40 by considering capital management and risk management in all transactions (due to the high volatility of these market days) to enter this currency, and then you can Follow the price by buying at a price floor of $ 40 to the targets of $ 45, $ 50 and $ 65. (Approximate efficiency of 60% of the resistance level)
To be present in the market all the time, you have to have reasonable trades away from excitement, so be sure to use the loss limit after entering the position in all your trades.
For this trade, the proposed reversal of the price below the red resistance level is in the range of $ 34, which means exit from the trade.
Uniswap ready to explode higherAfter the Coinbase IPO, Ethereum and DeFi have gotten a boost again. My belief is that many of the people on Coinbase are big on Ethereum, but also we've exhausted most narratives. We've gone full circle and back into Ethereum and DeFi again. Despite the crash Ethereum recovered quickly and recovered fully which I think was a bit surprising, but the ETHBTC chart and UNIBTC charts are explosive.
With V3 coming for Uniswap, the expansion to other chains or second layers, as well as its complete dominance over other DEXs... Uniswap could be heading for a massive boom. This could be seen as a massive cup and handle pattern and I think that my target is probably the first one and the upside is even larger.