Uniswap
UNI Bullflag or Rising Wedge? UNI has formed a wedge
Whether or not this will act as a Rising Wedge (bearish scenario) is unlikely considering the bullish momentum behind it, and a possible flagpole confirming the bullflag theory
It is more likely that this will lead to bullish continuation rather than a break down is what I'm trying to get across
New Price Target for UNI -> $48UNI broke the ascending triangle to find support at $40 multiple times! enter channel approx. $44 and exit $48. Good luck! Don't miss this one, many others altcoins will be tanking soon as they've been too hyped-up and retail traders will get anxious and start selling before the make a big loss....I was there the last crash!
UNI Bullish Divergence - $50+ Confirmed After Breakout?Break this downtrend line and things get interesting. Already in a bullish channel and there is bullish divergence that should go green soon in the momentum propelling us to $50 and above soon to the top of the channel.
Trade at your own risk friends.
UNI Moon Soon All signs pointing to another Big Leg Up Coming for UNI
We've been in this text book corrective consolidation for over a week and it's only a matter of time before the next impulse starts.
With Uniswap V3 having just launched yesterday, improving the capital efficancy of the protocol, I think Uniswap is extremely undervalued sitting at the #11 spot on the Market Cap list.
I think we'll soon see UNI start to play catch up and pass some of the protocols with less Fundamental Value.
$100 is inevitable.
Good luck!
UNI, Uniswap - what to do?The price has a strong key level of 45,02(ATH). And the price has already tested for the second time. Now I'm waiting for a sell-through, breakout, retest, and move up! The entry point after the retest) Do not forget about SL
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
$UNI/BTC near the first targets$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
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.