UNI/USDT descending channel assessing key resistance? 🚀UNISWAP 💎 Paradisers, pay attention as #UNIUSDT showcases an intriguing move. Following a descending channel, it's recently broken above and is now testing a critical resistance at $12.763. A successful breach of this resistance could significantly boost its chances for a bullish journey past this barrier.
💎 Amid market volatility, if $uniswap struggles to surpass the R1 resistance, we'll consider adjusting our approach. We're eyeing a bullish bounce from a lower support at $11.317, a level where the price has previously found footing.
💎 A drop below this key support level might signal a transition to a more pronounced bearish phase, accompanied by heightened selling activity. Maintaining alertness and flexibility is essential as we monitor the #UNI market's shifts.
Uniswap
#UNI/USDT#UNI
The pair has recently witnessed noticeable price movement
After falling for a long time
The price recently touched the downtrend, from which a price correction is expected
Current price 4.57
First goal 6.85
Second goal 9.78
Please note that the price is on its way to the targets and may be exposed to ups and downs at intervals that are expected to take time to reach the targets.
Cryptolean Uniswap UNI Update
Uniswap is trying to reverse from the key daily support level at $11.25.
A bullish reversal from $11.25 will result in a move to $12.63 and, possibly, higher to $14.28-$15.45.
A bearish break-out of $11.25 will push #UNI price lower towards $8.68.
Intraday Chart
The UNIUSDT 4-Hour chart is bearish and teasing $11.97.
A bearish breakout of $11.97 or a bearish rejection of $13.11 will push Uniswap price towards the key intraday support zone at $9.63-$10.60 and, possibly, lower towards $7.33, to close the gap formed on February, 23.
A bullish break-out of $13.11 will push price to re-test $15.24, however the price action may be slow and choppy.
Support once read!
Thank you
Is UNI's next target $26?Hello everyone!
I suggest paying attention to the #UNI token on the UNISWAP DEX.
On the chart, it is clear that after the last bullish market, a correction has started, forming a 3-wave Elliott correction structure.
Currently, according to the plan, we are in the first impulsive wave of growth. The asset has already successfully held above strong Fibonacci levels and even reached the target level of 0.618, from which the correction began.
You can consider entering a position from the current price values or place buy orders from the 0.5 Fibonacci level.
Target - $25.91
The final profit is over 100%. It depends on where you open the position from.
This is not financial advice, everything you do is at your own risk!
Follow me to get even more trading ideas!
UNI/USDT Break Alert!! Indicating Continue upward Movement!💎 UNI has recently encountered significant market dynamics. Currently, UNI has successfully broken out the supply area.
💎 There may be a retesting phase at the demand area, which was previously the supply area, before continuing its upward movement and reaching our target area.
💎 During the retesting phase, it is crucial for UNI to bounce from the demand area if it intends to sustain its upward movement. However, if UNI fails to maintain the demand area, there is a possibility of a breakdown below the support area, leading to a return to lower price levels.
💎 At the support area, it is imperative for UNI to bounce and reclaim the area above the resistance for continued upward movement. Failure to do so could signal a bearish trend for UNI, potentially leading to further downward movement in price.
Exploring the Potential of OGV (Origin Governance) As the digital currency landscape continues to evolve, one token that's been drawing attention from the trading community is OGV (Origin Governance). This token represents a significant step forward in decentralized finance (DeFi), offering users a unique opportunity to participate in the governance of the Origin platform.
What Makes OGV Stand Out?
OGV is not just another token in the vast sea of cryptocurrencies. It's the backbone of the Origin platform's governance model, allowing token holders to influence decisions and the future direction of the ecosystem. This level of engagement is what many investors and enthusiasts find appealing, as it provides a sense of ownership and contribution to the project's success.
The Future of OGV
While the cryptocurrency market is known for its volatility, the underlying technology and community support of OGV suggest a promising future. The team behind Origin has continuously worked on enhancing the platform's features and usability, aiming to make decentralized finance more accessible and efficient.
OGV (Origin Governance) presents an intriguing opportunity for those interested in the governance and development of a leading DeFi platform. Its unique position in the market and the ongoing efforts of the Origin team could make it a noteworthy token in the days ahead. However, remember to approach trading with caution and make informed decisions.
UNISWAP TO 14$ ??Original entry Trade set up:
- Adam and eve double bottom at the pcz of a harmonic - noted not a formal one but still a great shape and perfect 886.
- Massive bullish divergence at the adam and eve bottom.
- Clear rounding suggesting vast accumulation.
Uniswap has been one of our favourite picks in the community, it just trades really well. We have been holding it since the Adam and Eve bottom and it hit our first major target a few days ago.
We posted a trade set up yesterday that we took and already hit our first tp on, with 10x leverage. We are looking to hold that leverage position for a few days potentially trading it up to our other targets.
This post is more of a case study as we are off our entry now.
Uniswap triggering an Adam & Eve Double bottom inside another 1We can see here on the weekly how UNIUSd has formed a nice Adam & Eve double bottom (illustrated in the yellowish chartreuse color). We can also see how inside that double bottom we have formed a smaller fractal version of the Adam & Eve double bottom as well (shown here illustrated in pink). To make sure I covered all bases, I also included a the more common horizontal double bottom possibility as well shown here illustrated in a light grayish blue color. First and foremost the pink Adam & eve fractal has already validated its breakout and in doing so has brought us above the neckline of the largest double bottom pattern as well. I get the feeling that all 3 of these overlapping double bottom patterns are valid and will be validated. If so I will keep you updated as each of the 3 targets get hit. *not financial advice*
UNI/USDT (Uniswap, DeFi) Main trend. Pivot zones. UnlocksLogarithm. The main trend (all trading history). Time frame 1 week. The main trend to understand the main trend and cycles.
Long-term position work in the spot (you don't need to hold your coins on the exchange, so you reduce the risk). If you are not working locally, there is no point in holding coins on exchanges, which can appropriate your funds in case of "force majeure" circumstances under the general market situation. If you work long term, then you will sell some part of it after a few months (the probability is no more). Then buy back most of the profits and some of it already in the main distribution cycle, that is, in a few years (1.8-2.2 years, the peak of the market).
It is worth noting that in 2023 there is quite a lot of unlocking of coins on this cryptocurrency.
Shows the percentage of price growth from the main reversal zones from the key support/resistance levels in the case of retention or on the contrary breakout. The work with martingale in case of a negative scenario (averaging, predetermined amount of money).
This is what it looks like on a line chart (without market noise).
This non-logarithmic chart was published about a year ago at the beginning of the accumulation (sideways) channel formation.
UNI/USDT Main Trend. Time frame 3 days.
News background now: Uniswap Labs announced the launch of Uniswap v4
#UNI --- Uniswap to soar back into the 20'sAs a brand
how do u compete with a leader
Uniswap being the leader of on-chain exchange
Coke is the brand to invest in
(what stock did Buffet buy?)
not Pepsi
not RC cola
Do you get where I'm coming from
And I am not getting into to who, what or how
they have been infiltrated
but clearly they have
As an investor
you MUST pick the best of breed
That has historically been the best route to success.
UNI to rip is my prediction
UNI/USDT Crucial area. Could Break this area or rejected ??💎 UNI has recently demonstrated notable market dynamics, currently encountering resistance in the supply and Bearish Order Block (OB) area.
💎 A breakout above this zone is necessary for sustained upward movement, probability leading to significant price appreciation and the attainment of our target area.
💎 However, if UNI fails to break out above the supply area, it may face rejection and retreat to the support zone around 5.61 to gather new bullish momentum.
💎 Upon reaching the support area, UNI needs to bounce back upwards to resume its upward trajectory and attempt to breach the supply zone once again.
💎 Should UNI break below the support level, it would signal a shift in market sentiment towards bearishness, potentially leading to further downward movement towards the demand area or even lower.
Uniswap's L2 Transaction Volume Hits $200B ATH, UNI Price ReactsUniswap's Layer-2 (L2) ecosystem has achieved a monumental milestone, with its transaction volume surging to an all-time high of $200 billion in February 2024. This remarkable feat underscores Uniswap's pivotal role in revolutionizing decentralized exchanges and automated market makers.
Uniswap's L2 Transaction Volume Hits Historical High:
Data from crypto analytics platform Dune has confirmed the unprecedented success of Uniswap's L2 ecosystem, encompassing platforms such as Arbitrum, Polygon, Optimism, and Base. The cumulative transaction volume has skyrocketed to an astounding $208.11 billion, marking a staggering 280% increase compared to the previous year.
The surge in transaction volume has elicited a positive response from the crypto community, particularly towards Uniswap's native token, $UNI. The announcement of a proposal by the Uniswap Foundation aimed at upgrading protocol governance, coupled with the redistribution of protocol fees to CRYPTOCAP:UNI token holders, has catalyzed a 15% increase in the value of $UNI. However, despite a temporary slowdown, UNI continues to demonstrate resilience, trading at $12.22 with a 5% increase within the past 24 hours.
UNI's Multiple Milestones:
The exponential growth in Uniswap's transaction volume signifies the robust performance of its decentralized exchange ecosystem. Anticipation mounts for the launch of Uniswap V4, the exchange's forthcoming non-custodial, non-upgradeable, and permissionless automated market maker protocol, slated for release by Q3 of this year.
Furthermore, the unveiling of Uniswap V4 has fueled additional excitement within the crypto community, propelling CRYPTOCAP:UNI 's price to new heights. The recent surge in CRYPTOCAP:UNI 's value, including an outstanding gain of 70% on February 23, can be attributed to the decentralized exchange's strategic changes in fee mechanisms, benefitting UNI token stakers.
CRYPTOCAP:UNI 's meteoric rise not only signifies a paradigm shift in the DeFi sector but also underscores Uniswap's pivotal role in shaping the future of decentralized finance. As attention shifts from traditional financial paradigms to DeFi innovations, UNI emerges as a beacon of transformative potential, leading the charge towards a more inclusive and decentralized financial ecosystem.
In conclusion, Uniswap's soaring success, marked by its monumental transaction volume and UNI's price reactions, reaffirms its status as a trailblazer in the ever-evolving landscape of decentralized finance. As Uniswap continues to push the boundaries of innovation and adoption, the possibilities for decentralized finance are limitless, heralding a new era of financial empowerment and autonomy.
UNI/USDT Bullish Surge from Key Demand Zone? 🚀UNISWAP💎 Paradisers, get ready for an exciting trading prospect with #UNIUSDT, as it shows promising signs of a bullish continuation from its demand zone.
💎 Exploring #UNISWAP trajectory, we've observed its ascent from a significant supply level at $7.727. After a brief deceleration, our focus shifts to a potential bullish leap from the demand level of $7.232, where an abundance of liquidity further bolsters the case for a reversal. Remaining steadfast at this point could set the stage for the bullish expedition we're envisioning.
💎 If momentum for #UNI starts to wane, our eyes are on a rejuvenating rebound from the firm demand level at $6.916. However, a descent below this pivotal level could signify the beginning of a more pronounced bearish trend.
Uniswap (UNI) Rally Faces Uncertainty Amid Team Selloff
Uniswap ( CRYPTOCAP:UNI ), the decentralized exchange (DEX) protocol darling of the DeFi world, has been on a rollercoaster ride lately, with its price soaring by a staggering 76% in recent weeks. However, the excitement surrounding CRYPTOCAP:UNI 's meteoric rise is now met with caution as reports suggest a potential selloff by the Uniswap team, signaling a possible end to the mega rally.
Team Selloff Dampens Sentiment:
Analytics firm Lookonchain (x.com) revealed that a Uniswap team wallet recently offloaded 90,000 CRYPTOCAP:UNI tokens, worth approximately $1.03 million, amidst the token's impressive rally. This move follows a period of significant accumulation, where the wallet amassed millions of CRYPTOCAP:UNI tokens, hinting at a potential shift in strategy or profit-taking.
Ripple Effect on DeFi Ecosystem:
CRYPTOCAP:UNI 's rally has reverberated across the decentralized finance (DeFi) landscape, sparking a broader surge in DeFi protocols like Compound (COMP), SushiSwap (SUSHI), and Aave (AAVE). The heightened trading volumes and price increases observed across these platforms underscore the interconnected nature of the DeFi ecosystem and its sensitivity to UNI's performance.
The Road Ahead:
While CRYPTOCAP:UNI 's rally has fueled optimism within the DeFi community, the recent team selloff introduces an element of uncertainty. Traders and investors are now left speculating about the future trajectory of CRYPTOCAP:UNI and whether a correction is imminent. With the looming specter of profit-taking, the market braces for potential volatility in the near term.
#UNI/USDT#UNI
The price has been moving in a downward channel since August 2022
The price is now on its way to a downward trend
The price now is 5.47 $
First goal 6.63 $
Second goal 7.73 $
Third goal 9.0 $
Which represents 210 % of the current price
With significant oversold and upward momentum
We also find that the MACD indicator is highly oversold
All of this supports the falling channel pattern, whose upper trend we are about to reach
We have a big support area on the chart at the price of 4.5 $
UNI/USDT: UNI descending triangle, possible breakout ?UNI is currently trading inside the descending triangle and we can expect some movement inside the the triangle.
if the current momentum continues we can expect the upward moment and we will enter a long trade when price breaks upward.
if the price breaks the support then the trade invalid. price could settle in the next support at around 4.8
Entry Price: 6.222
Stoploss: 5.583
TP1: 6.571
TP2: 6.954
TP3: 7.685
TP4: 8.277
Don't forget to keep the stoploss. Like and follow us for more similar trade ideas.
Cheers!
GreenCrypto
UniSwap- MFI EXTREMLY Oversold. Bulls Load Up. Market Cap 3.1 Billion
Up a nice 2,400% before the RSI Bear Div and the "Incredible Sell" prints.
Price has corrected 92% since and was gobbled up from the 0.786 fib level.
Big Volume Profile in this range with POC around $3.80
Weekly Heikin Ashi Money Flow Index sits at 0.11!
Stochastic Oversold.
Long Term Bulls should now DCA.
Could it drop further? Sure. I don't try timing tops or bottoms.
Speculative Setup, DYOR. Allow 3-18 Months For all Crypto Ideas.
Credit to @without_worries for allowing use of indicators.