#Uniswap inside a Rising Wedge, Support At $6.2Past Performance of Uniswap
Uniswap prices are within a rising wedge, consolidating, as visible in the daily chart. The uptrend is valid despite bears having the upper hand in the past few days. Still, traders should watch out for how prices perform. If UNI drops below $6.2, there could be more short- and medium-term losses. Conversely, gains above $7.4 and the expanding wedge may pump Uniswap bulls.
#Uniswap Technical Analysis
UNI is trending, consolidating within an expanding wedge. Overall, sellers appear to be resisting attempts higher. However, with UNI consolidating horizontally, soaking selling pressure, buyers stand a chance. In the days ahead, the primary support lies at $6.2, while resistance is $7.4. Conservative traders can wait for a breakout, aware that losses below $6.2 may see UNI retest at $5. Conversely, any surge above the $7.4 to $7.6 resistance zone may trigger demand, lifting the token to August 2022 high of around $9.6.
What to Expect from #UNI?
Presently, UNI prices are consolidating inside the expanding and rising wedge. There are clear resistance and support levels. However, since there appears to be accumulation, the best course of action is to wait for a high volume break out in either direction before riding the emerging trend.
Resistance level to watch out for: $7.4
Support level to watch out for: $6.2
Disclaimer: Opinions expressed are not investment advice. Do your research.
Uniswapanalysis
#Uniswap in a Rising Wedge, Support At Dec 2022 Highs at $6.5Past Performance of Uniswap
Uniswap prices may be wavy, moving in a mix of up and down bears, but the uptrend is clear. Buyers are in control, trading above December 2022 highs of around $6.5. In the days ahead, traders should track how prices react at support, the $6.5, and the middle BB, the 20-day moving average. Sharp gains above yesterday's highs at $7.5 will see UNI climb above November 2022 highs, reversing losses.
#Uniswap Technical Analysis
The path of least resistance is northwards for UNI. Though prices are wavy with bear and bullish bars in the mix, it is until the coin breaks above $7.5 that conservative traders can accumulate. For now, prices are inside a rising wedge, supporting optimistic bulls. Aggressive traders can buy the dips as long as the coin trades above $6.5, targeting $7.5, and later $9.5, if buyers step up in a bullish continuation formation. If not, losses below $6.5 may see the token drop to $6 and $5.5 in an inevitable correction.
What To Expect From #UNI?
Buyers could be firm, but the uptrend will be more solid should a convincing, high volume close above the rising wedge. In that case, UNI may rally to $9.5 as buyers double down.
Resistance level to watch out for: $7.5
Support level to watch out for: $6.5
Disclaimer: Opinions expressed are not investment advice. Do your research.
Uniswap: Early Bird 🐦🪱The early bird catches the worm, which is why Uniswap should get it going to make the climb above the resistance line at $9.82. Once the coin exceeds this mark, the ascent to the turquoise target zone should be a piece of cake. Ideally, the course finishes the turquoise wave 4 near the $16-mark before heading downhill. Facing a correction that pushes the coin below the $9.82-mark, we're expecting further pulses South until the green wave places its corrective low below the $3.33-mark. After completion, the course should turn back up and aim for an upwards trend in the longterm. In our alternative scenario, there is a probability of 20% that Uniswap won't make the climb to fulfill the turquoise wave 4, which would speed up the corrective low of the green wave alt. .
Uniswap (UNI) formed bullish Shark for upto 13% pumpHi dear friends, hope you are well and welcome to the new trade setup of Uniswap ( UNI ).
Previously we caught a nice trade of UNI:
Now on a daily time frame, UNI has formed a bullish Shark pattern with Bitcoin pair chart.
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 is Bullish, Holding Above Critical Support at $5Past Performance of Uniswap
Uniswap is technically bullish, reading from the performance in the daily chart. However, UNI remains under pressure, tightly oscillating around primary support coinciding with the 78.6 percent Fibonacci retracement level of the H2 2022 trade range.
#Uniswap Technical Analysis
Uniswap has primary support at $5, under pressure in the short term, and aligning with bears of early November 2022. As it is, every high below $5.4 and $6.5 presents liquidation opportunities for sellers targeting $5 or worse. This preview is valid because UNI prices are still within the bearish engulfing bars of November 8 and 9. Besides, since then, trading volumes have been lighter, pointing to apprehensive traders waiting for a clear trend definition. A breakout below $5, confirming losses of early November, may see UNI drop to $4.5 and $3.5 in a bearish continuation formation.
What to Expect from #UNI?
The path of least resistance is southwards, despite the rejection of lower prices in the better part of Q3 and 4 2022. As long as prices are above $5, Uniswap may recover, reversing the steep losses of this year.
Resistance level to watch out for: $5.4
Support level to watch out for: $5
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Uniswap Solid in a Bullish Uptrend, UNI May Retest $7.8Past Performance of Uniswap
Uniswap is solid and bullish at spot rates. Although the crypto market is turning higher, UNI is mainly in a consolidation. The rejection of bears of early November and the steady higher highs relative to the lower BB is massive for optimistic buyers. In the short term, the primary support lies at H2 2022 lows at around $5. On the other end, resistance is at $7.8 and $9.6.
#Uniswap Technical Analysis
Despite the dump in crypto prices, Uniswap remains within a bullish formation, looking at the performance in the daily chart. UNI has support at around $5, flashing with the 78.6 percent Fibonacci retracement level of the June to August 2022 trade range. Presently, the revival of BTC could lift UNI from spot rates. Therefore, as long as UNI is above $5 and $5.78, traders can buy the dips targeting November high at $7.8. However, there can be a clearer entry above $6.5 or December high. A high volume close above the current consolidation and this liquidation level may fast-track the surge to November high and $9.5 or August high.
What to Expect from #UNI?
Uniswap prices may be turning the corner as market conditions improve. Traders expect more gains in the days ahead. This outlook will remain valid as long as UNI is above $5.7 and above the recent consolidation.
Resistance level to watch out for: $7.8
Support level to watch out for: $5.7
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Uniswap within a bullish pattern, UNI strong support at $5Past Performance of Uniswap
Uniswap is remarkably resilient at spot rates, steadying above the multi-week support line and within a bullish path from a top-down preview. In the last 24 hours, UNI rose three percent, and prices remain inside the November 9 bearish engulfing bar, a bearish preview.
#Uniswap Technical Analysis
UNI has support at around $5, flashing with November 9 lows and within Q3 2022 range. At spot rates, UNI has retested the 78.6 percent Fibonacci retracement level of the June to August 2022 trade range, meaning buyers stand a chance. If prices are above $5, swing traders can load the dips in alignment with Q3 bulls, targeting $9.5—or August 2022 highs. However, for conservatives, there could be more opportunities once there is a solid recovery, reversing the losses of November 9. Based on the current formation, there is a risk of UNI plunging below $5 in confirmation of early November losses, pressing UNI towards June lows at around $3.20.
What to Expect from #UNI?
Bulls are confident, but there must be clear, high-volume gains above $6.5 as confirmation of November 10 losses. In either case, buyers must prove resilient, soaking in selling pressure and sustaining prices above $5 for the continuation of bulls of early Q3 2022.
Resistance level to watch out for: $6.5
Support level to watch out for: $5
Disclaimer: Opinions expressed are not investment advice. Do your research.
Uniswap (UNI) forming bullish Gartley for upto 17% moveHi dear friends, hope you are well and welcome to the new trade setup of Uniswap ( UNI ).
Previously I shared a long-term trade setup for UNI , which is still in play:
Now on a 4-hr time frame, UNI has almost completed a bullish Gartley 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 Slumps 33% in 4 Days; UNI Can Retest $3.25Past Performance of Uniswap
Uniswap can't resist the crypto gravity. This week alone, the token is down over 30 percent and trading below Q3 2022 lows, a critical support line. Per this formation, sellers can search for entries, unloading on pullbacks, targeting $3.25 in the short term. At this pace, UNI is at risk of crashing toward 2022 lows and caving to register new all-time lows altogether.
#Uniswap Technical Analysis
UNI is down 33 percent when writing and at new Q4 2022 lows, dropping below September support. In a bear breakout formation, traders can unload on every attempt higher, retesting $5.23, targeting $3.25 reading from the development in the daily chart. The breach of the multi-week support line is with high participation levels, pointing to interest. At the same time, the bar is wide-ranging, indicating volatility. This preview will change if UNI recovers above $6.10 with equally high volumes.
What to Expect from #UNI?
Behind UNI's crash are fundamental factors. Alameda Research held a significant chunk of the token and could liquidate, fanning the slump. Therefore, there is a high probability of UNI tanking to June 2022 lows unless there is intervention.
Resistance level to watch out for: $5.3
Support level to watch out for: $3.25
Disclaimer: Opinions expressed are not investment advice. Do your research.
UNIUSDT LongSince the price formed the lowest low @5.25, it has been on a bullish momentum until it formed the highest high, and the price has been forming a bullish pennant, which might be a strong indicator of a potential bullish momentum.
I am waiting for the price to break out of the pennant, and retest the zone I have highlighted so that I can enter my position.
The entry position is @6.52, Stop loss @6.1, just below the support zone. Tp 1 @6.94, Tp 2 @7.37, Tp3 @7.79
My R: R is 1:3.
Remember to risk 1-2 % of the account.
#Uniswap Adds 20%, UNI Resistance at $6.8Past Performance of Uniswap
Uniswap is up 20 percent from September 2022 lows, per the formation in the daily chart. Despite the shake-off of September 29, the uptrend in the short term remains valid, and $5.2 is a clear support level. In the past trading week, the token is up 10 percent, outperforming the USDT and the stagnating BTC.
#Uniswap Technical Analysis
The uptrend is valid, as mentioned earlier. Still, conservative traders can wait for a break above $6.8 before loading on dips in a bear continuation formation. If buyers have the edge and UNI soars to new weekly highs, the token could rally to $9.5, allowing traders to hitch the ride up. That will also confirm the significance of $5.2, a reaction line coinciding with the 61.8 percent Fibonacci retracement level of the June to August 2022 trade range. There will be a reason to worry if UNI slumps from spot rates below $5.8 since this could see bears of September 13 flow back, heaping more pressure on the token.
What to Expect from #UNI?
Uniswap, like most DeFi tokens, has been decimated by bears over the last ten months. Currently, UNI is at a minor liquidation level. However, if there are gains above this M-formation, UNI will likely rally and retest August 2022 highs. Contrary to this outlook, the token will snap bearish if bears press on, diffusing the current upside momentum.
Resistance level to watch out for: $6.8
Support level to watch out for: $5.8
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Uniswap in a Bear Breakout Pattern, UNI Slips 12% in 3 DaysPast Performance of Uniswap
Uniswap has not been spared the bear rout. As an illustration, the token is down 89 percent from all-time highs and at risk of printing more losses. From the UNIUSDT candlestick arrangement in the daily chart, the token is within a bear breakout formation. It is trading below local support, now resistance, at around $5.8 as bears set sight on $4.8, or lower, in short to medium term, continuing the free-fall from mid-August 2022.
#Uniswap Technical Analysis
In a bear breakout formation, UNI is bleeding. Thus far, the token is down 12 percent in three days and 42 percent from August 2022 highs. Since UNI is in a bear breakout arrangement, traders can look for entries on every attempt to retest $5.8. Notably, UNI bear bars are riding the lower BB suggesting intense liquidation pressure and determination by sellers as it diverges from the middle BB—the 20-day moving average. In the days ahead, bears can set sight on $4.7, a level coinciding with the 78.6 percent Fibonacci retracement of the June to August 2022 trade range. This forecast will only change once UNI rallies above $6, reversing the losses of September 18 in a relief rally from around the 61.8 percent Fibonacci retracement level.
What to Expect from #UNI?
Taking a cue from Ethereum, UNI is free-falling. In a bear breakout formation, the token may drop back to critical Fibonacci retracement levels in the days ahead. However, if UNI bulls flow back, driving the coin above $6, the token may recover in Q4 2022.
Resistance level to watch out for: $6
Support level to watch out for: $4.7
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Uniswap Flatlines, will UNI Bulls Break the middle BB and $7?Past Performance of Uniswap
Uniswap prices are relatively steady at spot rates, moving inside a bear bar but more robust considering gains over the weekend. Per the UN candlestick arrangement in the daily chart, traders can wait for a clear trend definition. As it is, gains above the 20-day moving average with rising trading volumes may see the coin soar to new territories above $7.
#Uniswap Technical Analysis
Currently, UNI buyers are firm, moving inside a tight trade range, capped by the September 6 bear bar. In the past three trading days, prices have increased, albeit with light trading volumes. Sellers are still in control as long as prices are within the September 6 bear bar from an effort versus results perspective. However, if UNI bulls push prices above $7 with increasing trading volumes in a bullish breakout formation, the 61.8 percent Fibonacci retracement level of the June to August 2022 trade range will be a critical support level. Guided by historical performance, it is highly likely that UNI may retest August highs at $9.5. If not, deeper losses below $5.8 and last week's low could trigger a sell-off.
What to Expect from #UNI?
The revival in Ethereum and across the crypto market could have a positive bearing on the token, pumping it to new levels. Currently, $5.8 anchors buyers, and the uptrend will be initiated if there are solid gains above $7, preferably with expanding participation.
Resistance level to watch out for: $7
Support level to watch out for: $5.8
Disclaimer: Opinions expressed are not investment advice. Do your research.
#Uniswap Rises 180%, UNI may expand to retest $14Past Performance of Uniswap
Uniswap is currently up 180 percent from 2022 lows, inching higher as the crypto tide shifts to favor buyers. UNI is within a bullish breakout formation, adding 10 percent in the past 24 hours to confirm gains posted on July 27. From the daily chart, the odds of UNI further expanding and breaking higher above July 2022 highs remain high.
#Uniswap Technical Analysis
From the daily chart, UNI prices have strong support at the middle BB, bouncing from the dynamic support level and closing on retesting July 2022 highs. The primary resistance is around $9.7; buyers could clear this level, rising to April highs at about $14. Considering this possibility, traders may find entries to buy the dips with primary support at $8 with targets at $14 in the medium term. Any shift in momentum, forcing prices below this week's low and the 20-day moving average, may see UNI dump to $6.
What to Expect from #UNI?
Traders are confident, and UNI holders expect more gains in the days ahead. The rejection of bear pressure and the explosion of prices on August 10, following through on July 27, is massive for Uniswap. Based on the current setup, UNI could have more headroom in the subsequent session following steep, crashing losses in H1 2022.
Resistance level to watch out for: $9.7
Support level to watch out for: $8
Disclaimer: Opinions expressed are not investment advice. Do your research.
ETH Merge, HODL for some free coins?Ethereum's long-awaited merge is just around the corner, possibly the week of September 19th according to recent news.
Hopefully the 21st of September for the Earth Wind and Fire memes. (da da ut da...and now it's stuck in my head)
Shifting from Proof of Work to Proof of Stake will alter how the network nodes establish consensus.
The new consensus layer of ETH will allow far less energy to be used to run all kinds of network applications.
Generally, this will be a welcome upgrade since pretty much everything runs on top of ETH these days.
However, there is a possibility of the current miners hard forking the network to remain semi-relevant much like ETH Classic.
If such a hard fork were to occur, There is the possibility that current addresses will be credited in the hard fork with new tokens on the new forked chain due to the import of ETH block history.
This might happen rapidly or not at all and is a long shot as the ETH community is generally cohesive. However, due to a large amount of built-up capital in the form of mining hardware, a faction taking this path rather than switching resources to mining other coins would not be unheard of as Bitcoin cash and Ethereum classic can attest. if handled improperly in a centralized way such as unclaimed tokens being centralized sometime after the fork, the forkers would also have full access to forked versions of NFTs and tokens. There could be some chaos in that respect for years to come due to confusion and the "I copy pasted your NFT" memes would reach a whole new level. One could suspect those with few scruples might be enticed by the possibility of forked bored apes alone not to mention the hundreds of other projects in the ecosystem. One could also suspect the ETH community will fight back against any fork if one occurs to prevent confusion and protection of value. Thus prepare the popcorn as things might get weird.
To make this play all one would need to do is hold ETH in an address during the time of the merge to Proof of Stake.
Preferably a self-custodied address off an exchange such as a Ledger/Trezor or a Meta Mask.
otherwise, the exchange would get the coins on the new chain credited to their hot or cold wallet instead of you, and then you'd be at their mercy on getting any of the new tokens if at all. Then throw the new coin in an LP on Uniswap/your favorite DEX ASAP if one occurs and finally sell the stake in the coin in the future or keep it for use on the new chain.
If this scenario does transpire expect major volatility in the new token soon after due to illiquidity of exchange and the possibility of transactions only on Dexes such as Uniswap for the first few months to even years.
Thus a good play would be to not expect anything while holding ETH in an address through the merge.
All the best, See You on The Moon.
UNIUSDT 3D A unicorn appears on the Uniswap chartToday, let's take a look at the UNIUSDT trading pair on the 3-day time frame.
In general, the classic scheme, as for most altcoins - the price has been in a falling channel for more than a year.
But on the UNIUSD chart we see some cunningly hidden power of buyers, it seems to us that something interesting is being prepared around Uniswap.
Maybe some strong fundamental news is on the way?) Share, please, in the comments, because we don't follow such.
In general, the following route looks realistic for the coming month:
- correction in the area of 6 dollars (retest level that did not let up for a long time)
- fixing UNI price in the upper part of the global descending channel.
- rapid growth in the region of $12-13, and this is modest x2)
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Uniswap (UNI) formed bullish Gartley for upto 2043% massive moveHi dear friends, hope you are well and welcome to the new trade setup of Uniswap ( UNI ).
On a monthly time frame, UNI has formed bullish Gartley 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
UNIUSD: Gains will be short lived!UNIUSD
Intraday - We look to Sell at 7.927 (stop at 8.857)
The primary trend remains bearish. Buying pressure from 5.800 resulted in prices rejecting the dip. We look for a temporary move higher. Resistance is located at 8.000 and should cap gains to this area. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 5.802 and 5.500
Resistance: 6.500 / 7.000 / 7.500
Support: 6.000 / 5.500 / 5.000
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UNI (Uniswap) Token Analysis 20/03/2021Fundamentals:
Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated 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 creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.
In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol. This added both profitability potential and the ability for users to shape its future — an attractive aspect of decentralized entities.
Uniswap exists to create liquidity — and therefore trading and the value that trading provides — for the DeFi sphere.
One of the major AMMs in operation at present, the protocol functions using a formula for automated exchange — X x Y = K. Founder Hayden Adams describes himself as the inventor of the particular implementation of the formula on Uniswap.
Uniswap is not just a decentralized exchange; it attempts to solve the issues that platforms such as EtherDelta experienced with liquidity.
By automating the process of market making, the protocol inceventizes activity by limiting risk and reducing costs for all parties. The mechanism also removes identity requirements for users, and technically anyone can create a liquidity pool for any pair of tokens.
According to Uniswap, their governance token (UNI) was created in order to “officially enshrin Uniswap as publicly-owned and self-sustainable infrastructure while continuing to carefully protect its indestructible and autonomous qualities.”
Uniswap came about as a plan to introduce AMMs on Ethereum to a wider audience. The platform’s creator is Ethereum developer Hayden Adams.
Adams worked in various projects while finalizing Uniswap, and his work was informed directly by Ethereum creator Vitalik Buterin. Buterin even ended up giving the protocol its name — it was originally known as Unipeg.
Adams has also said that the original inspiration for the Uniswap platform came from one of Buterin’s own blog posts. His original idea to focus on Ethereum came after a friend convinced him to begin researching and understanding the protocol in 2017.
Current Fundamentals:
The live Uniswap price today is $34.22 USD with a 24-hour trading volume of $888,258,314 USD. Uniswap is up 15.36% in the last 24 hours. The current CoinMarketCap ranking is #8, with a live market cap of $17,858,908,377 USD. It has a circulating supply of 521,835,076 UNI coins and a max. supply of 1,000,000,000 UNI coins.
The top exchanges for trading in Uniswap are currently Binance, Huobi Global, Upbit, OKEx, and BitZ. You can find others listed on our crypto exchanges page.
Technical Analysis:
the price is Rallying in a wedge and there are some retracement chances too but there exist a Hidden Bullish Divergence with MACD which is the sign of trend continuation.
overall we are bullish on this Token and there are 3 Targets defined
in case of Price Retracement to Fibonacci retracements 61.8% then we can target 2 TP
in case of Direct Rally to the 2TP followed by some Nominal Retracement and Price Correction then the 3 TP gets Confirmed.
UNISWAP - 2021 Buy OR SELL Signal FORECAST NEXTUNISWAP - 2021 Buy OR SELL Signal FORECAST NEXT
DAYLY trend chart
Technically we are still overall bearish and here are the two possible scenarios:
Buy level - $12 - $16
Stop loss $10. 40
Take profit 1 - $30
Take profit 2 - $40
Right here is price in a descending triangle with price about to test the next support level .
If price does not break the demand zone downward, then I expect a rise by 20% to $30.
What do you think?
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
UNIUSD and ETHUSDAn idea comparing two points. One that is in progress (UNI) and one that has already occurred (ETH)
The coins begun there lives with a V shaped structure that can be seen across the two (white rectangle)
The pattern though I believe is continuing further.
UNI gains would be massive if this is considered a viable comparison