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Uniswaptoken

Bullish pattern apparent will can it break out?The current situation: 1. An inverse head and shoulders pattern is apparent on the 1HR chart, with the neckline at about 3.45 USD and the measured breakout target to be at about 3.75 USD. Currently the immediate resistance is the 12HR 21MA, above which the price action has not closed above since September selloff. The bullish case: a solid 12HR candle close above the 21MA will make a convincing case that the downtrend may be broken and this is the start of a reversal. The bearish case: a rejection at the 12HR 21MA and the price action falls back below the 1, 4 and 6HR moving averages it just gotten above. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSDLong
by CryptoRush_
Short-term bearish signs apparent - watch THIS level of support The current situation: 1. A head and shoulders pattern is apparent on the hourly chart, the neckline of the pattern is at about 3.17 USD, which is also where the hourly 21MA is. The measured target of the breakdown is about 2.87 USD, but there are a few moving averages below the current price action that can act as support. The bullish case: an hourly close above 3.45 USD should convincingly negate the head and shoulders pattern, but do mind that there are still 4HR 50MA and 12HR 21MA right above it that are acting as resistance. The bearish case: if the price action breaks below the neckline can signal a possible breakdown towards 2.87 USD. If price action breaks below the 4HR 21MA, which will be the last MA acting as support once the hourly 50MA gets above it shortly, that can be a signal for lower price action. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSDShort
by CryptoRush_
7
The UNIUSDT completed amazing bullish setupHey friends hope you are well and welcome the new update on Uniswap token. Priceline of UNI token has broken down all SMAs on 4-hour chart with the time period of 25, 50, and 100. The price action is moving in a down channel and making a strong attempt to break out. In order to change the trend from down to up we need a breakout from this channel first. On daily chart the candlesticks are moving below the exponential moving average 10 and EMA 21. Once the price action will be closed above these two EMAs and the EMA 10 will form a bull cross with EMA 21 then a strong bullish rally can be started: The priceline of Uniswap has formed bullish Gartley on the daily chart as below: the targets as per Fibonacci sequence of Gartley are: Potential reversal or buying zone: $3.92 to $2.64 Fibonacci projection or Potential sell zone: $4.94 to 7.42 Conclusion: We don’t have sufficient indicators and moving averages available for Uniswap because it is new token. Therefore this analysis is maximum based on patterns. We should use the maximum extent of potential reversal zone of Gartley as stop loss because if this PRZ level will be broken down then the price action can move more down for the completion of bullish Butterfly move.
Long
by moon333
2
Looking like another failed reversal - are we going back down?The current situation: 1. Price action previously had gotten back on top of the hourly 21 and 50MA, which looked like it could've been a start to a reversal, especially with bullish double divergence apparent on the 6HR chart. Since then, it had been rejected at the 3 USD level and now has formed a head and shoulders pattern on the 15M chart, which is bearish. The measured target of the pattern is about 2.6 USD from the neckline at about 2.8 USD The bullish case: price action gets support by the hourly 21 and 50MA, which is currently near the neckline of the head and shoulders pattern and retries the $3 level. The bearish case: price action breaks below the neckline towards the measured target. *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSDShort
by CryptoRush_
2
UNI/BTC (Bearish Key Support Break?)💎Technical Analysis Summary💎 BINANCE: UNIBTC -UNI broke key support area and retested as a new resistance zone -This is looking Bearish in the midterm in terms of price action -If this small Bear flag confirms the downward direction -The next key area of support is located at 29000-27000 sat A big Thanks for donating 💰 via Tradingview coins this week to seba26-77 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` If You Like My Daily Published Ideas 👍 A little Help By Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading! ➡️ Thank You! 😊 ``````````````````````````````````````````````
by PolarHusk
3
Big move expected soon which way will it go?The current situation 1. A descending triangle is apparent on the daily chart, which has a 53% chance of breaking upwards and the (conservative) target if it breaks upward is about 7.5USD. 2. Bullish divergence is apparent on the 6HR chart, but not exactly in oversold territory on any of the major timeframes so it can still go both ways. The bullish case: price action does need get above 4.6USD to make a very convincing case of a breakout and a reversal. All the major moving averages are at about 4.6 or lower, so breaking above this level will also get price action above all major moving averages again, which is a good sign then. The bearish case: Another dip below the bottom trend line will be a bad signal to start. But if price action closes below the bottom trend line on the daily, this will be a convincing bearish case as this will be a new low in the current down trend. *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSD
by CryptoRush_
5
UNISWAP - Time to buy again?It seems like the downmove is close to its end, which makes me feel bullish regarding the UNI token, again... I see similar situation as before, at the last bigger up-move. On h4 the MACD is trying to turn back to the green zone again, slowly, while on h1 the price is about to draw a clean and strong continuous divergence. If it all happens, that will confirm a buy signal at around $4.000 or somewhere in the $3.9 - $4.2 zone. What do you think?
FTX:UNIUSDLong
by dominikredenczki
4
Bulls did not show up - expecting lower price actionThe current situation: 1. Price action had a double bottom apparent yesterday, 9/29, as highlighted in green, but did not end up reversing. It closed back on top of the 0.786 Fib level but did NOT hold. After, has formed a double to instead with the neckline at about 4.15 USD and a measured target of about 3.85 USD. The measured target of this double-top pattern is in more agreement with the measured target of the bigger head and shoulders pattern as seen. 2. There was bullish divergence on the 1HR chart, but it looks like it did play out and got rejected by the hourly 21MA. The bullish case: I would look for a bullish engulfing candle to be a good start. Since bullish signals on the smaller timeframes have been invalidated, seeing it on a higher timeframe such as the daily may be more confirming. The bearish case: the next level of support is at about 3.85 USD. If this level does not hold, price action can continue downwards to about 3.15 USD, which would be a full retracement. *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSDShort
by CryptoRush_
3
Breaking above THIS level can mean more bullish price actionThe current situation: 1. Price action has formed a double bottom on the 1HR chart, which is a bullish pattern with the neckline at about 4.45 USD and a measured target of about 4.75 USD. Currently, the 1HR 50MA and the 0.786 Fib level (the gold line) are acting as resistance. 2. There is bullish divergence on the 4HR chart so it could be a catalyst for a reversal IF it plays out. The bullish case: price action has to break above the neckline at about 4.45 USD, at which there will be an S/R flip of the 0.786 level. The bearish case: price action gets rejected at the 0.786 Fib level at about 4.35 and continues downward. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSD
by CryptoRush_
5
Bearish pattern apparent watch out for this level of supportThe current situation: 1. A complex head and shoulders pattern is still apparent on the 1HR chart and price action has fell through the 6HR 21MA, which has been acting as strong support for the past few days since price action gotten on top of it. The neckline of the pattern is at about 4.7 USD and the measured target is about 3.8 USD. The next level of support if price action breaks down is the 0.786 Fib level at about 4.35 The bullish case: price action needs close back on top of the 6HR chart in order to start looking bullish again to retry the resistance at 5.25 The bearish case: price action breaks 4.7 and goes towards the Fib level at about 4.35 *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSDShort
by CryptoRush_
2
Failed breakout - watch out if THIS level of support breaks The current situation: 1. The price action previously failed to break out of the ascending triangle that was in (see my previous posts) and now it looks bearish as a head and shoulders pattern is more apparent on the 1HR chart. The price action has also broken below the 4HR 21MA and now the moving average that is acting as support is the 6HR 21MA. This is also at about the neckline of the head and shoulders pattern, with a measured target of about 3.8 USD The bullish case: 1. The price action bounces off the 6HR and retry the resistance at about 5.25 USD The bearish case: 1. Price action breaks below the 6HR 21MA, under which the next level of support is the 0.786 FIB level at about 4.35 USD *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSDShort
by CryptoRush_
Failed breakout but another retry looks to be on the wayThe current situation: 1. Yesterday, 9/24, price action attempted to break out of the ascending triangle as shown but had failed and got rejected at about 5.55 USD. Now it has retreated back to the 1HR 50MA at about 5 USD as support and the bottom trend line is now adjusted for a bigger ascending triangle. If price action breaches the 1HR 50MA, the next level of support is the 4HR 21MA followed by the 6HR 21MA. A complex head and shoulders pattern also apparent on the 1HR chart, so this should be paid attention to in case the bulls do not hold up the price. Looking at the price action from the 6HR chart, this is still appears to be a bullish setup as price action broke the 21MA and now is retesting it as support. The resistance to break is still the FIB level at about 5.25 *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSDLong
by CryptoRush_
3
Breakout looking more promisingThe current situation: 1. Price action has broken out of the falling wedge and now has formed an ascending triangle subpattern. The measured target of the breakout from the ascending triangle, at about 6.5 USD, is still within the breakout range of the bigger falling wedge, at about 7.3 USD There is no other moving average acting as overhead resistance at this time as price action is above all moving averages available to show at this time. Therefore, FIB levels (gold lines) are the resistance to be paying attention to in my opinion. 2. RSI is not overbought in any of the hourly timeframes, so there is room to run if price action trends upwards. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSDLong
by CryptoRush_
6