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Uniswaptrading

UNISWAP → Failed to Break Out of Trading Range! Short Again!?Uniswap failed for the 4th time in 19 months to break out of the Trading Range between $4.00 and $7.30. Are we primed for yet another short? How do we trade this? 🤔 If you followed my last Uniswap analysis, there was a great 1:2 Risk/Reward short opportunity on the Daily chart: The initial chart failed to play out and was premature to the rip just above the trading range resistance at $7.30. The price soared to $8.25 then fell back into the range for another failed breakout. The trade from that failed breakout was a success! Now that we're back in the range, we need to wait for another sell opportunity to enter our short position. Zooming into the Daily candles, we need the price to pull back toward the trading range high around $6.90 and have another strong bear candle present itself: We also need to ensure that the RSI stays above 50.00 and ends up below the moving average, giving us proper support of the price action analysis to enter our short trade. Until then, it's best to wait on the sidelines for that setup. 💡 Trade Idea 💡 Short Entry: $6.85 🟥 Stop Loss: $8.55 ✅ Take Profit: $5.150 ⚖️ Risk/Reward Ratio: 1:1 🔑 Key Takeaways 🔑 1. Failed to Break out of Trading Range 2. Strong Bull Bar Closing Near its Low 3. Found Some Support at 30EMA 4. RSI at 54.00 on Moving Average 5. Watch Bitcoins Price Movements at $46,000. 💰 Trading Tip 💰 Trading Ranges are two-legged traps for both bulls and bears. When the price rises toward the trading range resistance in two legs, the bulls expect more but don't get it and drive the price down when their trades are exited. The same goes for the bears in the opposite direction. The probability of profit is higher when longing the bottom of a trading range and shorting the top. In the case of this Uniswap chart, this trading range started after a long bear run, so it's reasonable to have a bear bias and short the trading range until its broken successfully. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
COINBASE:UNIUSDShort
by TraderEngineering
Uniswap: Shake a Leg! 🦵Uniswap should shake a leg now and start moving upwards. The altcoin should push further off the lower edge of our pink trend channel, where it has recently finished wave d in magenta, and soon make it above the resistance line at $9.82. There, our crypto-friend should climb into the turquoise zone between $13.03 and $16.03 to complete wave e in magenta as well as wave 4 in turquoise. Afterward, we expect Uniswap to head southwards again. The altcoin should return below $9.82 and continue the descent until the support at $3.33. Shortly before this mark, it should stop, though, to conclude wave 2 in green. However, there is a 33% chance that Uniswap could slip below $3.33. In that case, the altcoin would develop wave alt.2 in green earlier (and lower).
BINANCE:UNIUSD
by MarketIntel
1
UNISWAP the last chance (bottom) and the range market 📖💡👌Hello 🐋 Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️ we expect to see gain besides the range market is acceptable scenario too 📖💡🚀 and if the price break the rang area to the upside, we will see more gain 🚀 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
COINBASE:UNIUSDLong
by MadWhale
2
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 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:UNIUSDShort
by VantageMarkets
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. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
3