UNI, Uniswap - buy only after that👇🏻The coin didn't show growth after the last BTC growth yet. We have a clear local resistance line 28,87. But I think it's not the safest place for buying. Only after breakout second resistance line and retest, I'll buy a position. As always with SL.
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P.S. I personally will open entry if the price will show it according to my strategy.
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UNIUSD
UNI - 4h. Strong Token Prepares for 30% GrowthIn very different ways, altcoins have experienced a massive wave of declines in the crypto market. Some strong projects did not fully meet the expectations of investors and showed a weak rebound in prices after May 19. Today we are going to talk about Uniswap (UNI) . As we can see on the chart, buyers managed to quite aggressively respond to sellers on their downward wave. Of course, like all other coins, the price of UNI fell by 70% , which is considered an average. However, if we look at the UNIUSDT chart today, we see that buyers are very interested in this token. It is also perfectly visible on the daily timeframe:
Please note that for two days the sellers are trying to force their game on the UNIUSDT market. However, buyers are actively buying back every UNI fall and do not allow the price to enter the important liquid range of $ 21-23.
The secret of this coin's success is in its chart paired to BTC. The thing is that UNIBTC is one of the few charts among crypto coins that shows a rise or at least a stop in price:
Globally, UNIBTC buyers were able to keep the price within the black channel. This was a good signal for the return of capital to the UNI market. With this in mind, we would choose this coin for a potential upside trend as a strong one. However, no more than 30% of the price movement. The growth target is the range of $34-36.
P.S. Our global UNI idea:
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DOT: Something like thisCould play out this way - DOT is currently in a descending wedge which is a reversal pattern and on the 1H timeframe is inside an Inverse H&S - which combined with the descending wedge means we should rise back to the previous local highs if everything plays out accordingly.
TP1 $53
Uniswap (UNI) - May 21Hello?
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(UNIUSD 1D chart)
You should watch for any movement that deviates from the 22.11036180-28.836657176 section.
In order to turn to an uptrend, it must rise above the 35.56278172 point and gain support.
However, it remains to be seen if it can rise above the 28.83657176 point and move sideways.
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(UNIBTC 1D chart)
We have to see if we can get support and ascend in the 61028 Satoshi-63445 Satoshi section.
If it falls at 61028 Satoshi branch, you can touch 48994 Satoshi branch or lower, so you need Stop Loss to preserve profit and loss.
However, you can hit the 53565 point and go up, so you need to trade carefully.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Uni 1D Where globally can fallFor more than 4 months we have not made a global idea according to the UNIUSDT schedule
It's time to correct this not justice)
For 3.5 months, the UNIUSD price was moving in channel upward from border to border. And tonight they broke this channel down, of course, that the negative on the cryptomarket helped this.
On the positive side, the UNI price drop occurs without abnormally large volumes.
If this trend continues without volume, then the UNIUSDT price should not fall below $22 . From this level it would be good to see an increase in trading volumes and buyback of a fall, the chart should turn into consolidation with a continuation of the rebound at least to $32.5-36
If the negative on the cryptocurrency market continues , and the trend itself finally turns into a long-term correction, then from below the price of the Uniswap project token will be met by two zones: $13-14 and $9-10
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UNI - $82.99UNI is currently trading close to the resistance zone at $36.40. It has a good support at $31.69. If UNI can break the resistance at $36.40 and flip it to support, we could start seeing a move towards $39.25, $41.56 and $44.44. The resistance at $44.44 is an important one. If UNI can break this resistance and flip it to support, we could start seeing a much higher move towards $47.16, $51.34, $63.43 and $82.99. Long at support of $31.69 or breakout of resistance of $36.40.
Stop loss should be kept below $31.69. If this support breaks, it could lead to a drop towards $27.76 and $24.85.
UNIUSDT LONG📈✅Everything clear in the chart with all possible SUPPORTs and RESISTANCEs, and clear direction as we are in Bottom of strong bull channel
Whoever missed this, it is time to jump in beautiful ascending trend within nice channel
There are different scenarios to enter this setup which clearly you can decide why with which scenario to open BUY position in what areas ... completely depends to your strategy and type of trading style!
Make sure you is we break channel to down we have to more conservative in BUY position ofc with nice stop and nice R:R
Lets see how this beauty moves ...
Any question here to answer @FxShzd
Good luck ✅👌🏻📈
UNIUSDT UPDATE!!!!1Hi Traders,
UNI is looking good for a LONG very soon. Price could either break straight up or we could see a test at the pivot for a fall in price within the zone to then break up and create a new high!
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
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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!