UNIUSD
UNI / BTC ( nice bullish reaction at support)UNI / BTC
Nice reaction at previous bottom (potential double bottom in formation)
We can see bullish rally from 0.00012 to 0.00016
The price already broke out the trendline
If this pattern successed the potential gain from support is up to 80% or more
The only risk factor is BTC dominance keep increasing but daily close above trendline will add more confirmations for continued Bullish wave
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UNIUSDT (Channel Breakout)#UNIUSDT Technical Analysis Update
Channel Breakout
UNI/USDT currently trading at $4.30
LONG ENTRY level: $4.00 to $4.30
STOP LOSS: 3.45
Resistance level 1 (Target 1): $5.50
Resistance level 1 (Target 2) : $8.00
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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UNI-4h. Buyers win this game!Today's idea is to continue the previous game of ping pong between buyers and sellers.
On December 24, buyers withstood the blow and retained control of the $3.22. Consolidation in the UNI market continued and a new attack on buyers began.
To date, buyers have looked rather weak. Trading volumes were low, the nature of the rise in UNI prices resembled a correction before a new momentum.
Today, however, updating BTC's historic high has inspired UNI buyers to do the same. UNI's high-volume price has pushed the upper limit of global consolidation. The chart shows that the probability of continued growth to $5.18 is very high. Buyers are now fixed in the critical range of $4.1-4.2. We are waiting for the reaction of sellers.
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Uniswap: An Opportunity for a BreakoutIn this analysis, I take a look at Uniswap (UNI), and its probability of a breakout, using a technical approach.
This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
Analysis
- To begin with, we can see that prices are forming higher lows near the ascending trend line support marked in blue
- The 0.236 Fibonacci retracement support has held
- Prices have consolidated within a inverse head and shoulder pattern, which will serve to be a continuation pattern
- A breakout through the neckline is anticipated, with a target near the 0.786 Fibonacci retracement resistance
- The Relative Strength Index (RSI) is at neutral levels, demonstrating strength, and potential for a breakout
- Both the Moving Average Convergence Divergence (MACD) and the Wave Trend Oscillator demonstrate increasing momentum and a golden cross
Conclusion
Considering that this particular altcoin is less negatively affected by Bitcoin's bullish movements, and that its technicals demonstrate a 60% upside, I believe that a breakout could be in play.
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UNIUSD H16: BEST Level to BUY/HOLD 65% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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UNIUSD H16: BEST Level to BUY/HOLD 65% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: UNIUSD 16hour chart review
::: updated/revised outlook
::: buying low still makes sense
::: chart looks good /strong
::: some resistance overhead
::: expect pullback off 4.20
::: expecting short-term pullback
::: BULLS BUY any pullback/dips
::: TP bulls +65% gains
::: BULLS get ready to BUY after pullback
::: TP bulls is +65% gains later
::: expecting a run up soon
::: FINAL TP is 65% gains
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW 3.50 BUY/HOLD
::: TP BULLS +65% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BULLS
Uniswap UNIUSDT - Bull flag, - We can see consolidation in this bullish flag / parallel channel
- Target 1.618 fib extension OR 5 Elliott waves OR top of the yellow channel
- Elliott Waves Theory is very useful for UniSwap coin from my experience
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UNIUSDT (UNISWAP) Resistance Breakout#UNIUSDT Technical Analysis Update
Resistance breakout
UNI/USDT currently trading at $3.60
LONG ENTRY level: $3.55 to $3.65
STOP LOSS: 3.20
Resistance level 1( Target 1): $3.90
Resistance level 2 (Target 2 ): $4.16
Resistance level 3 (Target 3 ): $4.40
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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UNIUSDT forming bullish Butterfly | Upto 55.5% move expectedOn daily time period chart, the price action of Uniswap (UNI) is completing final leg of bullish Butterfly and soon it will be reached in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of Butterfly pattern should be as below:
Potential reversal or buying zone: $2.81 to $2.43
Sell or Fibonacci projection zone: $3.10 to $3.79
Stop Loss:
The potential reversal zone area that is up to $2.43 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 55.5% and as per the above-mentioned stop loss, the loss possibility is 13.5%.
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.
UNIUSDT - Bullish Flag Formation Signaling A Move Higheror is it a trap for bulls?
Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend. Another variant is called a bullish pennant, in which the consolidation takes the form of a symmetrical triangle. The shape of the flag is not as important as the underlying psychology behind the pattern. Basically, despite a strong vertical rally, the stock refuses to drop appreciably, as bulls snap up any shares they can get. The breakout from a flag often results in a powerful move higher, measuring the length of the prior flag pole. It is important to note that these patterns work the same in reverse and are known as bear flags and pennants. Bull flags have been rare over the last few months of 2008, but they have been beginning to surface in conjunction with the recent market rally.
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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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UNI 12h Trading delta suggests big saleLooking at the previous idea , we see that the fall started after the high $4.49 , as we expected.
In this idea, we have corrected the falling channel, all levels have remained unchanged.
The most positive scenario that is currently being seen is a correction to $3.65.
Our personal opinion is that the fall is inevitable. After fixing the price below $3.27 , sellers will start to push much harder. The target for December is in the zone of $1.90-2.00.
We will revise and edit this idea if the price confidently fixes above $3.65.
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