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UNIUSD

UNI/BTC (Consolidation or Continuation Pattern?)BINANCE: UNIBTC -After a strong uptrend since released, UNI is now trading inside a channel -This channel will decide if the market will continue higher or not -If this consolidation is a continuation pattern or Bull flag -I recommend buying the breakout confirmation with stop loss inside the channel -But if the price broke to the downside of this pattern -Wait for the support retest for possible short entries `````````````````````````````````````````````` 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
22
Still short term BULLISH and this is whyThe current situation: 1. Price action does look like it is forming what I predict to be a symmetrical triangle on the hourly chart. It has breached the 15M and 30M 21 moving average, signaling that we may need to fall back on a higher time frame before any upward price action is possible. Looking at both the 15M and 30M chart, it is apparent that their 21 moving averages have been supporting the price action several times, when price action dipped to and below those levels before another leg up. However, it has NOT done that on the hourly yet so I am eyeing the hourly 21 moving average as the dip before more upward price action. RSI: there was bearish divergence on hourly chart, which may be driving this pullback to the next level of strong support and guess where that would be? There There is still possible bearish divergence if an equal or higher high is made on the 15M chart, as the last high on there made an RSI reading of about 82. So that is something look out for because it could be another strong pullback if it plays out. * 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_
13
DONT BE FOMO - BY UNISWAP - CHECK HISTORY 1B COINS - MATIC-ENJINDont be fomo - at coin that are 1B max supply, and at this moment with low CC supply, means at time the cc supply will become higher it can breakdown huge when its high. this fomo just made by the name, take the example of enjin coin, a great game company, and the before example of the hype of matic network --- where are now that high price? this coin can increase more as said before with the fomo but This coin can also broke more people with breakdown. TRADE SAFE! study the trend before entering.. think about the totally supply, and what this coin offers.. It will be not big news if Uniswap back to 2-3 usd soon. Have good time all (: Follow for more updates. Thank you
Short
by Protixder
8
UNISWAP - looks to breakdown to low area - Protixder trend!depending on new chart study looks that uniswap will breakdown. We have seen some fomo effect, this same effect we have seen before also with Matic. totaly supply 1B - what means now cc supply are low, but with time it wil become more, and this will make the price more cheaper -- see the story of Matic network. Have good time # dont take this as trading advice, trade on your way, and make your own study, this are only my personally expecting about UNI. Have good time all (:
Short
by Protixder
1