UNISWAP → Dropping to $4.80? Let's Maximize Your Profits!Uniswap has had two major sell signals followed by a drop below the Daily 30EMA. We're now staring at the 200EMA and the $4.83 support, should we short here?
How do we trade this? 🤔
It's reasonable to short in this area o the 4HR or Daily chart. Use a small position size since we're a ways into the fall from the high, set a stop loss above the 30EMA and go for a 1:2 Risk/Reward Ratio down to the $5.20 area.
The price action is currently playing out a kings crown pattern; a massive bull candle, rough head and shoulders top, and a a massive bear candle retesting the support the bull candle started on.
💡 Trade Ideas 💡
Short Entry: $5.80
🟥 Stop Loss: $6.10
✅ Take Profit: $5.20
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Fell out of Bull Channel, Trend Reversed.
2. Fell below Daily 30EMA.
3. Gap to 200EMA and opening of Large Bull Bar.
4. RSI at 46.00 and below Moving Average, Bias to Short.
5. Watch for Bitcoin Trend Change at $46,000.
💰 Trading Tip 💰
The 30EMA and 200EMA ribbons are reliable support and resistance levels. They will often line up between timeframes.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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UNIUSD
UNI ANALYSIS (1D)We seem to be in a big wave B which consists of 3 ABC waves. Wave B of B looks like a diametric, now we are inside the g wave of this diametric. In the red box, the rise of this coin can end and enter the falling wave C.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
UNI - Wyckoff Accumulation SOS/LPS + Volume#UNI
I love to see these #Wyckoff Schematics play out, so profitable if you just add patience to your toolkit.
This is exactly what we want to see, after the breach of the heaviest #resistance on chart, then that coil up resting on top of the now #support followed by that retest with heavy #volume sling shotting PA into infinity.
If you missed the Spring and Adam & Eve at the bottom, and somehow all the signs before this, you still have time, you know what to do...
UNISWAP → Falling out of Bull Channel to $4.80? Let's Answer.Uniswap has fallen out of its Bull Channel and is surfing on the Daily 30EMA! After Bitcoins harsh selloff at resistance, is Uniswap and the entire crypto market about to reverse to previous lows?
How do we trade this? 🤔
Uniswap price action is currently going sideways in a trading range, a typical signal when a Bull Channel has come to an end. What we need now is a sell signal to confirm the price is going down and we need to look for it at the Left Shoulder high price of $6.86. If we get a strong sell signal bar and confirmation closing on or near their lows at that price, then we will have a Head and Shoulders reversal pattern playing out, giving us the necessary justification to short. Keep an eye on Bitcoins behavior as well to see if the general market sentiment is shifting.
My latest analysis on Bitcoins future here:
💡 Trade Idea 💡
Short Entry: $6.27
🟥 Stop Loss: $6.89
✅ Take Profit: $5.03
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Fell out of Bull Channel, Trend Changing.
2. May bounce off of 30EMA and attempt Left Shoulder Price.
3. Look for potential Head and Shoulders Reversal Pattern.
4. RSI at 50.00 and below Moving Average, Bias to Short.
5. Reasonable to Short if Sell Confirmation on Right Shoulder.
⚠️ 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!
UNISWAP → Bull Channel Continues! Price Target of $7.25?Uniswap is showing bull channel support and is indicating the price wants to continue upward toward the $7.25 range. Should we long here? Or is the previous channel resistance around $6.50 going to send us back to the depths?
How do we trade this? 🤔
It's reasonable to long now. We have a bull signal candle at channel support followed by an additional bull candle that's not as strong as we would like to see, but a bull candle nonetheless. It's reasonable to see if the current 4HR candle closes on or near its high before entering a long. Entering here and setting a protective stop below the channel support is ideal, take profit at 1:2 Risk Reward around $7.14 just before the Resistance Zone.
💡 Trade Idea 💡
Long Entry: $6.28
🟥 Stop Loss: $5.85
✅ Take Profit #1: $7.24
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Bull Channel, Bias to Long!
2. Bull Channel Showing Support.
3. Gap to Resistance Zone (Previous High).
4. RSI at 60.00 and above Moving Average, Bias to Long.
5. Reasonable to Long Here for best Risk/Reward.
⚠️ 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!
Uniswap → Down We Go! A Quick Scalp Opportunity Right Here.Uniswap has produced two strong sell signals and is setting its sights on the bottom of the bull channel and previous high of $5.62. We are still in a bull channel, so our bias should remain long. Should we Long or Short?
How do we trade this?
There is a quick scalp opportunity here. A scalp sacrifices Risk/Reward for Probability . In this case, we have several factors pointing to a pullback to channel support or the previous high at $5.62. Two pin bar bear signals, an RSI below the Moving Average, and Bitcoin failing to break Weekly Resistance.
Your position size should be proportional to your maximum loss amount for your account. Because the trade setup is a 1:1 Risk/Reward Ratio, size your position smaller than it would be if the Risk Reward were 1:2. You want to be able to run this trade 100 times and come out with a profit. If the probability of this trade is over 50% and you risk as much as your potential reward, the result is a positive dollar amount, making this a reasonable trade.
Trade Idea
Short Entry: $6.15
Stop Loss: $6.61
Take Profit: $5.69
Risk/Reward Ratio: 1:1
Key Takeaways
1. Strong bounce back into the Bull Channel.
2. Strong Sell Signal at Bull Channel Resistance.
3. Second Sell Signal at last Bar.
4. RSI near 50.00 and below Moving Average.
5. Short to $5.70.
You are solely responsible for your trades, trade at your own risk!
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Uniswap Bull Spike! Are we going back down to $5.70?Uniswap took off like a rocket after making contact with the 200EMA, going from $4.85 to $6.30, a nice 30% rip! We're now approaching the bull channel resistance, will we keep going up? Or will we see a rejection and fall back down to the previous support?
How do we trade this?
This isn't a reasonable to long or short this timeframe. The gap between the 200EMA and the bull channel resistance has been closed and if we're going to short, we need a sell signal bar and confirmation bar before we enter. RSI is near 80.00, a weak indicator by itself, but supports the other points of this analysis.
If the price breaks above the bull channel resistance and shows support, then it may be reasonable to long.
Key Points
1. Strong bounce back into the Bull Channel.
2. Price near Bull Channel Resistance.
3. Wait for a sell signal at Bull Channel Resistance.
4. RSI near 80.00, More Down than Up.
5. If shorting, reasonable take profit at $5.70
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
UNI/USDT: A Golden Opportunity for LONG TradeBINANCE:UNIUSDT just strated breakout from its long tested resistance in daily chart.
The price was reject at the resistance last 3 times and this time we see price breaking out from resistance (Breakout yet to be confirmed, it could be fakeout, wait for our confirmation before entering trade)
After this breakout we have an epic opportunity to for LONG trade with target price upto 20 USD.
Entry price: 6-6.2 range (we will update the idea once we enter the trade). wait for our confirmation.
Stoploss: 4.00
TP1: 7.0
TP2: 9.0
TP3: 12.5
TP4: 15
TP5: 19
Stay tuned for trade confirmation and more updates.
Please like and share your thoughts in the comments.
Cheers
GreenCrypto
UNIUSD Channel Down broke upwards but faces the 1D MA100.Uniswap (UNIUSD) broke above its 16-month Channel down, being the highest above the 1W MA50 (blue trend-line) since November 2021. This legitimate bullish reversal rally now faces the most important (and final) Resistance of the Bear Cycle, the 1W MA10 (green trend-line).
With the 1W RSI on a huge Bullish Divergence (as it trades within a Channel Up against the Channel Down of the price), if we close a 1W candle above the 1W MA100, we will buy and target 7.9000 (0.786 Fibonacci level) and 9.8000 (1.0 Fib) in succession.
Until this 1W MA100 break-out takes place, we are bearish, targeting 4.4000.
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Uniswap at Resistance! Is a Drop to $5 Inevitable?Uniswap is up against the previous channel resistance around $5.50 after falling back down to $4.85. The last attempt to break $5.50 ended in a triple top, this may be a last attempt and with a failure, could lead to another pullback to the bottom of the trend. Bitcoin is currently at risk of a pullback as shown in my 4HR and Weekly analysis. Being a leading indicator, it is another data point in our trade decisions.
How do we trade this?
A short is risky without a sell signal, and a long is risky because we're at resistance. We're also in a bull trend so the probability of profit is less when shorting. Better to wait for more price action before entering a trade.
Key Points
1. Bull Channel, our Mode of operation should be "Always in Long"
2. The price is currently at a Previous Resistance Level
3. Bitcoin as a leading indicator, is at resistance
4. A Pullback to $5 is likely
5. Wait for more price action
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
Bitcoin decopule with US10Y ? Where to look in bull cycle ?It has been commonly accepted that when yields and rates rise then higher risk assets should fall in value as money is tempted by yield returns
This relationship seems to be getting tested as Bitcoin and US10Y moves up together. It does give impression that bitcoin is not as risky as potentially imagined and can be seen as a flight to safety or "quality" to quote Fink.
If bitcoin continues then it is commonly accepted that it will lead out smaller caps in the cryptosphere
Its important to note that Bitcoin (on average) moves first. Why this is important is because it flies in the face of those who say Bitcoin will give less return then 'X' coin because in the very end X will ultimately move up more in % terms. However, if Bitcoin (on average) leads out the rest then the opportunity to reallocate lays mostly with those holding bitcoin. If you have to wait and watch as the rest of the market booms to see smallcap X coin eventually make its move.. then you have little chance of redistribution and any compounding. Whereas Bitcoin holders can take profit during btc move and redistribute into smallcap X coin pre its own breakout and essentially compound growth in that cycle.
Where after Bitcoin?
I believe that safe bets beyond Bitcoin that will move well post bitcoin runs are the sub sector monopolies within the cryptosphere. Coins that dominate their sector. Clear example is Uniswap's UNI.
UNI ☀️ Ahead; Slightly Bullish Trend Over 24-Hr Horizon Cloudy ☁️, slightly bearish trading conditions will linger over the global crypto market in the next 24 hours. Sunnier ☀️ slightly bullish conditions will, however, prevail over Uniswap, Cardano, and Chainlink, according to ATTMO’s forecasts.
Over a one-week horizon, a mixed picture arises. The sun ☀️ will return and shine over Bitcoin, Litecoin, Cardano, and Uniswap. Other altcoins including Ether, XRP, and Binance face bearish clouds ☁️ and downside risks. Avalanche may even face stormy ⛈️ trading conditions, signaling the risk of a very bearish trend.
Follow us for more crypto weather reports!
UNIUSDTThe conditions of the BINANCE:UNIUSDT are as follows:
Over the past 50 days, we have witnessed an uninterrupted 85% price growth.
Most of the resistance lines we assumed for UNI turned out to be weak, and the price easily surpassed them.
However, now we are approaching the 0.786 Fibonacci retracement level, which is located at a price of $6.75. In my opinion, this point, or $7, could potentially lead the price back to $6, and then $5.30.
At the $6 price point, we have strong support. However, between $5.80 and $5.35, there is a fear value gap(FVG), which could guide the price to those points and cause a price drop.
Also, in the 4-hour timeframe, we are witnessing a divergence in the RSI (Relative Strength Index) indicator, which can be an initial signal of a trend reversal.
But we need to wait and see how the market reacts to the $6.75 price level.
Ultimately, everything depends on the overall market conditions.
Uniswap UNI price price is accelerating, how long will it last?It seems that in early June, the UNIUSDT price did manage to break out of the prolonged downward trend.
Well, we're keeping our fingers crossed that buyers will be able to accelerate the growth even more. Buyers have a "difficult path" ahead of them, as there are strong liquid zones above, where there will be many people willing to sell their UNI, which is lying around in their crypto portfolio and weighing it down with its price drop.
The first critical level from above is $7.50. This is where the first "serious struggle" between buyers and sellers will begin. The outcome of the battle will determine which route the UNIUSD price will take next - white or blue.
One way or another, the medium-term target, where we believe the price of the Uniswap token will sooner or later reach, is in the range of $12.25-13
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✴️ Uniswap Clear Bottom Signal, Long-Term Higher LowOk... Let me explain my thinking to you, my dear friend, behind this chart.
✔️ Fundamental analysis
Uniswap is a DEX and that's a point in favor.
Since all the CEX are under attack, people are starting to appreciate the benefits of DEX but that's not all, the chart is what really matters because fundamentals can be good and prices go down, fundamentals can be bad and prices go up; It is more based on market cycle rather than everything else.
But being a DEX is a point in favor specially in 2023 now that the Cryptocurrency market is 14 years old and growing.
Many people have experience and love to diversify, for security, for protection, for ease and peace of mind. Great choice, this is wise.
✔️ Technical analysis
The bottom signal is absolutely clear in June 2022 with the Inverse Head & Shoulders, or simply three drops before a recovery takes place.
Fast forward 1 year, the biggest attack in the history of Cryptocurrency and Uniswap produces a strong red candle 10-June and starts to recover right away.
In the past we had this complex recovery pattern, in the present we get a simple "v shape". The law of alternation once more.
We have multiple days green, straight up and a year long higher low.
Last year the June bounce lead to 193%.
Since we have a higher low in place, this time it can be better.
I want to buy this one with a bunch of X... If you can do it, make a plan and go ahead.
Namaste.
Uniswap outperforming today Uniswap is exhibiting exceptional performance today, showcasing a bullish breakout and setting its sights on reaching the 6.5 level. The probability of achieving this milestone significantly increases if we manage to surpass the critical threshold at 6.22. However, if we fail to maintain stability around the 6.0 mark, it would be wise to anticipate a support retest at the 5.7 level. NFA