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UNIUSD

UNIUSD Potential for Bullish Continuation | 1st February 2023Looking at the H4 chart, my overall bias for UNIUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for an immediate buy entry at 6.571, with price within an ascending channel and recently reflecting off the bottom of it. Stop loss will be at 5.981, where the recent low is. Take profit will be at 7.791, where the previous swing high was. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
COINBASE:UNIUSDLong
by FXCM
UNIUSD Potential for Bullish Continuation | 1st February 2023Looking at the H4 chart, my overall bias for UNIUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for an immediate buy entry at 6.571, with price within an ascending channel and recently reflecting off the bottom of it. Stop loss will be at 5.981, where the recent low is. Take profit will be at 7.791, where the previous swing high was. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
COINBASE:UNIUSDLong
by Rockqet
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
RLinda ! UNIUSD-> Wedge, Cup & Handle, what does that mean? UNIUSD is forming an interesting situation. Wedge, top and handle, resistance breakout, what could this mean and what to expect next? The coin has been in a downtrend for a long time, today the price goes into the green zone and moves behind the bitcoin, which forms the high of the last few weeks. I marked a downward wedge, at the end of which the price is forming a "cup and handle" pattern. As we can see, the price breaks through the wedge resistance and the cup resistance of 5.41 and momentum is forming. A long channel and upside potential to 5.99 is open. I assume that after the final fixation of the price in the long zone we may see the formation of a strong bullish momentum. The first target is the resistance of 5.99, the second target is the liquidity zone of 6.49. The medium-term target is the peak of 7.756. Regards R. Linda!
BINANCE:UNIUSDLong
by RLinda
20
Strength of buyers and buying pressureUNI had a good price increase last week. Consecutive ascending candles, each closed above the previous candle, can signify the strength of buyers and buying pressure. A range channel was drawn on the chart in the previous analysis, which we expected to break from the bottom. This happened, but because there was an important support in the range of the previous lows at the price of $5, it prevented further declines and moves as wide as the channel range. The rising wave that broke the resistance of the previous ceiling can change the trend in the 4-hour time frame. So with a high probability in case of price correction, we can expect support in the range of 5.10 to 5.14 dollars and a strong positive reaction from this range. However, closer support is considered in the range of $5.30-$5.38, which is less powerful but highly valid. Short-term targets are also considered in the range of $6.
by MonoCoinSignal
12
uni 3s up, 5s downStill looking for this asset to go lower. BUT first want to see a move away from the current price to keep the impulse on the lower degree valid. If it does invalidate the impulse down, would be looking for some sideways style correction. Only reached a bit past the .80 of the proposed wave A. but would still keep a flat as a possibility. If you have found this inspiring/helpful please consider a boost and follow! Also check out the links in my signature to get to know me better! Cheers!
COINBASE:UNIUSDShort
by CryptoKnee
Fake breaking?!During the last week, UNI has registered a range below the resistance range of $5.95 to $6.35. The selling pressure observed in this currency in the past weeks has caused the price trend to change from upward to downward in the daily time. Considering the general situation of the market, the possibility of further price reduction and return to lower supports is more likely. In order to determine the fluctuation situation more precisely, we can consider a short-term ascending channel below the resistance in the 4-hour time frame. The breaking of the bottom of the channel in the range of 5.71 to 5.76 and the closing of the 4-hour candle below it can be a sign of continuing the downward trend and moving towards the main supports. The first support is in the area of ​​the previous floor at the price of $4.72-$5, but if the price hits this area with an upward slope, the probability of breaking this support will increase. In this case, the second support, which is considered in the range of 2.96 to 3.5 dollars, can be the second target of the sellers. With a very high probability, we expect a positive reaction from this area, especially at the price of $3. So, we conclude that if the selling pressure is high, there is a possibility of the failure of the previous fake floor in the weekly time frame.
by MonoCoinSignal
1
💡Don't miss the great buy opportunity in UNIUSD @UniswapTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.25). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . UNIUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 60. Take Profits: TP1= @ 6.70 TP2= @ 7.05 TP3= @ 7.37 TP4= @ 7.53 TP5= @ 7.79 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
1
💡Don't miss the great buy opportunity in UNIUSD @UniswapTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.25). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . UNIUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 56. Take Profits: TP1= @ 6.70 TP2= @ 7.05 TP3= @ 7.37 TP4= @ 7.53 TP5= @ 7.79 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
1