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Uniusdt

UNIUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for UNIUSDT Here we have R2 and R1 as the resistance areas and they both contain the unsuccessful attempts of the price to rise. And S1 is our support line that represents the support of the price at some points. At the present, we have the fluctuation of price below R1 and we predict a little rise to this line and then here two scenarios will happen for the price. Either it will give us some confirmation candles and start a rising trend to R2. Or it is possible that the price loses the support and experience a fall to S1 or more. Remember that R1 is believed as a good area for saving profits. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
#Uniswap Rises 180%, UNI may expand to retest $14Past Performance of Uniswap Uniswap is currently up 180 percent from 2022 lows, inching higher as the crypto tide shifts to favor buyers. UNI is within a bullish breakout formation, adding 10 percent in the past 24 hours to confirm gains posted on July 27. From the daily chart, the odds of UNI further expanding and breaking higher above July 2022 highs remain high. #Uniswap Technical Analysis From the daily chart, UNI prices have strong support at the middle BB, bouncing from the dynamic support level and closing on retesting July 2022 highs. The primary resistance is around $9.7; buyers could clear this level, rising to April highs at about $14. Considering this possibility, traders may find entries to buy the dips with primary support at $8 with targets at $14 in the medium term. Any shift in momentum, forcing prices below this week's low and the 20-day moving average, may see UNI dump to $6. What to Expect from #UNI? Traders are confident, and UNI holders expect more gains in the days ahead. The rejection of bear pressure and the explosion of prices on August 10, following through on July 27, is massive for Uniswap. Based on the current setup, UNI could have more headroom in the subsequent session following steep, crashing losses in H1 2022. Resistance level to watch out for: $9.7 Support level to watch out for: $8 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
UNI up 83% after bull signal - Now 30% correction incoming?UNI pumped 83% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). Finding resistance from the grey block. In a possible bearish/correction scenario UNI might possibly drop 30% to 5.50 USD, completing wave 5 of the Elliot Wave (blue dotted lines). UNI is still in the Bullish Zone of the Ichimoku Cloud. The RSI is at 61, but I expect it to fall back into the range (40 to 60). RSI Brown is at 55. If we take a look at the Average Directional Index ( ADX DI), its starting to be bearish, as the green line is pointing downwards. Currently UNI is above its middle Bollinger Band, Band Basis 20 Period SMA. While it is below the LSMA . Remember to always take profits and use proper risk management! Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Like To Use: I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
by Kch28
UPDATE: UNI UP 83% after bullish signal - Ready for more 🚀UNI pumped 83% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). UNI broke out of the bullish Zone of the Ichimoku Cloud , which is bullish . The RSI is in the bullish zone at 69. If we take a look at the Average Directional Index ( ADX DI) its bullish . The +DI (Green Line) is above the -DI (Red Line). Although the green line is pointing downwards. The Trend Strength is still strong. Since the ADX (Orange Line) is above its 9 Period EMA (Black Line). Currently UNI is also above its Bollinger Bands Upper Band, Band Basis 20 Period SMA . A retrace within the Bollinger Band and the ADX pointing downwards, means a retrace is more likely. Note: UNI also hit the resistance (grey block). Waiting patiently on a bullish Supertrend Ninja signal served me well. Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Use: In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
by Kch28