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Uniusdt

UNIUSDT (Uniswap) - Coin of the Week Uniswap is a well-known decentralized trading system that helps automate the trading of decentralized finance (DeFi) tokens. An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading. Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges. Uniswap came about as a plan to introduce AMMs on Ethereum to a wider audience. The platform’s creator is Ethereum developer Hayden Adams. Technically, the structure that UNI is making is “trapped” between the resistance marked on the chart and the low that it made on the 23rd of May at 13 USDT. If the price breaks the blue trendline the highest probability move would be a continuation to the low. If the price stays above it (blue trendline), we can see it touching the resistance zone. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
by financialflagship
10
UNIUSDTHello to you all. Mars Signals team wishes you high profits at all times. We are in a 4 hour time frame. As you can see, the price is fluctuating within the channel. We approached the canal ceiling and a good range for those who bought at lower prices to save. And if the price goes up and the price breaks and stabilizes above the line, we enter the trade for the above goals. We have identified resistance and support for you. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
by MarsSignals
KSM: Bullish Descending Wedge PT1 $540KSM is in a bullish descending wedge structure on multiple timeframes and a breakout if it is to occur - which I have high confidence in considering BTC printed a 5D DragonFly Doji candle on June 10th and should last with bullish momentum for the next 3-6 5D candles. The first target is the top of the wedge structure at $540. From here we will have to revisit our assumptions and re-evaluate BTC. The Fibonacci Timezone suggests that June 20th is a key date and could be when we see the PT1 hit for KSM. At current prices this trade offer 46% upside in a matter of days if target is met. There is also Hidden Bullish Divergence on daily TF still - price made a higher low and RSI made a lower low.
KRAKEN:KSMUSDLong
by ich1baN
KSM: Extremely Strong Buy Zone As long as BTC doesn't dump hard here KSM is in an excellent position if you haven't bought in yet or if you want to add to your positions... this is imho one of the more wildly undervalued projects in the entire crypto space along with PolkaDot (DOT). KSM and DOT are essentially the same except KSM is 4x faster (and has 1/10th of the supply) in its relay chain speed but both will scale to 100k TPS with parachains (launching literally now) and eventually up to Gavin Wood's theoretical limit of 1M TPS all without layering solutions. KSM is the EXTRA entrepreneurial version of DOT. Strong Buy Zone Buying b/w here $390 and $375 is a VERY safe long if you're going to swing trade this but even better if you're going to HODL for the long-term. The orange lines drawn are two zones that KSM previously visited in a consolidation period that lasted 1-2 days before rocketing higher. Expect a very similar move as the market mispricing in the fundamentals of KSM and DOT combined - there are some large players accumulating KSM and DOT as can be seen on the daily volume and 4H charts since the selloff in May began. I'd pepper your buy orders with limits b/w these 2 zones and even buy some spot here as it may not reach my lower targets over next 1-2 days. Remember anything can happen - DYOR!
BINANCE:KSMUSDLong
by ich1baN
7
KSM: End of Cycle Target $6400 Using Hash RibbonsThe last time KSM produced this buy signal it moved nearly 1000% from ~$60 to $630 over 167 days. KSM is about to produce another Hash Ribbons Blue Circle Buy signal in the coming days and if we were to take the same prior period move and overlay that over today's prices KSM could potentially touch $6,400 / token over the next 167 days if history were to repeat by early November 2021. It's likely it won't equal the same percentage move but there is a strong chance we will see a major move in the multi-hundred percent ROI bucket. Even at 6,300 KSM would only have a market cap of nearly $35 Billion. Considering it is the first parachain network to run on PolkaDot and many of the major ecosystems will run through Kusama first, it's not unreasonable to see some market cap in this range assuming the 2nd leg of the BTC bull market is underway and will have another top around the same period.
KRAKEN:KSMUSDLong
by ich1baN
1
UNI, Uniswap - updating of minimum is possible⬇️Price touched 3 times support line. In the last one, we made a false breakout. Now we're coming back to the support line again. If the price breaks it, I'll open a short position after retesting with SL higher than the support line. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
11