$UNI/USDT 12h (Binance Futures) Ascending wedge on supportUniswap is up-trending and looks ready to push higher in the coming weeks.
Let's see if it can hold wedge support and break out of the descending channel!
Current Price= 30.8817
Buy Entry= 30.5026 - 29.5126
Take Profit= 33.8286 | 39.1273 | 46.0397
Stop Loss= 27.4518
Risk/Reward= 1:1.5 | 1:3.57 | 1:6.27
Expected Profit= +25.46% | +60.78% | +106.86%
Possible Loss= -17.04%
Fib. Retracement= 1| 1.764 | 2.618
Margin Leverage= 2x
Estimated Gain-time= 1 month
Uniusdt
UNISWAP-USDT
Greetings,
UNI instrument is the first by capitalization among defi, and eighth today in the overall cryptocurrency top, ahead of LINK and Litecoin.
Strong uptrend and no signs of reversal, most importantly the product is actively used, so we can assume that the growth will continue.
On the daily chart, the price has several times tested the area of 33-34$, the price is not going further, but there are no strong pullbacks as well. On the chart, an upward triangle was formed with the compression of the minimums. There is a probability of the test support at 28-28.5 dollars in the case that it will not resist the next zone of interest of the buyer in the area of pro-trade at 20-21.5 dollars.
I plan to trade this tool only if the price breaks through a zone of 35$ on good volume, in this case, the potential of the transaction is 80% (the base of the triangle).
The second option in the case of a correction, look for an entry point at $28-28.5 on the rebound from horizontal support and the bottom of the triangle.
Always use a stop loss, and do not use a leverage greater than x3. A trader must always have tomorrow. If this information is useful to you, please like and subscribe, so as not to miss anything.
One More Shot to Grab More Uniswap at $32 Before It MoonsBuy Zone: $31.80-32
We will likely see one more bounce off the support and then it's new ATHs and this thing will have legs.
I expect it to run all the way to the parallel trend line with little resistance.
I'm not planning to sell any of this for a while. It's about to go on a tear when v2 release is announced.
Stock up next dip down and then go have the best day ever!
UNISWAP (UNIBTC) Breakout Long TradePair UNIBTC
Direction Long
Entry 0.00060537
SL 0.00058850
TP1 0.00061127
TP2 0.00061634
TP3 0.00062055
TP4 0.00062561
Signal Rating 3/5
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
UNI.USDT (Y21.P2.E1).Really symmetrical curveHi Traders,
I haven't seen any formation this symmetrical curve and to me it just states predictability on the breakout.
Question is, is it just a cup or cup and handle.
To enter is the hard part, either you keep watching for the breakout or the pullback if there is one.
All the best,
S.SAri
Uniswap (UNI) - March 22Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------------------- -----
We need to see if it can rise along the uptrend line (2).
If you fall at 30.316, you need a short stop loss.
However, it may rise along the uptrend line (3), so careful trading is necessary.
Trading volume started to decline from February 18th, and trading volume has been low so far.
As a result, rapid movement may occur, so careful trading is necessary.
--------------------------------------
(UNIBTC 1D chart)
We must see if it can rise above the 0.00061028 point by following the uptrend line.
If you fall from the 0.00053565 point, you need a short stop loss.
However, you need to trade carefully as you can gain support and climb in the 0.00044983-0.00048994 range.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
UniSwap V3 coming soon! This is huge! 2-3x gains coming!Here's a quick look at UNI 1 day chart. As we can see, the price action has been parabolic for the past few months due to the bull market. There's big news coming up for UniSwap which is that they are launching UniSwap version 3! That will take the price very high! Possibly 2-3x gains here. Remember; The Alt season is near!!!
The idea is: Buy the breakout from the level shown in the chart. Take profits at the level shown in the chart.
Targets:
1. 38.5$
2. 44.5$
Follow me for daily trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!
UNI/USDT Chart 18/03UNI may retest the previous high around 33.4 as it looks like MAs 13 and 34 are likely to cross in 16-24 hours and the 99 MA has been a strong support in the past few days.
We found support at 28.52 and bounced back up, then retested the resistance in the 31 area which did not offer too much chances to break out.
However, if it manages to go past this area and find good momentum, we might see UNI aim to previous highs.
If, on the other hand, it fails to do so and breaks down the support at 28.52 then we could be caught in a downtrend and retest the support in the 25 area.
UNI - $40 TargetA quick view of UNI. in the immediate term - Trying to break up into channel above. I think I saw something similar in Link.
$40 target seems reasonable by end of March. Stretch target of $45
Note these charts take me about 60 seconds to build so they are not always 100% inline with support / resistance but I'd argue they are 99% accurate and do a good enough job to identify key trends :)
Best, Hard Forky
$UNIUSD | Model Gives Bullish Signal | Identifies New ATH'sHello Traders,
The Model has identified new targets in UNIUSD. Targets and Support identified on the chart.
The model tries to identify pressure points in any given market. The pressure points themselves identify the breadth and strength of the move to come. It exists in all time frames and can be applied to any market. The targets are printed as data is fed into the algorithm. The further away from the pressure point, the lower probability it has of attaining such levels and the higher the probability of a correction/reversal.
Uniswap (UNI) - March 14Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------------------- -----
You should watch for any movement that deviates from the 30.316-37.402 segment.
If you fall from 30.316, you can touch 23.230, so you need a short stop loss.
However, you need to trade carefully as you can touch the uptrend line (2) and go up.
We need to see if the uptrend begins as the trading volume increases.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
UNIUSDT (UNISWAP) Descending channel breakoutUNIUSDT (1H CHART) Technical Analysis Update
Descending Channel Breakout
UNI/USDT currently trading at $31.40
Buy-level: 31.00$ TO 31.40$ (Wait for the small retracement
Stop loss: below $29.40
Target 1: $32.40
Target 2: $34.80
Target 3 : $37.00
Target 3: $40.00
Max leverage: 3x
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.