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Uniusdt

UNI/USD - Where are you going Uni? What is happening? 🚀UNI exploded today out of the blue... check the volume... 😲 There may be some information we are missing or simply some whale decided to unload on UNI token. Either way, UNI paints a very bullish chart for several reasons: 1. Volume exploded - bullish 2. We broke BACK into the old channel 3. MACD+RSI exploded, bullish The trend has clearly reversed and UNI + SUSHI went up after consolidating for most of February and broke above key resistance levels setting in a new ATH. Bias is bullish, but right now, we may cooldown a bit, look at the volume, we seem to have peaked around this level. To be seen. Long term UNI could go to $50 easily. We are less than 1x from that now. Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my TA videos on YouTube!
Long
by DU09
3
Uniswap (UNI) - February 16Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You should watch for any movement that deviates from the 18.467-22.590 section. In particular, we have to see if we can get support at 19.508 and rise above 20.529. If it falls between 17.436-18.467, a short stop loss is required. It remains to be seen if the RS line could turn into a short-term uptrend in the wRSI_SR indicator. The next volatility period is around February 18th. -------------------------------------------------- ------------------------------------------- ** 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 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 do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto
UNI/USD - Be careful, decisive price action to come! UNI has been ranging in this ascending channel for some time and right now we find ourselves at a crucial moment. Price is kissing the support line and any drop under it will spell trouble for UNI. Why? 1. Bearish divergence on RSI! 2. MACD is bearish with a negative cross and bearish divergence! 3. Volume is dropping. Why 2x? Uniswap and Sushiswap are decentralized exchanges based on ETH network. What do they have in common? HIGH ETH gas fees / transaction fees. In excess of $100 for a transaction.. that is sure to put off retail and average buyers for using these exchanges. As long as ETH keeps going up in price, the fees will keep going up and these two decentralized exchanges will see lower volume and interest because of that. Hence their tokens will suffer. But why is that such a big issue, I mean they are the largest DEX on ETH or in general... well... it just happens there is another DEX with 10x lower fees that is just as good... enter Binance Smart Chain (alternative to ETH) and Pancakeswap... which seems close to flipping Sushiswap and if the above problem continues that is likely to happen and Uni will suffer too. coinmarketcap.com So bullish on Cake and bearish on Uni and Sushi? Yes. Binance, the largest exchange in the world is behind BSC and Pancakeswap is using that to its advantage... BUT, all of the above is not as important as... price action! This is always the best indicator. If we fall here and support does not hold, then UNI will correct. Not good if you are long, be careful and secure profits! If we stay in this channel we should be ok. We can also range if we exit the channel, that would be the best case scenario if support falls. To be seen. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Short
by DU09
8
UNISWAP 🦄 WHAT IS NEXT? CHECK IT OUT💸UNI - Uniswap!🦄 Good afternoon everyone! Over here my uniswap analysis for today. Uniswap is one of the most important DEX (decentralised exchange) right now! It hasn't been today too much for the last 2 weeks, and that's mostly s good sign, this means it cooled of and is ready to go again 💪🏼💪🏼 So, over here you can see the breakout with the volume confirmation (2nd pic). 🚀🚀 We might see very soon levels of; 1.24.5 - 25.9 2. 28 - 31.4 Those two are for the coming time, might UNI break these levels, I'll update you guys on the next targets! 😍
Long
by euphoricSnovv
2