Uniusdt
#UNIUSDT trading plan!Hi friend!
This coin flies up again!
After the breakdown of the resistance level 6.6$, I will buy.
Target 1 - 7.5$
Target 2 - 8.6$
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UNI-3h. Buyers' plan: break $6.05 and test $8.3.After a clear victory of buyers in a difficult consolidation match, the UNI price stopped at $6.05 .
In the previous idea we expected a minimum target of $5.2. However, there was more potential for buyers.
The unsuccessful attempt of buyers to keep the mark of $6.05 allowed the sellers to relax. Low trading volumes during the attempt to increase the price in the period from 9 to 10 January called into question the continuation of price growth without correction.
On January 12, after a false break of the $5.2 mark, buyers launched a cautious counterattack. At the moment, the price of UNI is rising in the wedge and sellers are holding back as much as possible. Although most of these wedges are breaking down, it is important to see how buyers will behave at $6.05.
If trading volumes are low further - sellers will again test the mark of $5.2
Break of the mark $6.05 and fixing the price above this mark will open the door for buyers to continue to rise to $8.3 .
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UNIUSDT - Nothing much between 8 and 15 once resistance brokenUNI is finally doing what we all expected it to do back in October 2020.
I can't tell you the opportunity cost I had, as well as lost profits, watching it grind down during that period. A lesson for me in not protecting risk and not falling in love with a trading idea!
The good news is that now we're looking at a really bullish setup. Once that resistance is broken there's not much standing between a markup to $15.
I've set a trailing stop which I will keep manually adjusting, the idea is to keep locking in profit and covering my risk with all DeFi projects.
I do think we'll see this one at $50 this cycle and will go to Saturn once V3 is finally announced.
Top 10 Altcoin Picks in 2021! | Part 2 of 2Please see my other idea for Part 1 (ranks 1 to 5), linked below.
6. UNI (runner up: SUSHI ). DEFI market has seen unparalleled growth and decentralized exchanges like Uniswap have pioneered a new way of trading in the ETH ecosystem, whereby automated market makers and liquidity providers get a share of the trading fees plus incentives! Uniswap decentralized exchange is the leader by volume closely followed by Sushiswap. For this reason UNI and SUSHI - the tokens of the two decentralized exchanges - make it on our list. Important to also mention Curve as a dedicated decentralized exchange for stablecoins, with CRV as its native token.
7. SNX (runner up: ATOM ). Similarly, SNX or Synthetix is a derivatives liquidity protocol on Ethereum network. Meaning that you can issue synthetic tokens on its network linked to fiat, crypto or commodities. The possibilities are limitless and you can trade such tokens on the ETH network. To mint synthetic tokens one has to stake SNX - the native token of the network - hence creating demand and accelerating its market price, which exploded with the DEFI market. In this ever expanding market of crypto coins and blockchains, ATOM or Cosmos comes to clean it up by allowing different blockchains to communicate with each other. Sometimes described as blockchain 3.0 (1.0 being BTC and 2.0 ETH), ATOM is a good candidate for our runner up spot.
8. LTC (runner up: DASH ). If you are after a more agile, faster and cheaper alternative to BTC. LTC is your go-to coin or the "little brother" of BTC. Litecoin managed to carve itself a niche in the market and has consistently been one of the top coins by market adoption and usage. Whenever BTC or even ETH face congestions on their networks, LTC is a good alternative to move value for a few cents, unless you choose XLM (that one is instant and reason why is at the top of our list). DASH is our runner up because it has consistently shown sustained volume and adoption across the world with real use cases and a growing list of vendors accepting it as a payment method.
9. MRK (runner up: AAVE ). Maker or MKR is the governance token of the MarketDAO that allows users to issue and manage DAI (see above). Considering DAI is one of the most trusted decentralized stablecoins around, MKR should continue to increase in value, especially since its circulating supply is 1 million. With the crypto market set to explode, DAI and MKR will grow tremendously. AAVE is also a decentralized finance protocol that allows users to lend and borrow crypto and includes "flash loans" meaning the loan completes in the same transaction without collateral being needed. As an integral part of the DEFI market AAVA makes for a good runner up.
10. BCH (runner up: VTC ): BCH cannot be ignored simply because of its adoption level and market cap. As an alternative to Bitcoin, BCH will continue to remain one of the top 10 altcoins in the foreseeable future, with significant potential to grow further. It is also the 4th largest asset in Grayscale's massive $20 billion crypto portfolio. As a runner up, we have VTC or Vertcoin which I believe will have a great run in this current cycle thanks to its new mining algorithm set to launch at the end of January. VTC has been around since 2014 and is very similar to LTC. At only 20 cents right now, if the past is to be repeated, we may have a beautiful run ahead of us. Plus at the end of this year VTC will have its halving. Mineable coins have fallen out of fashion, however we may have a rebound in interest for such coins in this cycle.
What do you think about the above list and what are your recommendations for this year? Let me know below.
UNI/USDT - Ascending channel towards $8UNI is in an ascending channel and we just hit its top where we currently face some resistance. I expect us to do a short pullback before going higher as indicated by the chart.
If UNI drops to around $5, then that is a clear buy area as long as we don't break support.
DEFI market continues to be very competitive and UNI is one of the leading coins. So good long term investment.
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UNIUSDT (UNISWAP) Waiting for the resistance breakout#UNIUSDT ( 1H chart) Technical Analysis Update
Waiting for the Resistance zone BreakouT
UNI/USDT currently trading at $5.70
Long Entry-level: Above $5.740 (Enter long after 1 h candle closes above the resistance level at $5.740)
STOP LOSS: I will update once I see the breakout
Reisstance level 1 (Target 1): $6.08
Resistance level 2 (Target 2): $6.60
Resistance level 3 (target 3):$7.21
Max leverage: 3X
ALWAYS KEEP STOP LOSS..
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UNI/USD Breaks Away To These Major Targets | Moon Inbound? Welcome everyone,
My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. I've helped hundreds of traders just like you make it a reality for themselves. Looking forward to helping you create your success story and life.
Let's Talk UNI/USD
The group has been long on UNI since 4.06, currently up 26% and looking for overall targets of 5.50 and just shy of $6. These are conservative 1:1 targets for UNI and if its ready to take on a full impulse then this baby can start heading to the moon, with targets as little as 7.28 and $9. DOT is currently in price discovery as well that we caught prior to breakout.
When it comes to catching Runaway crypto's like this that are in price discovery its important to identify the higher time frame trend its currently working on (4hr for UNI and moving into a 1 day) and then jump down two time frames in multiples of 4 to look for buy signals based on your indicators/strategies and then using the invalidations of your higher time frame as your ideal stop loss, but if experienced enough can also keep track of that on the smaller time frame.
Just wanted to share these north targets for UNI and I'll be sharing a DOT chart next as well.
Are you currently in UNI? Leave a comment below with what your entry price was, lets see who got the best entry on this. Mine was 4.06 overall, I'm sure someone can have me beat!
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