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Uniusdt

#Uniswap inside a Rising Wedge, Support At $6.2Past Performance of Uniswap Uniswap prices are within a rising wedge, consolidating, as visible in the daily chart. The uptrend is valid despite bears having the upper hand in the past few days. Still, traders should watch out for how prices perform. If UNI drops below $6.2, there could be more short- and medium-term losses. Conversely, gains above $7.4 and the expanding wedge may pump Uniswap bulls. #Uniswap Technical Analysis UNI is trending, consolidating within an expanding wedge. Overall, sellers appear to be resisting attempts higher. However, with UNI consolidating horizontally, soaking selling pressure, buyers stand a chance. In the days ahead, the primary support lies at $6.2, while resistance is $7.4. Conservative traders can wait for a breakout, aware that losses below $6.2 may see UNI retest at $5. Conversely, any surge above the $7.4 to $7.6 resistance zone may trigger demand, lifting the token to August 2022 high of around $9.6. What to Expect from #UNI? Presently, UNI prices are consolidating inside the expanding and rising wedge. There are clear resistance and support levels. However, since there appears to be accumulation, the best course of action is to wait for a high volume break out in either direction before riding the emerging trend. Resistance level to watch out for: $7.4 Support level to watch out for: $6.2 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
3
The bottom of the ascending channel has yet to be brokenOver the past week, UNI has continued its price growth within an ascending channel and has shown a strong negative reaction by hitting an important resistance in the $7.62-$8. The bottom of the ascending channel has yet to be broken, and due to the solid retracement for this dynamic support, the possibility of breaking this range has increased. More power is still in the hands of buyers. But if the bottom of the channel is broken, the first valid support is $6.56 to $6.67, and the second support is $5.95 to $6.11. The weekly timeframe candles show that as long as the second support holds, there is potential for another strong up move. The closest near-term support to the current price is $7-$6.96, which exactly overlaps with the bottom of the long-term ascending channel. So the continuation of the price trend depends on how to react to this range.
by MonoCoinSignal
4
UNIUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart.(update) Nothing has changed from my last idea,everything is relevant. Targets: 7.5 - 10 - 12 Main Target zone: 12 - 15$ after first target reached move ur stop to breakeven Stop: agreesive 4.8, conservative 3.4 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 10 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
7
#Uniswap in a Rising Wedge, Support At Dec 2022 Highs at $6.5Past Performance of Uniswap Uniswap prices may be wavy, moving in a mix of up and down bears, but the uptrend is clear. Buyers are in control, trading above December 2022 highs of around $6.5. In the days ahead, traders should track how prices react at support, the $6.5, and the middle BB, the 20-day moving average. Sharp gains above yesterday's highs at $7.5 will see UNI climb above November 2022 highs, reversing losses. #Uniswap Technical Analysis The path of least resistance is northwards for UNI. Though prices are wavy with bear and bullish bars in the mix, it is until the coin breaks above $7.5 that conservative traders can accumulate. For now, prices are inside a rising wedge, supporting optimistic bulls. Aggressive traders can buy the dips as long as the coin trades above $6.5, targeting $7.5, and later $9.5, if buyers step up in a bullish continuation formation. If not, losses below $6.5 may see the token drop to $6 and $5.5 in an inevitable correction. What To Expect From #UNI? Buyers could be firm, but the uptrend will be more solid should a convincing, high volume close above the rising wedge. In that case, UNI may rally to $9.5 as buyers double down. Resistance level to watch out for: $7.5 Support level to watch out for: $6.5 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
UNI ready to explode?Hello everyone, today we have #UNI Coin Analysis It got on our Watch List back in June during the rebound of the market, as it grew stronger than the market. After that, UNI held up just as well during the #FTX scam. We were able to hold the $5 level and now we are above all the moving averages #Bitcoin and the entire market in general are looking very strong right now, but we would first expect a good growth in Ethereum and then UNI Potential Targets $7.5 and $9.5
Long
by razumcapital
UNISWAP the last chance (bottom) and the range market 📖💡👌Hello 🐋 Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️ we expect to see gain besides the range market is acceptable scenario too 📖💡🚀 and if the price break the rang area to the upside, we will see more gain 🚀 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
COINBASE:UNIUSDLong
by MadWhale
2
UNI Breakdown!KUCOIN:UNIUSDT Since posting a few days ago, UNI ran +25% and started to print a flag that developed into a descending triangle. After the "liquidity run" (see 1-hour) I entered on 5m in the yellow dotted zone for a quick short and ~9%. PLAN NOW: 1. Bearish Retest of Triangle could provide a further SHORT opportunity to the white pullback zone as a possible target. 2. If the price breaks back into the Descending Triangle look to LONG trapped bears. This market is dynamic and with patience you can execute laser moves. As usual Bitcoin rules the direction. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Short
by imr4nkh8n