UNIBTC trade ideas
UNI Trend line breakout price breakout the trend line here close above trend line will send the price higher
might become a double bottomIf btc let alts breathe which is likely, this might become a double bottom,
UNI Ready for TakeoffHi Guys
UNI has broke the falling wedge and now is retesting it, you can buy it but guys don't use high leverage on any trade crypto market index in extreme greed zone. Be careful
Targets on the chart and book profit step by step.
Best of Luck
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Thanks
Crytpossking
UNI heading up!Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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Look at the last two times UNI was able to break the 200MA. Each time was followed by a nice increase of around 20%. In this third time a 22% increase from the break would come together with the golden pocket. Since we've missed this entry we could do one of two things:
- Wait for a retracement to the 50MA and take a long there.
- Or enter a long above the .272 FIB with a Stop loss just below the 50MA.
Targets:
- Golden pocket @ 23.5K sats
- High @ 25K sats
UNI Prints Early Bullish Signal (280% Mapped)UNIBTC is a very popular pair... People love this one and this is probably why...
"Uniswap is a set of computer programs that run on the Ethereum blockchain and allow for decentralized token swaps. It works with the help of unicorns (as illustrated by their logo).
"Traders can exchange Ethereum tokens on Uniswap without having to trust anyone with their funds. Meanwhile, anyone can lend their crypto to special reserves called liquidity pools. In exchange for providing money to these pools, they earn fees."
Now, the trading volume is green the last 3 candles that closed.
Even though we are still seeing relatively low volume, we still have the highest green bars since Sept.
Prices are moving above EMA10 and yesterday EMA21 was challenged.
If prices can stay above 0.00016865 daily, we can expect for UNIBTC to hit 0.00028905 (EMA50) and higher.
Conditions for change
If prices for UNIBTC move and close below the last low at 0.00012036, the above analysis and signals are invalidated.
Thanks a lot for your support.
Namaste.
Looking to test support
Price needs to move out of being over bought and set a higher low. If price goes below the previous higher low on the chart don't consider it an uptrend any more.
