UNIUSD.P trade ideas
Uni Good Buy OpportunityI believe another good buy opportunity is about to arise for Uni, its already wicked down and hit the bottom of the channel but I believe it might go down for a 4 hour close at that level as well. The Uni BTC chart also looks very great with a triangle breakout to the upside and now a retest of that triangle.
UNIUSD 10 MAY 2021 1851 hrsWas able to plot a fairly uniform channel. You can see the sporadic movement which can be difficult to get a fix on. Using the same targets to see if the accumulation again to continue the M/U.
Use caution/ Higher risk (IMO).
New Price Target for UNI -> $48UNI broke the ascending triangle to find support at $40 multiple times! enter channel approx. $44 and exit $48. Good luck! Don't miss this one, many others altcoins will be tanking soon as they've been too hyped-up and retail traders will get anxious and start selling before the make a big loss....I was there the last crash!
UNI for the Weeks to ComeUNI's chart looks healthy unlike some other altcoins. The up and down trend lines are almost parallel and very prominent. Since the beginning of the bullish rally in December last year, the support hasn't been violated and its pretty fast upwards. I expect this support to hold ofr the upcoming few weeks even if I expect the Crypto market to have a major correction soon along with that of the stock market. In the near future, nonetheless, the trend will tilt a bit towards including the original (secondary) trend, continuing upwards but with a slower pace as indicated in the graph with the yellow arrow.
UNIUSD to $44-46 very soon!tight corridor for UNIUSD between proven support and resistance. All key indicators inc. MA200 show strong signs of moving up (nice and easy). Expect a few bumps with consolidation, but will hit mid-high $40s very soon. Won't be surprised if $UNIUSD hits $100 soon!!!
Uniswap is ready to riseChannel breakout + bull flag. As long as bitcoin remains >54k it will explode imho
ichimoku trade : long positionresistance from cloud.break last 26 days top.buy position at 40.85$ today and tomorrow.
stop loss: kijunsen(with buffer)
$UNIUSD to $50If UNI breaks above $44 resistance line it could def get to $50 and beyond - ascending triangle!!!!
UNI PUSHED THROUGH $40 !!!Hello all, quick fire posts to keep you beautiful people all up to date ! UNI is testing here before pushing to $50 and smashing its way through to the upper channel as displayed seeing targets reaching highs !
TP 1 : $44.875
TP 2 : $49.685
TP 3 : $55.826
As always do your own research on trades we are good but can't predict the future. Make sure to comment your thoughts, like and follow for more content !!
Uniswap (UNI) Forming Road to $50 then $100? V3 & EIP1559 Everybody's favorite Unicorn. Yes I said it. We're on our Unicorn path to $100. The reality is another +130% increase from these price levels will put us at a $100 Uniswap. And if we continue to hold this bull trendline we may be there by next year. With these bull market conditions another 1.3x isn't too farfetched.
We still have yet to see the full post network effects from the highly anticipated V3 upgrade coming into Uniswap tomorrow. Another huge factor in Uniswap's price I believe is Ethereum's EIP1559 effect on Uniswap. Ethereum's EIP1559 essentially means every transaction on Ethereum will burn ETH gas FOREVER. Meaning the supply of Ethereum will be diminished every year. I can only imagine how that will effect the price of Ethereum and Uniswap in the long term once Ethereum switches over to proof of stake and Ethereum becomes a scarce asset.
Uniswap is already 52% through it's circulating supply and its hard capped at 1,000,000,000. The total value locked ( TVL ) has grown exponentially by over $6 billion dollars since October of 2020. Uniswap is only at a $22.5 billion dollars as a global decentralized Exchange which to me is undervalued for the value Uniswap brings to entire crypto space.
As DeFi and Ethereum grows so will Uniswap. I can literally go on for days about Uniswap because there's a lot of upside. I'm very bullish about Uniswap this cycle and still holding my bag throughout the rest of the year.
Cheers! Much peace, love, health, and wealth!
Curve and Fib Analysis Confirms Continuation of the Trend to 46In this chart, I am confirming the idea I published a few days ago setting a price target for 46. We have been almost there at 44.4, and maybe it would prove wise to have had the profit taken at that stage, yet the analysis shows that the bull has still some breath left.
The current minor trend fits perfectly in an ellipse as shown. This is an indicator that it would end with a relatively major push in one direction. The Fib circles of the medium trend also shows that the price will hit resistance and bounce back to support before the minor trend ends, which is also an indicator of the price moving higher after the ellipse is complete. The fitted curves show the drive upwards is influenced more by the lows rather than the highs, which is expected since we are very near the ATH resistance. Finally, the big FIb arcs are those of the major bullish trend since January, and as we can see, we are approaching a major resistance (261.8%) at 46.
Uniswap (UNI) - May 2Hello?
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(UNIUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 37.80485161-46.77313174 section.
In particular, it remains to be seen if it can rise above the 42.28899168 point.
If you fall in the 35.56278172-37.80485161 section, you will need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
The next volatility period is around May 9.
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(UNIBTC 1W chart)
(1D chart)
61028 Satoshi-73062 Satoshi We must watch for any movement that deviates from the section.
We have to see if it can rise within the rising channel.
44983 Satoshi-48994 If you fall in the Satoshi section, you need Stop Loss to preserve profit and loss.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** 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 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: Cigar at the time of opening
(Example) Gap (G1-G2)
$UNI next rally takes it into $50sCopying and pasting the parallel ascending channel of the recent consolidation, I found $UNI has continually respected this price range since the beginning of its rally in November. Combining the channels with 2 different sets of fibonacci extensions, you get an interesting look at $UNI price behavior. After trading around the $31-32 fib level while also staying within the parallel channel for 2 months now, UNI has broken out and is consolidating at the top of the channel. I think UNI continues to rally to $50 and likely overshoots the fib extension to $55 before another period of consolidation.
UNI Bullish-trend expectation in mid or long termAs you can see we can expect the UNI can go to 78 dollars in mid or long time frame.
MY MINIMALIST CHART ANALYSIS PRACTICING MINIMALIST APPROACH TO ANALYZING CHARTS WITHOUT LAGGING INDICATORS
ON UNISWAP
I am here again practicing my MINIMALIST CHART ANALYSIS.
I made it without using indicators and I thank my oneway mentor for all the wisdom he has shared wholeheartedly.
I would love to mention his name but, I have not proven anything yet that I have learned something.
I analyze, apply to my paper trade and that is only how I would know if I learned. If I fail, I try to analyze what I did wrong and try it out again.
More on "charge to experience." kinda thing.
Oh well, here goes.
