(UNI) uniswapauto fib and auto retrace overlay on top of one another for uniswap chart looks like a song that used to play on the radio by a band called foreigner.
UNIUSD.P trade ideas
Uniswap Foundation Reveals It has $41 Million in Funding The Uniswap Foundation has disclosed that it holds $41.41 million in fiat cash and stablecoins on hand, with an estimated runway through the end of 2025. The foundation plans to use the fiat currency and stablecoins for grant commitments and operating activities, while the CRYPTOCAP:UNI tokens are earmarked for employee token awards. The foundation plans to disburse $25.77 million through 2024 and 2025, with $2.94 million reserved for grants previously committed and $12.7 million for operating expenses. The majority of grant disbursements in Q1 have gone towards protocol developers and governance, with the rest being allocated to innovation, research, and security.
The disclosures come ahead of an onchain vote to upgrade the protocol so its fee mechanism can reward CRYPTOCAP:UNI token holders that have staked and delegated their tokens. Activating a fee switch will mean that CRYPTOCAP:UNI holders are better off at the expense of the protocol's liquidity providers, who have earned fees levied on token swaps so far. The fee switch proposal's authors expect that the new mechanism will incentivize more active delegation and build more engagement in the governance process. However, previous proposals to activate the fee switch have failed to pass on prior occasions. If the May 31 vote results in a different outcome, fees won't be turned on immediately.
Technical Outlook
Uniswap native token ( CRYPTOCAP:UNI ) is down 0.65% down from an overbought territory currently having a Relative Strength Index (RSI) of 72.11 which is poised for further decline.
New up trend started?One of the few protocols that generates revenue (and a ton!). When the regulatory issues clear this should perform well.
Uniswap Introduces ERC-7683 Token Standard, Breakout Lurking Uniswap Labs has introduced ERC-7683, a new token standard designed to streamline cross-chain trading solutions. The standard, which aims to establish a unified framework for intents-based systems to specify cross-chain actions, was proposed in collaboration with the Across Protocol. The standard outlines the steps and standards tokens must meet to work with the Ethereum network and trade smoothly with other tokens.
The proposed standard allows for the implementation of an API for cross-chain trade execution systems, creating a standard set of rules and interfaces for various blockchain networks to facilitate trading. It also calls for a generic structure called CrossChainOrder and defines a standard interface for a smart contract called ISettlementContract.
Uniswap Labs aims to streamline the process of trading assets across different blockchains, making it easier for users to engage in cross-chain transactions while ensuring compatibility and interoperability between various systems. BME:UNI , Uniswap's governance token, is poised to benefit from the development, but its current market statistics make its future uncertain.
Technical Outlook
Uniswap token ( BME:UNI ) is up 10.65% as of the time of writing consecutively experiencing bullish and bearish trends. The asset is in the consolidation zone gathering liquidity for a surge above new levels.
Technical Analysis Report: Uniswap (UNI/USD)Uniswap (UNI/USD) has exhibited significant volatility in the recent trading sessions, navigating through various technical setups and indicators that warrant a detailed analysis. Herein, we delve into the current price trends, supported by a mix of oscillators, moving averages, and volume indicators to provide a comprehensive outlook and strategic trading recommendations.
As of the latest trading session, UNI is priced at approximately $7.54. The price has been oscillating within a confined range but showing potential for an upward breakout based on current momentum and technical setups.
Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs) across shorter timeframes (10, 20, 30 days) are trending upwards, suggesting a bullish short-term momentum. The price is currently above these averages, confirming a strong buy signal.
Longer-term EMAs and SMAs (50, 100, 200 days) are mixed with some still below the current price but the 200-day indicators signaling a sell, indicating potential resistance ahead.
Oscillators:
Relative Strength Index (RSI) is at 59.82, near the upper threshold of the neutral zone, suggesting slight overbuying but still within a reasonable range for further growth.
Stochastic RSI is indicating overbought conditions which may typically suggest a potential pullback or consolidation in the near term.
MACD is showing a buy signal with the MACD line above the signal line, indicating ongoing bullish momentum.
Volume has been robust, supporting the recent price movements. Increased volume alongside price rise confirms strength in the current trend.
Bollinger Bands are widening which, coupled with increasing price, suggests increasing market volatility and potential for larger price movements.
Technical Patterns and Chart Formations
The price action has formed a symmetrical triangle pattern over the past month, indicating a consolidation phase that typically precedes a significant breakout. The direction, while still uncertain, leans bullish given the other indicators.
If the price breaks above the current resistance level of $7.60, a long position is recommended. Entry Point for Long Position: Above $7.60 after a clear breakout confirmed by an increase in volume.
Target Price: $8.20, calculated based on the amplitude of the prior price swings within the consolidation pattern.
Stop Loss: $7.30 to limit potential downside risk.
Bearish Scenario:
Should the price fail to sustain above the current EMAs and fall below the support level at $7.20, consider a short position. Entry Point for Short Position: Below $7.20.
Target Price: $6.80, reflecting the support found historically near this level.
Stop Loss: $7.50, to mitigate losses should the downtrend not materialize.
UNI/USD shows bullish potential with careful watch required over the $7.60 breakout point for a confirmation to go long. Traders should be vigilant about volume changes and potential overbought conditions that could precede price corrections. As always, these trades should be managed with appropriate risk control measures in place. Trading opportunities are present on both sides of the market, dictated by the forthcoming breakout direction from the current consolidative pattern.
Regular Bearish Divergence on the 4H UNI/USD (Uniswap)**UNI/USD 4H Chart Analysis**
As we examine the 4-hour chart for Uniswap (UNI/USD), a noteworthy pattern emerges, signaling potential trading opportunities. The price trajectory is forming higher highs, a bullish signal under normal circumstances. However, a deeper look with the Commodity Channel Index (CCI) reveals a contrasting picture. The CCI is making lower highs, presenting a classic case of bearish divergence. This divergence suggests weakening momentum despite the rising prices and could foreshadow a possible reversal.
Moreover, UNI's price movement above the weekly pivot point, which stands untouched at $7.432, draws attention. Typically, untouched pivots act as significant levels of either support or resistance. In this context, surpassing this pivot without retest might indicate it as a plausible target for initiating a short position, particularly if other indicators support a downward shift.
Traders should monitor these developments closely, considering the bearish divergence and pivot dynamics, to refine entry and exit strategies in the coming sessions.
Uniswap Mobile Application Went Live with Blast IntegrationUniswap ( BME:UNI ) app goes live on Android with Blast integration for faster, cheaper swaps and multilingual, multi-currency support.
The Uniswap ( BME:UNI ) mobile application has finally gone live for the public, which will see the integration of Blast, a Layer-2 scaling solution for Ethereum. It permits swaps to be carried out directly within the app, making the process more seamless and improving the user experience on the decentralized exchange (DEX).
Uniswap’s Improved UX with Blast
The Blast protocol integrated into Uniswap ( BME:UNI ) provides significant advancements in transaction speed and lowered gas fees. Blast tackles Ethereum mainnet’s scalability challenges, allowing Uniswap ( BME:UNI ) users to benefit from quicker and cheaper transactions. This synergy becomes extremely important when the network is having a lot of congestion, and so the speed of transactions slows down and the fees go high.
The mobile app now accepts native yield for cryptocurrencies such as Ethereum (ETH) and $USDB stablecoin. Presently, instead of active participation in other DeFi protocols, users can get an interest from these holdings directly via the application. Because of this feature, investing becomes less complicated, and the overall utility of the app increases.
Swap Functionality and Liquidity Provision
Liquidity pools for Uniswap v2 and v3 are available within the Uniswap mobile app. Native yields can be earned by liquidity providers in v2 pools if one of the two tokens in the pool is either $USDB or wrapped ETH (wETH). This is like holding these tokens in a Blast wallet. But since concentrated liquidity is relatively complex, v3 pools on Blast do not have native yield yet.
The use of limit orders that are automatically triggered upon reaching certain price conditions is allowed on the app. This tool is a must-have for traders who want to maximize their trading strategies without constantly monitoring market moves.
Global Accessibility and Multilingual Support
The mobile app’s multilingual and multicurrency support illustrates Uniswap’s global accessibility. Customers are free to surf and transact in over seven languages, such as English, Spanish, Japanese, Portuguese, French, traditional Chinese, and simplified Chinese. Multilingual support is available to cater to a huge number of users from different cultural backgrounds, making the website accessible to a wider audience, i.e. global.
Uniswap SMA200Uniswap UNI/USD is trading at it's SMA200. All standard indicators are printing a buy signal. This is a great long entry position. Uniswap is the decentralized exchange (DEX) leader. It recently received a Wells Notice from the SEC, hinting at potential enforcement actions. This move mirrors the SEC’s historical approach of targeting successful crypto projects. In my opinion, this can turn into a good thing as time goes on.
SMA20 = 9.36
SMA50 = 11.52
SMA100 = 9.40
SMA200 = 7.46
2024YTD
low = 5.91
high = 17.03
Another great long entry is Polygon MATIC/USD:
SMA20 = .81
SMA50 = .97
SMA100 = .92
SMA200 = .84
2024YTD
low = .59
high = 1.29
Uniswap's Rollercoaster: Next Stop, New Highs?Similar to other cryptocurrencies, Uniswap presents a scenario where we're concluding Wave 3 and now developing Wave 4. This Wave 4 is expected to retrace between 38% and 50%. We're setting our stop-loss below the level of the subordinate Wave ((iv)), to accommodate the possibility of this level being revisited without being stopped out. The upward trajectory remains unclear, as we await the completion of Wave 4. However, like with others, we anticipate surpassing the level of Wave 3, aiming for a maximum of $25.28 with Uniswap
UNI/ETH Long to Fill GapsFilling order gaps is a common trading strategy as it takes seeks to exploit the cyclicality of markets. UNI has created two unfilled gaps against ETH, its parent chain, recently that need refilling. Despite facing a Wells notice from the SEC, Uniswap is too cheap here.
$UNI Monthly S/R FlipCRYPTOCAP:UNI has flipped its monthly support/resistance level.
Next target $24, 2nd target is range high at $45.
Uni Looking Good For PumpCrypto assets across the board are looking ready for a possible pump and UNI is no different.
Current Trading Plan:
Stop loss on this is much higher as it is a lower liquidity asset and in the 10% area below the current trend line.
Target 1 is the 50% retrace level for approximately 17%
Target 2 will be 78.6% retrace level for approximately 30%
Trade Well........
Simple bull flagPretty simple here!! bull flag 20.00 target. Just my opinion. let me know your thoughts
ALT COIN LONG - UNIUSDLong setup pre altcoin run, lottery ticket #2
I don't have an extensive explanation, the chart does the talking. look for breakouts above key moving average past the recent pullback.
Uniswap (UNIUSD) Poised for Breakout: Eye $16 and $21 TargetsUniswap (UNI), the native token of the leading decentralized exchange Uniswap Labs, is showcasing bullish signals.
The UNIUSD pair is currently hovering around $11.70, and a decisive breakout above $12 could trigger a significant rally.
Bullish Breakout Potential
Several factors underpin Uniswap's bullish momentum. Firstly, the overall recovery in the cryptocurrency market has lifted investor sentiment towards DeFi tokens like UNI. Secondly, Uniswap Labs' continuous development efforts, including the recent deployment of its Layer 2 scaling solution Uniswap v3 on BNB Chain, are attracting new users to the platform.
Targets on the Horizon
If UNIUSD successfully breaks above $12, anticipate a swift surge to $16. Further bullish momentum could propel the price toward $21. However, a failure to break above $12 could result in a pullback to the support levels around $6-$7.
Dot will take the market by storm!As you can see:
1-the downside line is broken.
2-the long-term resistance is cleared by a nice weekly candle.
3-pullback is over.
I reckon it's the best point to catch the dot.
#UNI/USDT#UNI
The pair has recently witnessed noticeable price movement
After falling for a long time
The price recently touched the downtrend, from which a price correction is expected
Current price 4.57
First goal 6.85
Second goal 9.78
Please note that the price is on its way to the targets and may be exposed to ups and downs at intervals that are expected to take time to reach the targets.
Cryptolean Uniswap UNI Update
Uniswap is trying to reverse from the key daily support level at $11.25.
A bullish reversal from $11.25 will result in a move to $12.63 and, possibly, higher to $14.28-$15.45.
A bearish break-out of $11.25 will push #UNI price lower towards $8.68.
Intraday Chart
The UNIUSDT 4-Hour chart is bearish and teasing $11.97.
A bearish breakout of $11.97 or a bearish rejection of $13.11 will push Uniswap price towards the key intraday support zone at $9.63-$10.60 and, possibly, lower towards $7.33, to close the gap formed on February, 23.
A bullish break-out of $13.11 will push price to re-test $15.24, however the price action may be slow and choppy.
Support once read!
Thank you
UNISWAP TO 14$ ??Original entry Trade set up:
- Adam and eve double bottom at the pcz of a harmonic - noted not a formal one but still a great shape and perfect 886.
- Massive bullish divergence at the adam and eve bottom.
- Clear rounding suggesting vast accumulation.
Uniswap has been one of our favourite picks in the community, it just trades really well. We have been holding it since the Adam and Eve bottom and it hit our first major target a few days ago.
We posted a trade set up yesterday that we took and already hit our first tp on, with 10x leverage. We are looking to hold that leverage position for a few days potentially trading it up to our other targets.
This post is more of a case study as we are off our entry now.
Uniswap triggering an Adam & Eve Double bottom inside another 1We can see here on the weekly how UNIUSd has formed a nice Adam & Eve double bottom (illustrated in the yellowish chartreuse color). We can also see how inside that double bottom we have formed a smaller fractal version of the Adam & Eve double bottom as well (shown here illustrated in pink). To make sure I covered all bases, I also included a the more common horizontal double bottom possibility as well shown here illustrated in a light grayish blue color. First and foremost the pink Adam & eve fractal has already validated its breakout and in doing so has brought us above the neckline of the largest double bottom pattern as well. I get the feeling that all 3 of these overlapping double bottom patterns are valid and will be validated. If so I will keep you updated as each of the 3 targets get hit. *not financial advice*
UNI → Uniswap Breakout to $16.75! Next Target $30.00!?Uniswap broke out of its nearly two-year trading range and hit resistance at $16.75! Now that Bitcoin and the crypto market have taken a pause, what is Uniswap's next move?
How do we trade this? 🤔
We must be cautious with our long bias in the crypto market. Bitcoin is at its all-time high, and the crypto market is burning red hot to the upside; this is not an ideal time to long because we're near critical resistance on both Bitcoin and Uniswap. The best course of action is to wait for a pullback and a sign of another leg up. This is technically the first leg up on the weekly chart and we're a decent distance from the trading range. The RSI is also at 85.00, a significant distance from the Moving Average; this supports a pullback.
Wait for at least a 30% pullback toward the nearest minor support line from April 2022. If we get a strong bull bar in that area, there's a long trade to be had that's reasonable. Long near the $11.50 price point setting a stop loss just below the trading range resistance (now support-side) at $6.75. This allows you to take 1:1 Risk/Reward profits below the current resistance at $16.27 where once hit, you can move your stop loss up to the entry price to lock in profits. The second half of your position can be swung to $25.75, beyond the current resistance and just before the next one at $30.00. If the second half of the position doesn't pan out, you already locked in profits with the first half.
💡 Trade Idea 💡
Long Entry: $11.50
🟥 Stop Loss: $6.75
✅ Take Profit #1: $16.27
✅ Take Profit #2: $25.75
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. Confirmed breakout at a 130% increase in price.
2. No pullback on the weekly candle and near resistance, wait to long.
3. Look for support at 30% pullback to the $11.50 area, wait for strong bull candle.
4. Take profits at 1:1 Risk/Reward then move stop loss up to entry price.
5. RSI is high at 85.00 and a great distance from the Moving Average, supports a pullback.
💰 Trading Tip 💰
Ascending Wedges signal an increased probability of a bear breakout. Combined with three pushes up in a bull trend and strong sell bars (candles with large wicks on their tops), creates conditions where a counter-trend trade is reasonable.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
#UNI --- Uniswap to soar back into the 20'sAs a brand
how do u compete with a leader
Uniswap being the leader of on-chain exchange
Coke is the brand to invest in
(what stock did Buffet buy?)
not Pepsi
not RC cola
Do you get where I'm coming from
And I am not getting into to who, what or how
they have been infiltrated
but clearly they have
As an investor
you MUST pick the best of breed
That has historically been the best route to success.
UNI to rip is my prediction
