Possible Inverted Head & Shoulder FormingIf we see a bullish continuation then we will for the right shoulder for an inverted H&S. This should get us back on track and nice timing for the start of the peak ALT season and V3 rollout.
UNIUSD.P trade ideas
$UNI (Uniswap) looks incredibly bullishInvalidation would be a closed candle below support.
Pretty low R:R, for a entry now.
Be Aware!Uni has fallen back to the Red trend line. if it bounces back this might turn out to be a head and shoulders pattern but hopefully its just a healthy correction after having serious difficulty breaking all-time highs.
UNI getting big buyer attentionUNI is starting to attract alot of attention from the big players according to our data collection methods. A good risk conscious purchase spot might be at a pull back to 31.07 at this juncture for a long term hold. If volume can build higher we will adjust our bid point up... but at this point it is at the 31.07 level.
UNISWAP updateUNISWAP v3 announced.
Price is respecting critical support levels after completing double top.
We can possibly see a double bottom forming if support and 100 ema level hold strong.
DeFi is the future1) Decentralized exchanges (DeFi) like Uniswap, Sushi Swap, and Pancake exploded onto the scene in 2020. This is an area of huge potential growth.
2) The crypto market as a whole cooled off a bit, and UNIUSD briefly tested the lows.
3) The range expanded to the upside and we're going up again! BTC made its' big move, and now alts are trending up as we can see on BTC.D (Bitcoin dominance).
Stats are from 1/1/2020 to current using ~2% risk.
Heads up Looks like Uni is working on an inverted head and shoulders. It needs a little time to make it's way to- and break through- the neckline, but, with any luck, it will eventually hit my measured target of at least $4.60-$4.65.
Constructive criticism and critiques are always welcome
Happy and Prosperous Trading.
*Don't take my advice, I have no idea what I'm doing.
UNI: LaunchUNI is very close to passing the previous ATH. If it passes $35 and holds above it, I wouldn't be surprised to see $40 - $50 soon.
*** NOT FINANCIAL ADVICE ***
rising wedge uniswap taking some profits on the 0.618 fib extension. If this rising wedge forms it may lead to a breakdown
Uniswap: Possible 20% GainsHere's a nice set-up for those interested in taking a position with Uniswap ( UNI/USD). I trade all these swings right alongside you; these are my actual positions. My entry point is always the current price. I am not a financial advisor. Join me at your own risk.
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AT CryptoScan: Uniswap breaking out?Something is up with this one...
Looks like it broke out, aiming to 45.
Noticed the trendlines are all of the same angle... and so are its extensions to target.
Also, the candles are more solid, with little extensions... signals to me that the directional commitment is strong.
MACD is turning up, and RPM just might support it over the next few days.
UNI/USDhere we have clear bullish channel which we are in good place now.
you can set youre SL by broking the channel.
i will be happy to follow me for more daily simple analys.
UNI to break!Some resistance levels to get through but RSI suggests trend continuation with potential fib target of $44.
Chaikin and MACD are now positive on the 4hour.
UNI - $40 TargetA quick view of UNI. in the immediate term - Trying to break up into channel above. I think I saw something similar in Link.
$40 target seems reasonable by end of March. Stretch target of $45
Note these charts take me about 60 seconds to build so they are not always 100% inline with support / resistance but I'd argue they are 99% accurate and do a good enough job to identify key trends :)
Best, Hard Forky
Noob analysis floor UniResistance at 35 has been strong, but pattern is overall bullish. Expecting more consolidation, then a strong move up.
Entry target would be ~28...target 40-45
Keep fundamentals in mind, UNI v3 could release and blow this pattern up any moment.
Do your own DD. New to this, feedback is appreciated. Roast me.
