UNIUSD - Breakout soonTesting a fan and breakout. No financial advice. I'm sort of expecting a breakout up or down but can't tell from the graph. I'm leaning toward down but I'll wait for it bounce in the yellow area before doing anything.by compaunder3
UNIUSDTwe are in a descending channel after break of that triangle and the break of the channel either upwards' or downwards' price target will be these two and most likely we go up then downLongby Mbclub7
Big move expected soon which way will it go?The current situation 1. A descending triangle is apparent on the daily chart, which has a 53% chance of breaking upwards and the (conservative) target if it breaks upward is about 7.5USD. 2. Bullish divergence is apparent on the 6HR chart, but not exactly in oversold territory on any of the major timeframes so it can still go both ways. The bullish case: price action does need get above 4.6USD to make a very convincing case of a breakout and a reversal. All the major moving averages are at about 4.6 or lower, so breaking above this level will also get price action above all major moving averages again, which is a good sign then. The bearish case: Another dip below the bottom trend line will be a bad signal to start. But if price action closes below the bottom trend line on the daily, this will be a convincing bearish case as this will be a new low in the current down trend. *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.by CryptoRush_558
UNI - LONG Term BUYShort Trend depends on the outcome of the Stimulus, Job report, and Uni Volume Long term - No doubt (BUY, BUY, BUY). Like if you agree on the idea I am not professional, Please do your own research. Longby Nkks7
UNISWAP - Time to buy again?It seems like the downmove is close to its end, which makes me feel bullish regarding the UNI token, again... I see similar situation as before, at the last bigger up-move. On h4 the MACD is trying to turn back to the green zone again, slowly, while on h1 the price is about to draw a clean and strong continuous divergence. If it all happens, that will confirm a buy signal at around $4.000 or somewhere in the $3.9 - $4.2 zone. What do you think? Longby dominikredenczkiUpdated 444
Bulls did not show up - expecting lower price actionThe current situation: 1. Price action had a double bottom apparent yesterday, 9/29, as highlighted in green, but did not end up reversing. It closed back on top of the 0.786 Fib level but did NOT hold. After, has formed a double to instead with the neckline at about 4.15 USD and a measured target of about 3.85 USD. The measured target of this double-top pattern is in more agreement with the measured target of the bigger head and shoulders pattern as seen. 2. There was bullish divergence on the 1HR chart, but it looks like it did play out and got rejected by the hourly 21MA. The bullish case: I would look for a bullish engulfing candle to be a good start. Since bullish signals on the smaller timeframes have been invalidated, seeing it on a higher timeframe such as the daily may be more confirming. The bearish case: the next level of support is at about 3.85 USD. If this level does not hold, price action can continue downwards to about 3.15 USD, which would be a full retracement. *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.Shortby CryptoRush_333
UniSwap Price Forecast: UNI Awaits Ultimate Liftoff To $5 UniSwap looks forward to a descending wedge pattern breakout to $5.00. UNI/USD is holding above the 21 SMA while the upside is capped under the 50 SMA. UniSwap has been on a downward roll since September after its bullish scenario was cut short by resistance at $5.60. The price has continued to narrow within the confines of a descending wedge pattern. This pattern forms whenever the value of an asset has been falling over a period of time. Breakouts can either be up or down, however, falling wedge patterns tend to signal an incoming bullish breakout. Note that to properly trade this pattern, the trader must employ other technical indicators. At the time of writing, UNI is trading at $4.28 after suffering another rejection at the descending trendline as well as the 50 Simple Moving Average (SMA) in the hourly range. The price is immediately supported by the 21 SMA. Looking at the Relative Strength Index (RSI), UniSwap is likely to continue exploring the levels towards $4.00. It is essential that support in the range between $4.2 and $4.3 is defended at all costs. According to IntoTheBlock, this is the strongest support zone. Here, 9,600 addresses bought 20.4 million UNI. If this level zone is shattered, UNI will extend the bearish leg to $3.50. On the other hand, a bounce from the support will have the potential to push the price out of the wedge. A breakout from the wedge will place UNI on the path to $5.00. Closing above the 50 SMA is particularly vital to the bullish case because it will add credence to the breakout. Traders must keep in mind potential resistance zones at $4.60 and $4.80, respectively. UniSwap Intraday Levels Spot rate: $4.30 Percentage change: -1.82% Relative change: -0.08 Trend: Short term bearish bias Volatility: Low Longby CoinGape1110
Breaking above THIS level can mean more bullish price actionThe current situation: 1. Price action has formed a double bottom on the 1HR chart, which is a bullish pattern with the neckline at about 4.45 USD and a measured target of about 4.75 USD. Currently, the 1HR 50MA and the 0.786 Fib level (the gold line) are acting as resistance. 2. There is bullish divergence on the 4HR chart so it could be a catalyst for a reversal IF it plays out. The bullish case: price action has to break above the neckline at about 4.45 USD, at which there will be an S/R flip of the 0.786 level. The bearish case: price action gets rejected at the 0.786 Fib level at about 4.35 and continues downward. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.by CryptoRush_555
Uniswap Coin AnalysisWith Uniswap now listed on Binance and attracting major interest from across the crypto industry, we thought we'd start charting it despite only having a few days worth of data to analyse. So... using a 4-hour time-frame what can we see so far? Within the current consolidation range... A 30% downside to 'strong' support. A 30% upside to resistance. A breakthrough of that resistance would be bullish. Team Sparkster is considering adding Uniswap and other Defi coins to our backtesting platform (link below). Let us know what you think in the comments section. Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice. Longby Sparkster118
UNIUSD - Sell set up C wave - Ellliott wave analysisWelcome guys, CycleWave is the top author sharing trade ideas based on EW analysis since last four months on the global stocks, currency pairs, cryptos, future indices and commodities. UNIUSD - It is in ABC correction from major top, where A and B wave seems completed. and it is in C wave down where 3rd of 3rd down is in progress, so sell it in smaller bounce upto 4.78-4.86 with stops above 4.96 for target below 3.60 or even lower. It is possible that it can go higher to extend 2nd subwave correction. but stay as per plan for sell trade set up.Shortby EWFcw1111
Bearish pattern apparent watch out for this level of supportThe current situation: 1. A complex head and shoulders pattern is still apparent on the 1HR chart and price action has fell through the 6HR 21MA, which has been acting as strong support for the past few days since price action gotten on top of it. The neckline of the pattern is at about 4.7 USD and the measured target is about 3.8 USD. The next level of support if price action breaks down is the 0.786 Fib level at about 4.35 The bullish case: price action needs close back on top of the 6HR chart in order to start looking bullish again to retry the resistance at 5.25 The bearish case: price action breaks 4.7 and goes towards the Fib level at about 4.35 *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.Shortby CryptoRush_228
uni usd prepping for a bullish few daysuni after a week of lackluster activity looks poised to make a bullish run up for a few days, ive been eyeing this one for a few days and I think with the slight tick up of the crypto market and eth and btc showing signs of life I think its time, now or never for uni to make a run of it. hopefully I can swing a few % off this what do yall think? I see solid low activity on the MA and a crossing with decent separation with 3 white soldiers formed on the 1 hour and steps on the 15. im not gonna draw up trend lines and channels I just think in three days well be at the top of the semi circle hovering at 5.5 or soby track4successUpdated 6
Failed breakout - watch out if THIS level of support breaks The current situation: 1. The price action previously failed to break out of the ascending triangle that was in (see my previous posts) and now it looks bearish as a head and shoulders pattern is more apparent on the 1HR chart. The price action has also broken below the 4HR 21MA and now the moving average that is acting as support is the 6HR 21MA. This is also at about the neckline of the head and shoulders pattern, with a measured target of about 3.8 USD The bullish case: 1. The price action bounces off the 6HR and retry the resistance at about 5.25 USD The bearish case: 1. Price action breaks below the 6HR 21MA, under which the next level of support is the 0.786 FIB level at about 4.35 USD *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing. Shortby CryptoRush_1
UNI'S CLOSING WEDGE at $5Set up the bottom from before Uni was listed on Coinbase. The top is linked to its rise before going parabolic. Also added some fib levels for future support/resistance. Lets see how it shakes out.Longby shipodUpdated 0