UNIUSD trade ideas
Unlike Dot its holding previous supportUnlike the pattern I just shared for dot, Uni is holding its previous trend line. These are some ideas but it's guestimation at this point, with time there might be more clarity about what will happen but I remain bullish.
Uniswap (UNI) Back in Consolidation ZoneIf Bitcoin ain't happy alt coins ain't much happier. With new all time highs and big rally ups will come sizable corrections. I guess we need to sober up a little off of all the euphoria. The crypto markets have been "wild" to say the least.
Uniswap produced a new All time high of $32.95! Before capitulating down to $18.16. In a perspective from almost a month we seem to have formed this wide zone from a low $17.10 support to a resistance $23.85 resistance since January 30th 2021 on the 4 hour chart. This could be a good accumulation zone from a long term time frame if you consider where Uniswap will be by the top of this bull market or by the end of the year.
Keep in mind Uniswap became the first decentralized trading platform to process over $100b in volume within the past week. Uniswap remains the top mover of Decentralized Exchanges (DEX's). The fundamentals and user growth will continue to grow.
Cheers and much love. As always I'm keeping a nice bag. Uniswap will continue to grow throughout 2021.
Im watching this level and I might buy moreI'm a student and I'm up 10K, Invested a couple of months back so I'm sitting comfortably but I wish I had invested more. looking at the Rsi it seems this is just a healthy correction but it could, of course, turn out bad and break that support line so be careful. Personally, I'm holding as I'm fairly sure we are in a bull market and in a bull market it's important to put precedence on bullish momentum.
Uniswap to 40 March 1rst Bull Flag Pattern BreakoutWatch break of bull flag pattern. Next level of resistance .3985 fibonachi level @ 40$. Keep your alerts on for big move. Kryptokiller out.
Uniswap breakout The bullish bias for uniswap still holds as it continues its rise to new all time highs
long uni. good for $44 USDUNI is into price exploration mode and could get as high as $44 USD before correcting!
Uniswap technical breakout on high volumeUniswap ( UNI )
Martket cap = $9,353,628,429
Rareness / max supply = 1,000,000,000
Birthday = September 17th 2020
Market rank = #12
Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
Uniswap to $ 33.3 Before March 15Uniswap new price target : $33.3
When: Before March 15
Growth: 50%
Buy : YES
Trade at your own risks
UNI-USD Bull PennantU.P.T. = $26.22
D.P.T = $14.62
More Power To All Your Trades, My Friends!
Ron
Intrepid_Trader
UNIUSD Consolidation in Bull PennantWait until it break over 22.5. Manage your risk after. Targeting 24.5 and 29. This one is a bit tough since there isn't much historical data.
Stop Loss set at $19.5
UNIUSD: 1D watch for possible small head and shoulders formationAs above.
Watch for neck line to break and more down trend to continue if that H&S formation plays out.
MACD on 1D also look like more bleeding ahead.
Good luck traders!
UNI ABCDE formationTrade is to short at D point... Beautifully forming and ABCDE...
Let's see where it will go next... Moving in triangles with increasing strength on RSI confirming a 5 point with high highs...
