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UNIUSDT trade ideas

#Uniswap in a Rising Wedge, Support At Dec 2022 Highs at $6.5Past Performance of Uniswap Uniswap prices may be wavy, moving in a mix of up and down bears, but the uptrend is clear. Buyers are in control, trading above December 2022 highs of around $6.5. In the days ahead, traders should track how prices react at support, the $6.5, and the middle BB, the 20-day moving average. Sharp gains above yesterday's highs at $7.5 will see UNI climb above November 2022 highs, reversing losses. #Uniswap Technical Analysis The path of least resistance is northwards for UNI. Though prices are wavy with bear and bullish bars in the mix, it is until the coin breaks above $7.5 that conservative traders can accumulate. For now, prices are inside a rising wedge, supporting optimistic bulls. Aggressive traders can buy the dips as long as the coin trades above $6.5, targeting $7.5, and later $9.5, if buyers step up in a bullish continuation formation. If not, losses below $6.5 may see the token drop to $6 and $5.5 in an inevitable correction. What To Expect From #UNI? Buyers could be firm, but the uptrend will be more solid should a convincing, high volume close above the rising wedge. In that case, UNI may rally to $9.5 as buyers double down. Resistance level to watch out for: $7.5 Support level to watch out for: $6.5 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
UNI another leg upUniswap is breaking out and looking for a safe trade here. RISK-REWARD The Risk to Reward ratio on this trade is 7.2 so it is quite high, we recommend to close 75% of the position at the $7.7 area. POSITION SIZING We would not recommend anytime to open position more than 2-5% of your balance, but in this trade we are currently opening a 5% trade I am so grateful for the support and engagement of my readers. Thank you for taking the time to read my analysis and for providing valuable feedback and insights. Your support means a lot to me and it's an honor to be able to share my knowledge and experience with you. I am constantly inspired by the community on TradingView and I look forward to continuing to learn and grow together. Thank you again for your support and for making this journey so enjoyable!
Long
by Dandady
UNI ready to explode?Hello everyone, today we have #UNI Coin Analysis It got on our Watch List back in June during the rebound of the market, as it grew stronger than the market. After that, UNI held up just as well during the #FTX scam. We were able to hold the $5 level and now we are above all the moving averages #Bitcoin and the entire market in general are looking very strong right now, but we would first expect a good growth in Ethereum and then UNI Potential Targets $7.5 and $9.5
Long
by razumcapital
UNI Breakdown!KUCOIN:UNIUSDT Since posting a few days ago, UNI ran +25% and started to print a flag that developed into a descending triangle. After the "liquidity run" (see 1-hour) I entered on 5m in the yellow dotted zone for a quick short and ~9%. PLAN NOW: 1. Bearish Retest of Triangle could provide a further SHORT opportunity to the white pullback zone as a possible target. 2. If the price breaks back into the Descending Triangle look to LONG trapped bears. This market is dynamic and with patience you can execute laser moves. As usual Bitcoin rules the direction. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Short
by imr4nkh8n
UNIUSDTDisclaimer High Risk Investment Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form. A qualified professional should be consulted before making any financial decisions. -------------------------------------------------------------------------------------------------------------------
Long
by TraderBibres2003