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UNIUSDT trade ideas

Fake breaking?!During the last week, UNI has registered a range below the resistance range of $5.95 to $6.35. The selling pressure observed in this currency in the past weeks has caused the price trend to change from upward to downward in the daily time. Considering the general situation of the market, the possibility of further price reduction and return to lower supports is more likely. In order to determine the fluctuation situation more precisely, we can consider a short-term ascending channel below the resistance in the 4-hour time frame. The breaking of the bottom of the channel in the range of 5.71 to 5.76 and the closing of the 4-hour candle below it can be a sign of continuing the downward trend and moving towards the main supports. The first support is in the area of ​​the previous floor at the price of $4.72-$5, but if the price hits this area with an upward slope, the probability of breaking this support will increase. In this case, the second support, which is considered in the range of 2.96 to 3.5 dollars, can be the second target of the sellers. With a very high probability, we expect a positive reaction from this area, especially at the price of $3. So, we conclude that if the selling pressure is high, there is a possibility of the failure of the previous fake floor in the weekly time frame.
by MonoCoinSignal
1
Uniswap (UNI) 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this UNI/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Uniswap (UNI) rebounded in today’s session, snapping a two-day downtrend in the process. UNI/USD hit a peak of $6.03 earlier in the day, which comes less than 24 hours after hitting a low of $5.74. This surge comes as bulls rejected a breakout of a floor at $5.70 on Thursday, with the target now seemingly a resistance of $6.50. In order to recapture this point, UNI traders will first need to overcome an upcoming ceiling on the RSI indicator. As of writing, the index is tracking at 45.16, which is under its aforementioned resistance of 48.90. Bulls will likely need to be cautious, as the momentum of the 10-day (red) moving average appears to still be bearish. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
Uniswap (UNI) Price Prediction 2022Uniswap(UNI) Price Prediction 2022 Uniswap(UNI) holds the 18th position on CoinGecko right now. UNI price prediction 2022 is explained below with a daily time frame. The above chart of Uniswap(UNI) laid out an Ascending Triangle pattern, The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level, the price will continue to move up in this ascending triangle pattern. Currently, Uniswap(UNI) is in the range of $5.97 If the pattern continues, the price of UNI might reach the resistance levels of $6.57 and $7.82. If the trend reverses, then the price of UNI may fall to $5.41 and $4.72. Uniswap(UNI) Support and Resistance Levels Resistance Level 1 $5.99 Resistance Level 2 $8.09 Resistance Level 3 $9.93 Support Level 1 $4.57 Support Level 2 $3.51 Happy Trading
Long
by TheNewsCrypto
16
Short UNI @ 6.300 USDT 10x leverageWe've reach a local top for the crypto market. Our momentum has consolidated and a reversal could be starting. We're experiencing a move downward on the TOTAL, as well as a move up on the DXY. A sign of a potential reversal down for crypto. If our local support at 6.2 breaks, this will be a profitable short. We will retest the 200-day EMA. Our MA on our RSI has fallen underneath our RSI line, a bearish sign. We are also extremely overvalued for 1hr time chart. Our MACD has also made a bearish crossover as momentum thins and the price has started to pull back.
Short
by WatsonsView
💡Don't miss the great buy opportunity in UNIUSD @UniswapTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.25). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . UNIUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 60. Take Profits: TP1= @ 6.70 TP2= @ 7.05 TP3= @ 7.37 TP4= @ 7.53 TP5= @ 7.79 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
1
💡Don't miss the great buy opportunity in UNIUSD @UniswapTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.25). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . UNIUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 56. Take Profits: TP1= @ 6.70 TP2= @ 7.05 TP3= @ 7.37 TP4= @ 7.53 TP5= @ 7.79 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
1
UNISWAPHello Dear friends Aren't decentralized exchanges more attractive? All patterns formed in different time frames identify higher targets. Our support areas have been well maintained so far. Provided that the orders in the area of $5.65 are not fully consumed, the possibility of continuing the upward trend to the area of $7.17 is high. Keep in mind that this view has little validity until the bullish trend breaks above the $6.38 range. We would be happy to hear your comments
Long
by FiboTech
#Uniswap Slumps 33% in 4 Days; UNI Can Retest $3.25Past Performance of Uniswap Uniswap can't resist the crypto gravity. This week alone, the token is down over 30 percent and trading below Q3 2022 lows, a critical support line. Per this formation, sellers can search for entries, unloading on pullbacks, targeting $3.25 in the short term. At this pace, UNI is at risk of crashing toward 2022 lows and caving to register new all-time lows altogether. #Uniswap Technical Analysis UNI is down 33 percent when writing and at new Q4 2022 lows, dropping below September support. In a bear breakout formation, traders can unload on every attempt higher, retesting $5.23, targeting $3.25 reading from the development in the daily chart. The breach of the multi-week support line is with high participation levels, pointing to interest. At the same time, the bar is wide-ranging, indicating volatility. This preview will change if UNI recovers above $6.10 with equally high volumes. What to Expect from #UNI? Behind UNI's crash are fundamental factors. Alameda Research held a significant chunk of the token and could liquidate, fanning the slump. Therefore, there is a high probability of UNI tanking to June 2022 lows unless there is intervention. Resistance level to watch out for: $5.3 Support level to watch out for: $3.25 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer