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UNI

#UNI Uniswap 1D - Big Move ComingHello friends, today I am reviewing the 1D chart for Uniswap (UNI) on a linear scale. In the chart I noted: 1) The price has been in a long term triangle with a breakdown since May 2021. 2) Currently, the price hit the bottom of the long term trendline since January 2021 and bounced off of it. 3) The price has the potential to move up about 20% to around $25.41. 3) The RSI came out of the oversold region and has potential to bounce towards the top trendline. 4) The Ichimoku Cloud is above the price and at the top of the cloud is where the resistance is. 5) The Volume is currently very low. If volume comes in, we may be able to break out of this long term triangle. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITFINEX:UNIUSDLong
by MillionaireEconomics
1
🆓Uniswap (UNI) Nov-19 #UNI $UNIUNI dropped quite strongly after failing to conquer the $28 zone. The $18 and $20 zone is a good support zone where we can start accumulating UNI for our targets at $24, $28, $32 and $36 in the near term. But if it loses the $18 zone, it will continue to plummet to the $14 zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 18$ zone 🔴Buy : 20 - 18 🔴Sell : 24 - 28 - 32 - 36 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 18$ zone 🔵Sell : 18 🔵Buy : 14 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
2