UNI
Uniswap: No breakout of its triangle yetDespite the latest rally, UNI touched its dynamic resistance only to pull back. UNI is still trading perfectly within its triangle. I'm trying to gather evidence about the hypothesis that this triangle (appearing on other crypto tokens as well) may turn out to be bearish. I'm still undecided because there's so much manipulation going on. Yesterday I was sure we had a clear bullish signal but the long wick and shooting start pattern on the daily is worrisome.
Uni is going to break through this resistance zone 🤯After yesterday's rise in bitcoin, all altcoins also rebounded strongly, with Uni rising 20% to a resistance level of $16.88, before declining slightly.
The Uni is now declining near this resistance level, which is a signal for a breakout and continuation of the trend.
If the price breaks this level and tests it as support, it would be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
UNIUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. The price is close to its resistance and is fluctuating and the strength of the trend is weakening. If it can not stabilize above the line, we consider more fall. But if the price can stabilize above the line, we consider the price increase. We must keep in mind that the price can implement the twin floor pattern, which increases the price.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Uniswap(UNI) big chance that will drop 50% if break this SupportPurple Line = Weekly Support
Red Line = Daily Support
Orange Line = 4 Hour Chart Support
Yellow Line = 1 Hour Chart Support
UniSwap (UNI) is on the way that break Weekly Support level, if that happen UNI has only Daily, 4 Hour and 1 Hour Support Level as obstacle and if we see Daily, 4 Hour or even 1 Hour Bearish candlestick which close bellow yellow line We can expect that price will drop from $14 to next Daily Support Zone on $7 because downtrend is confirm by Daily Descending Triangle too.
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UNIUSDT NEW ANALYSIS...Hello to every one,
Here is the analysis of UNIUSDT. As you can see, the price has hit the MA200 and is over the previous resistance zone.
The RSI shows that we have a downtrend action reaching the pointed entry zone.
*NOTE: This content is just a personal idea. Trade at your own risk.