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UNI

That´s why you should always take profitsBTC is just lateralizing in the triangle and people are going crazy, but those that follow the basic rules of risk management are not. Please, if you are one of those guys that 100% in during the dump (and you are not a holder), start to learn more about risk. Anyways, BTC need to hold the support inside the triangle which I believe it will, I also believe that if that happens, alts will pump to the moon in the meanwhile since BTC dominance is going lower everyday. If we break that triangle to the downside I suggest traders to scape and wait for a touch in the weekly 21 Moving average. That´s all folks, stay safe.
BITSTAMP:BTCUSDLong
by ViniciusBaccelli
2
UNI to $200 - COINBASE Q1 Earnings show Insane Profitability COIN Q1 2021 Earnings - reported April 6th after closing bell Before you say moon boy - please hear me out. Coinbase (COIN) just announced 1st Q 2021 Earnings and they were absolutely mind bogglingly spectacular... I mean absolutely absurd. Revenue / EBITDA / Net Income smashed any expectations. Q1 2021 Revenue came in at $1.8B / EBITDA $1.1B / Net Income $800M. COIN generated more revenue in a single quarter than it produced in all of 2020... let that sink in for a bit. Link to COIN Q1 Earnings Results Why is this bullish for UNI? COIN will list on NASDAQ on April 14th in a Direct Listing IPO and will begin trading with live prices which will immediately inform all market participants what the value will be. My view is that COIN will likely IPO at $100B market cap and will likely double in value to $200B in market cap on the same day - a 100% return in a day. The average tech IPO lists at 24x P/S - if we're conservative we can take a forward twelve months view including Q1 Actuals. If we do this we get nearly $200B market cap. COIN could legitimately trade at double whatever price it initially lists at and it would imo be a fair price to pay considering the growth of COIN's Revenue / EBITDA / Net Income. Most tech IPOs aren't even profitable on day 1. COIN is massively profitable. Now, getting to UNI - this relates directly to UNI as UNI is a direct comp to COIN. I know that one is a CEX and the other is a DEX, but they provide the same function at the end of the day which is provide users the ability to trade, purchase, and invest in cryptocurrencies. UNI imho has the edge in cryptos as nearly >500 coins are listed on UNI while COIN is limited in what it can list and will have greater scrutiny going forward being under the SEC / FINRA greater regulatory framework. At any rate, UNI's current market cap is ~$16B. If COIN lists at $100B and then subsequently trades up to $200B market cap then imo UNI should be worth at least half the value of COIN at a very minimum! UNI already does more exchange volume than COIN and has more listed coins by a large margin. The only thing COIN has over UNI is that COIN has a larger asset base with nearly $90B of institutional funds sitting in custody. The comparison to make with UNI, and it's not perfect, is the Total Value Locked (TVL) or staked / vaulted in UNI which has been rising exponentially. A week ago this was at $4B. Today that value is north of $6B. This could realistically grow to over $50B by June / July. Despite the higher ETH fees, UNI continues to outpace COIN in daily volume which is impressive to say the least. It's very apparent that there are some massive players operating on UNI - from family offices to large Investment Banks. This is an important sign that UNI's trading platform offers superior performance and is a sign of things to come for anyone holding UNI as it will continue to outcompete as the majority of interesting projects are still forks of ETH. Consider that 50% of the top 10 coins by market cap are running the ETH protocol or are forks of ERC-20.... ETH, BNB, USDT, UNI, LINK. This is important as the majority of the MOST successful projects are running ERC-20 and this is precisely what UNI allows to trade on its platform. I'm sure one day when atomic swaps are a thing or another layer 2 upgrade is incorporated - UNI will eventually offer non-ERC-20 coins but for now it's not really that necessary considering that there are still tons of intriguing opportunities in the ERC-20 space. Conclusion All things considered, if COIN lists at $100B then trades up to $200B based on my fundamental view, UNI should at least be worth half of what COIN is worth at a minimum - this would put UNI at $191 / share
Long
by ich1baN
16
All alts are mooning, what to buy?! UNISWAP!Update on my previous UNI review and now on a daily time frame. In short; UNI has seen a big rally in anticipation for its V3 dex and consolidated from 36,6$ (ATH) to 25,3$. Now, we are in alt mania days and a lot of alts already pumped so you dont wanna chase those, so which one still has a lot of upside potential? In my opinion this is UNISWAP, why? - MACD just (!) crossed on the daily - RSI is healthy, nowhere near overbought; setting a higher low, aiming for a higher high - UNISWAP V3 dex is coming at the start of May and the price will rally in anticipation to launch - its alt mania; all alts are mooning and UNI is still catching up - In case of a very strong rally we could hit 50$ and gain 60+% against the USD and minimum 25-30% against BTC. I dont see any reason not be exposed to UNI but ofcourse make your own analysis. You can check other alt coins that are ready to moon on my profile or with the links below. IMPORANT: trade or invest at your own risk and research.
Long
by cryptobullethbtcxlm
2
Great consolidation before HUGE IMPULSE!📈Good day, wolves🔥 One more interesting idea for today. There is a symmetrical triangle pattern on UNI/BTC on 30min frame. There was a strong bullish sentiment before. According to Elliott Waves theory Wave D is done and the price is heading to Wave E now. So follow the chart and look for the breakout carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
by Berzerk_invest
UNI potential next moves??UNI has been forming a nice triangle... If it´s not too late we could see a breakout to new ATH... We could also break down and pull back from the trend line... - this is where I would be making a trade If we break the trend line we could move to our last big support level around 20. And also we could also see just consolidation out of the triangle just as ADA did last week. With enough volume, we could break out... we also need to see what BTC does...
Long
by MikesJakub