Link is extremely bullish right now, don´t loose it.LINK has being forming a great pattern for a bull run in the next days weeks, out of all the alts that I am analyzing LINK is my biggest bet for sure.
Why? On the USD pair we can only see the end of that bull flag starting to show, but on the BTC/LINK pair is even more bullish, we can clearly see a W pattern forming against BTC.
So, if you want to increase your BTC`s, Link is the way to go right now, be prepared for the jump.
UNI
UNI/USDT - broke out of the key levelThe price has been in a range since yesterday. Today we broke through the key upper level and move up to 31.4696.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
UNI: Coinbase IPO = UNI Target Price of $131Just want to put out a short Fundamental Value note on UNI
UNI is worth $131 considering the relative value of where Coinbase will list its IPO which looks to be at or above $68B in equity value alone.
UNI does very similar daily exchange volumes at nearly ~$2B / day relative to Coinbase and will likely surpass Coinbase in exchange volume in the next 30 days after UNI implements its major upgrade for efficiency and a later upgrade that will focus on reducing gas fees by May.
Public comps like this are god-given gift b/c the value will be visible to anyone and this will attract investors to UNI as it will be clear that it is massively undervalued at $14.5B market cap. If UNI were to trade more in-line with this public comp, that would equate to a price of $131 per UNI. Therefore my PT by the end of April is $131 .
Coinbase will list its shares mid-April.
Source: Coinbase puts its value for Nasdaq Listing at $68 Billion
Coinbase Global, the largest cryptocurrency exchange in the US by trading volume , has registered 114.9 million shares for a direct listing on the Nasdaq stock market.
The company, founded in 2012 by Brian Armstrong, who is the CEO, and Fred Ehrsam, said in a regulatory filing to the Securities and Exchange Commission that recent private transactions had valued the San Francisco-based business at around US$68 billion. The valuation is almost 53 times its revenue in 2020.
In the filing, Coinbase said its stock in the private market traded at a weighted average price of US$343.58 in the first quarter of 2021 to 15 March. In the third quarter ended 30 September, Coinbase’s stock traded at an average of US$28.83 per share for a valuation of US$5.3 billion. According to data platform PitchBook, Coinbase was valued at a shade over US$8 billion during its last private raising of funding in October 2018.
UNI Bullish IF we Break $29.5 ResistanceBINANCE:UNIUSDT
UNIUSDT No Sitting on a Interesting Area
1. it's at the bottom of daily ascending channel and did couple of Reactions to it and now bounced back from 50MA on daily
So basically it's ready to meet the median line of the channel ($34.5 area)
but we're touching the $29 resistance area (Yellow box), this Static resistance now is aligning with 50MA and 200MA as dynamic resistances on 4H Chart So need to break it to Being Bullish on it
If that happens i'm going to enter
Targets Are: $34-$35 area (TP1) / $42 (TP2)
Stop-loss: any 4H Candle close below the yellow box
NOTE: I don't recommend Entering now but if you're going to stop-loss would be any Daily Candle close below $26
Hope You Enjoy
Uniswap (UNI) Ascending "Unicorn" Formation Before V3 May 2021I'm really liking this ascending triangle formation for Uniswap. We've held a beautiful bull trend line since January 11th and it is still holding nicely. This is only complimented by the fact that Uniswap will have a major upgrade to Version 3 sometime next month in May. This is very bullish news for the all the Uniswap holders out there and for anybody that uses the Decentralized Exchange.
Uniswap has proved to be one of the most important and significant cryptocurrency projects in this ecosystem holding a steady top 10 cryptocurrency position. It is the king of the DEX's. I believe we will continue to see increased adoption and liquidity grow on Uniswap throughout the year especially with the much anticipated upgrades with V3. I personally believe that probably won't see Uniswap under $30 much longer. However I'm no financial advisor. Much peace, love, health, and wealth.
BTC trying to confirm the bull flag breakBTC is resisting over the bull flag channel, trying to reach new levels in the next days.
I have some alarm at 57k to take some profits in case we go back to retest lower levels.
But on my opinion we are not retesting the bottom of the channel since we have 2 supports that could hold us right now.
First one is the support levels from the beginning of the bull run around 55k-56k, and the second one is that red triangle that we created recently around 52k.
In all those cases we are set for a uptrend this month to either the top of the triangle around 64k-66k, or 81k.
That´s all folks, have a good one and lets keep our eyes on that channel.
LINK continues to be awesomeI know many lost their hopes on LINK, and that´s why it will go up. Only the real holders make good profits on it.
Link´s channel is too big since the beginning of the bull run, and is hard to predict short term moves. Just accumulate that baby and thank me later.
Have a good one guys.
UNI/USDT - waiting for the patternCoin formed the local range. The major problem of UNI that it rose up so much and broke down big accumulation. I don't see an entry point at this moment. If the price continues to create a beautiful trend line, only in this case I will start to buy.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade