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UNI

📈UNI Spot Buying Entry Analysis🛒🔍Today, let's analyze UniSwap (UNI) focusing on the daily timeframe for spot trading, aiming to identify optimal entry points for buying. 📈After a sharp upward movement towards resistance at $15.402, UNI initiated a correction, extending to the 0.5 Fibonacci level, where price reacted twice. ✨A closer examination reveals a descending triangle formation approaching its apex. Upon breaking the triangle's support line, a short position opportunity may arise. However, caution is warranted as breaking the support enters the golden Fibonacci ratio zone, likely prompting significant reactions. 🛒For spot buying, patience is key, waiting for the trend to break and confirm above $12.964, which would serve as a consolidation trigger for a logical spot purchase. 🐢For those seeking more certainty, waiting for price confirmation above $15.402 before entering a buy position is advisable. A concern arises from declining volume, indicating diminishing interest in UNI. Healthy volume is crucial for sustained price movement, whether upward or downward. ✅As for targets, considering the area around $22.718 could be prudent. Upon reaching this level, decisions regarding profit-taking or holding can be made based on price reaction. 📝Overall, UNI presents potential entry opportunities for spot buying, contingent upon price confirmations and volume considerations. Vigilance and strategic decision-making are essential in navigating UNI's current chart dynamics. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Long
by itsparham96
1
UNI/USDT - Uniswap: Trend Reversal◳◱ On the $UNI/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 12.758 | 14.116 | 16.637 and support near 10.237 | 9.074 | 6.553. Entering trades at 11.517 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Uniswap ▣ Rank: 23 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Financial - Decentralized Exchanges ▣ Overview: Uniswap is a decentralized exchange built on Ethereum that utilizes an automated market making system rather than a traditional order-book. Instead of matching individual buy and sell orders, users can pool together two assets that are then traded against, with the price determined based on the ratio between the two. ◰◲ Technical Metrics : ▣ Mrkt Price: 11.517 ₮ ▣ 24HVol: 15,682,647.271 ₮ ▣ 24H Chng: 2.183% ▣ 7-Days Chng: -7.20% ▣ 1-Month Chng: -18.85% ▣ 3-Months Chng: 91.69% ◲◰ Pivot Points - Levels : ◥ Resistance: 12.758 | 14.116 | 16.637 ◢ Support: 10.237 | 9.074 | 6.553 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -3.46 ▣ Last 90D: 2.39 ▣ Last 1-Y: 1.03 ▣ Last 3-Y: 0.21 ◲◰ Volatility : ▣ Last 30D: 0.85 ▣ Last 90D: 1.35 ▣ Last 1-Y: 0.91 ▣ Last 3-Y: 1.08 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.59 - Bullish ▣ Reddit sentiment score is 0.77 - V. Bullish ▣ In-depth UNIUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
UNI looks bullishUNI looks to be inside the bullish wave C. The degree of this wave is big and it is expected that this wave will continue for months. The SWAP range is the right place for buy/long positions. The targets are clear on the chart. Note that these targets are medium term. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
UNI/USDT descending channel assessing key resistance? 🚀UNISWAP 💎 Paradisers, pay attention as #UNIUSDT showcases an intriguing move. Following a descending channel, it's recently broken above and is now testing a critical resistance at $12.763. A successful breach of this resistance could significantly boost its chances for a bullish journey past this barrier. 💎 Amid market volatility, if $uniswap struggles to surpass the R1 resistance, we'll consider adjusting our approach. We're eyeing a bullish bounce from a lower support at $11.317, a level where the price has previously found footing. 💎 A drop below this key support level might signal a transition to a more pronounced bearish phase, accompanied by heightened selling activity. Maintaining alertness and flexibility is essential as we monitor the #UNI market's shifts.
Long
by MyCryptoParadise
2
Cryptolean Uniswap UNI Update Uniswap is trying to reverse from the key daily support level at $11.25. A bullish reversal from $11.25 will result in a move to $12.63 and, possibly, higher to $14.28-$15.45. A bearish break-out of $11.25 will push #UNI price lower towards $8.68. Intraday Chart The UNIUSDT 4-Hour chart is bearish and teasing $11.97. A bearish breakout of $11.97 or a bearish rejection of $13.11 will push Uniswap price towards the key intraday support zone at $9.63-$10.60 and, possibly, lower towards $7.33, to close the gap formed on February, 23. A bullish break-out of $13.11 will push price to re-test $15.24, however the price action may be slow and choppy. Support once read! Thank you
COINBASE:UNIUSD
by Trade-Lean
Is UNI's next target $26?Hello everyone! I suggest paying attention to the #UNI token on the UNISWAP DEX. On the chart, it is clear that after the last bullish market, a correction has started, forming a 3-wave Elliott correction structure. Currently, according to the plan, we are in the first impulsive wave of growth. The asset has already successfully held above strong Fibonacci levels and even reached the target level of 0.618, from which the correction began. You can consider entering a position from the current price values or place buy orders from the 0.5 Fibonacci level. Target - $25.91 The final profit is over 100%. It depends on where you open the position from. This is not financial advice, everything you do is at your own risk! Follow me to get even more trading ideas!
Long
by TradeMyIdea
UNI/USDT Break Alert!! Indicating Continue upward Movement!💎 UNI has recently encountered significant market dynamics. Currently, UNI has successfully broken out the supply area. 💎 There may be a retesting phase at the demand area, which was previously the supply area, before continuing its upward movement and reaching our target area. 💎 During the retesting phase, it is crucial for UNI to bounce from the demand area if it intends to sustain its upward movement. However, if UNI fails to maintain the demand area, there is a possibility of a breakdown below the support area, leading to a return to lower price levels. 💎 At the support area, it is imperative for UNI to bounce and reclaim the area above the resistance for continued upward movement. Failure to do so could signal a bearish trend for UNI, potentially leading to further downward movement in price.
by MyCryptoParadise_Nathan
UNI/USDT (Uniswap, DeFi) Main trend. Pivot zones. UnlocksLogarithm. The main trend (all trading history). Time frame 1 week. The main trend to understand the main trend and cycles. Long-term position work in the spot (you don't need to hold your coins on the exchange, so you reduce the risk). If you are not working locally, there is no point in holding coins on exchanges, which can appropriate your funds in case of "force majeure" circumstances under the general market situation. If you work long term, then you will sell some part of it after a few months (the probability is no more). Then buy back most of the profits and some of it already in the main distribution cycle, that is, in a few years (1.8-2.2 years, the peak of the market). It is worth noting that in 2023 there is quite a lot of unlocking of coins on this cryptocurrency. Shows the percentage of price growth from the main reversal zones from the key support/resistance levels in the case of retention or on the contrary breakout. The work with martingale in case of a negative scenario (averaging, predetermined amount of money). This is what it looks like on a line chart (without market noise). This non-logarithmic chart was published about a year ago at the beginning of the accumulation (sideways) channel formation. UNI/USDT Main Trend. Time frame 3 days. News background now: Uniswap Labs announced the launch of Uniswap v4
by SpartaBTC
34
UNI/USDT Crucial area. Could Break this area or rejected ??💎 UNI has recently demonstrated notable market dynamics, currently encountering resistance in the supply and Bearish Order Block (OB) area. 💎 A breakout above this zone is necessary for sustained upward movement, probability leading to significant price appreciation and the attainment of our target area. 💎 However, if UNI fails to break out above the supply area, it may face rejection and retreat to the support zone around 5.61 to gather new bullish momentum. 💎 Upon reaching the support area, UNI needs to bounce back upwards to resume its upward trajectory and attempt to breach the supply zone once again. 💎 Should UNI break below the support level, it would signal a shift in market sentiment towards bearishness, potentially leading to further downward movement towards the demand area or even lower.
by MyCryptoParadise_Nathan
4
Uniswap's L2 Transaction Volume Hits $200B ATH, UNI Price ReactsUniswap's Layer-2 (L2) ecosystem has achieved a monumental milestone, with its transaction volume surging to an all-time high of $200 billion in February 2024. This remarkable feat underscores Uniswap's pivotal role in revolutionizing decentralized exchanges and automated market makers. Uniswap's L2 Transaction Volume Hits Historical High: Data from crypto analytics platform Dune has confirmed the unprecedented success of Uniswap's L2 ecosystem, encompassing platforms such as Arbitrum, Polygon, Optimism, and Base. The cumulative transaction volume has skyrocketed to an astounding $208.11 billion, marking a staggering 280% increase compared to the previous year. The surge in transaction volume has elicited a positive response from the crypto community, particularly towards Uniswap's native token, $UNI. The announcement of a proposal by the Uniswap Foundation aimed at upgrading protocol governance, coupled with the redistribution of protocol fees to CRYPTOCAP:UNI token holders, has catalyzed a 15% increase in the value of $UNI. However, despite a temporary slowdown, UNI continues to demonstrate resilience, trading at $12.22 with a 5% increase within the past 24 hours. UNI's Multiple Milestones: The exponential growth in Uniswap's transaction volume signifies the robust performance of its decentralized exchange ecosystem. Anticipation mounts for the launch of Uniswap V4, the exchange's forthcoming non-custodial, non-upgradeable, and permissionless automated market maker protocol, slated for release by Q3 of this year. Furthermore, the unveiling of Uniswap V4 has fueled additional excitement within the crypto community, propelling CRYPTOCAP:UNI 's price to new heights. The recent surge in CRYPTOCAP:UNI 's value, including an outstanding gain of 70% on February 23, can be attributed to the decentralized exchange's strategic changes in fee mechanisms, benefitting UNI token stakers. CRYPTOCAP:UNI 's meteoric rise not only signifies a paradigm shift in the DeFi sector but also underscores Uniswap's pivotal role in shaping the future of decentralized finance. As attention shifts from traditional financial paradigms to DeFi innovations, UNI emerges as a beacon of transformative potential, leading the charge towards a more inclusive and decentralized financial ecosystem. In conclusion, Uniswap's soaring success, marked by its monumental transaction volume and UNI's price reactions, reaffirms its status as a trailblazer in the ever-evolving landscape of decentralized finance. As Uniswap continues to push the boundaries of innovation and adoption, the possibilities for decentralized finance are limitless, heralding a new era of financial empowerment and autonomy.
COINBASE:UNIUSDLong
by DEXWireNews
Market Update - March 1 2024 BTC Surges to 2-Year High: The price of bitcoin (BTC) has soared past $59,000 after weeks of consolidation, setting the stage for a potential challenge of its record high of $69,000, driven by institutional demand, anticipation of the upcoming halving, and other catalysts, with MicroStrategy adding 3,000 BTC to its holdings. ETH Surges, Outperforms Bitcoin Amid ETF Launch Optimism: The price of Ether (ETH) continues upward, outpacing BTC as it approached 0.06 on the ETHBTC pair but ultimately facied resistance. It remains elevated at around $3,350, amidst anticipation of a potential approval for a spot ETH ETF. UNI Price Soars on Governance Reform Proposal: Uniswap's (UNI) value surged dramatically after the Uniswap Foundation released a proposal for overhauling its governance system, with UNI token holders potentially receiving rewards, leading to a remarkable price increase of over 50% in a day, hitting $12.86, its highest point in more than two years. AR Gains +75% On Testnet News: On Tuesday, Arweave (AR) announced the release of the public testnet for Arweave AO. According to the Arweave team, this will be a scalable blockchain network, built upon the foundation of its existing data storage platform, promising substantial scalability enhancements compared to other blockchains. AR has emerged as one of the standout performers in the past seven days, trading up +75%. 🐂 Topic of the Week: What makes a bull market? 👉 Read more here
GEMINI:BTCUSD
by Gemini
1
UNI/USDT Break the key resistance area. Bullish Momentum ???💎 UNI has been a focal point in the cryptocurrency market, having recently achieved a significant breakthrough by surpassing a key resistance area and breaking out of a bullish pennant pattern. 💎 This advancement indicates a potential retesting phase at what was previously resistance, now serving as support. Successful retesting could pave the way for continued upward movement, with the next target being a strong resistance area. 💎 During this retesting phase, it's crucial for UNI to demonstrate a robust bounce off the support area to maintain its upward trajectory. Failure to hold this support level could result in UNI retreating to the demand area, specifically around the $6.1 mark. 💎 The $6.1 demand zone becomes a critical point for UNI. For the asset to resume its upward path, a strong rebound from this level is necessary, aiming to surpass and sustain above the former resistance level. 💎 This action is vital for continuing the upward movement towards the strong resistance. Conversely, if UNI fails to hold this demand level and breaks down, it could signal a shift towards a stronger support area.
by MyCryptoParadise
UNI/USDT Bullish Surge from Key Demand Zone? 🚀UNISWAP💎 Paradisers, get ready for an exciting trading prospect with #UNIUSDT, as it shows promising signs of a bullish continuation from its demand zone. 💎 Exploring #UNISWAP trajectory, we've observed its ascent from a significant supply level at $7.727. After a brief deceleration, our focus shifts to a potential bullish leap from the demand level of $7.232, where an abundance of liquidity further bolsters the case for a reversal. Remaining steadfast at this point could set the stage for the bullish expedition we're envisioning. 💎 If momentum for #UNI starts to wane, our eyes are on a rejuvenating rebound from the firm demand level at $6.916. However, a descent below this pivotal level could signify the beginning of a more pronounced bearish trend.
Long
by MyCryptoParadise
1
The last squeak of the bearsTo date, the market has worked out clearly according to the main scenario without surprises. The attempt to rebound from 3k to the reversal of the month at the change of the weekly candle was completely absorbed against the background of a weakening dollar and the opening of the second half of the quarter above 2600. We also successfully took 2750, which, as I emphasized, significantly reduced the activity of sellers and gave the signal for the test of 3250. The bears still have a few days left for a new blow for the turn of the month, which should be prepared from 3250 and 3500. With the current market situation, the probability of sales this month has decreased significantly and the probability of opening a new month above 3500 prevails, which will provide strong support to the market in the new month. The eth/btc pair also continues to grow, according to which I marked the target on the test in the range 0.100-125. In this situation, the ground for viola breakouts continues to improve. I am mainly paying attention to the vip cup deep oki ax asr tm, for which goals up to 100%+ remained unprocessed.
BITSTAMP:ETHUSDLong
by Strateg_