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UNI

🆓Uniswap/USDT Analysis (10/2) #UNI $UNIThe buying force is increasing at UNI and we can expect a strong rally in the coming days. However, to confirm this, we need to wait for UNI to successfully conquer $22 zone. And the heading targets are $26 and $32 zones If UNI cannot conquer $22 zone, it will form a Double Tops pattern at 8H timeframe and will fall to $15 zone. 📈BUY -Buy: 21-22$ if A. SL if B 📉SELL -Sell: 26-27$. SL if A -Sell: 31-32$. SL if A ♻️BACK-UP -Sell: 21-22$ if B 19$. SL if A -Buy: 14-15$. SL if B ❓Details Condition A : "If 8H candle closes ABOVE this zone" Condition B : "If 8H candle closes BELOW this zone"
by CryptoStation
5
UNISWAP- Double Bottom or Head & Shoulders. We'll find out soon!I'm picking up on a nice new continuation pattern that can send UNI forward further. Yes it has 4x'd the past 2-3 weeks. But its not done. Its adoption rate has been phenominal and its continuing to develop new use cases. So this looks like a nice double bottom at 17. Resistance to break is local high 19.8 Very deciding development here. I'm holding but i'm also buying more if it breaks above 19.8 with support and volume. I'm selling below 17 because it would complete a pretty well formed head and shoulders (reversal) pattern. I'm 60/40. Our btc-eth-alt cycle is a little out of wack because eth beat a few alts to the ATH party. That said i think this plays out better for ALTs but UNI is one of those alts that DID beat ETH to the ATH party. SUMMARY- 60% UNI breaks through and holds 19.8 for support. From there its going to $25. 40% it doesn't, confirming head and shoulders. I'm not going to guess a bottom because it hasn't stopped to look back very often from $3 to $19. 100% certain there is signifigant movement (+/- 10-15%) in the next 24hrs. Not a professional advisor. Just like to write down my ideas and observations for personal reference. And i'm right 100% of the time...most of the time.
COINBASE:UNIUSD
by McGorgeous