Uniswap (UNI) $20 Support Forming Road to $27?What a magnificent performance we have been witnessing from Uniswap since the begging of this year. Cheers to everybody that has held to $20! Every hodler, trader, and investor should be excited and thankful for the explosive growth that we have been seeing with Uniswap and within the Decentralized Finance (DeFi) realm overall. Almost every week we have been seeing the DeFi sector increasing Total Value Locked (TVL) by the billions.
It is very refreshing and reassuring to see Uniswap hugging the 2.618 Fibbonacci level of $20. Many believed we'd dump right after $20 but that doesn't seem to be that case so far. We've traded through $20 five times starting to form the basis of a $20 support area. As of right now we have a low support of $17.80 and a resistance of $21.56
The next destination for Uniswap will be the 3.618 Fibonacci level putting us at a new all time high target of $27.00 if this momentum continues. So far Uniswap just reached a milestone of 30 Billion dollars in Total Value Locked (TVL) and is nearing 4 Billion dollars worth of liquidity.
Uniswap is only about 2.8 Billion dollars away from Binance's 8.6 Billion dollar market capitalization. If we continue this bullish momentum througt 2021 there's doubt in my mind that Uniswap will eventually be the biggest cryptocurrency exchange overtaking Binance. Uniswap is truly a game changer and as always I'm keeping a nice bag of UNI for the long term.
Much Peace and Love! Cheers!
UNI
ASTBTC GOING PARABOLIC?AST is still super undervalued compared to its competitors. The uniswap token is a 100X more expensive than this. If they can innovate and make a feeless decentralize exchange they will come out ahead. ETH prices and GAS costs are becoming enormous. Could be a good buy and hold.
UNISWAP next green leg immitentBullish pattern remains for UNISWAP.
Strong purple support line up. RSI not dropping inside closing triangle.
Seems like this was on short breather for cople days, and im feeling the next leg in 48hours.
Also volume dropping down - which means the big move is ahead.
Target for next week 25-27$.
Patience is the key.
FIL - 4h. Buyers are preparing for the test $28.4Probably the most that FIL investors like in their lives is to watch the price move in consolidation . If we analyze the history of FIL, we see that there are not many trend movements.
While the entire crypto market is growing steadily, the price of FIL has been consolidating for the second month. However, there is hope for a new impetus for growth with a target of $28.4.
If you look at the FILBTC chart , we see that the volume of sellers is declining and buyers have managed to keep the trend line.
If bitcoin does not plan to fall sharply in the near future, the price of FIL is likely to rise by 20%.
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UNI 4h A strong momentum nearWe wrote a lot about UNIUSDT in the previous idea , check if you are interested in this coin.
Now we want to remind you that the consolidation triangle is nearing completion and there will be a strong momentum.
The upper limit is 20.80 and the target is 23.50
The lower limit is 20.10 and the target is 18.60
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ETH/USD, Now and LaterI see something like this for $ETH in the next few weeks. Overall still bullish, but wouldn't mind short scalping here. RSI Bear divergence on this high. A retrace like this would be healthy for the overall markets. Scary but 35-50% drawdowns are typical in crypto, $1k and $850 range for ETH. I would scale out on ALTS into $USDT or $BTC and $ETH off of the insane recent run.
UNISWAP ASCENDING TRIANGLE Hi guys, UNISWAP is a token from a platform that allows you to convert crypto into many cryptocurrencies (that aren't on other exchanges).
As always a nice acending triangle could lead to an very bullish trend, (UNI is already in an super bullish trend).
For me this crypto is still very under-evaluated. The key is this (as all crypto) crypto is volume, and it actually generates a lot.
TARGET : MOON
UNIUSDT (UNI) - POTENTIAL BREAKOUT ANALYSIS 🔎
- UNIUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
UNI possibly hitting $30 by March?The next 4 weeks where UNI price points could end up if continuing on this path. $30 is looking more like a reality for UNI especially in light of our corrupt financial markets finally getting the attention needed. DEFI is heating up!!! This is only an idea and should not be used for trading. Please do your own due diligence. Please share your opinions.