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UNI

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
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!
COINBASE:UNIUSDLong
by peacefuljustin
6
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%. __________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
12