UNI/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick
UNI/USDT analysis update
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-UNI/USDT is triangle pattern create and buy the dip green zone and long term hold
Entry:- CMP And buy the dip in the green zone
Target:- 350%
Stop loss:- $4.27
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Uniao13
bitcoin long term 2011/2020 priceinteresting observations on btcoins price history.
--Bitcoin (blx coin) on 1W timeframe--
-aproxx every 53 bars, or 370 days before each block halving, the price finds a bottom:
(eg: oct/nov2011, june2015, and more recently march 2019 and march 2020)
Price coils inside the fractal trendlines (red and purple flag formation on 1W tf), then breaks out on/around the time of the block halveninnng.
Price makes a new ATH and roughly after 600 days (1 year and half) passing the halving, the price is already on its way down from the bubble pop, eg: Aug2011, Jun/Jul2014, April/May2018, and if the fractal continues then March2022 in 1.5years from now, finds new bottom 378 days before the halvening of 2024 on or around Q1 of 2023
--Now the question is, since the price hasn't yet broken out of the flag formation (red and purple support and resistance trendlines) it can even breakout between Q4 of 2020 and Q1 of 2021. The price reaching the top of the red resistance trendline and retesting as support then taking off and next bubble poppin on or around march 2022.
IF the price breakouts like previous halvings, price will be the following the same projection as the yellow and blue fractrals