UNIBTC strong momentumBINANCE:UNIBTC have retraced after strong uptrend, a nice entry would be at the golden line.
I would be carefull to invest into Uniswap because its 1bil supply , true is that its being released slowly during 4 years but that does not make it attractive for me long-term.
Nice profits can be made trading 0.5 fib support and resistance
Unibtc
UniSwap UNIUSDT - Market structure + Bad signs - Last trend line is now broken, which is bad for bulls.
- We are currently in this parallel channel
- All Time Low 2.35 - maybe the market wants to kick out stop losses here before a new uptrend starts
- Double bottom at 2.48
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UniSwap UNIUSDT - Channel + Trendline breakoutAs you can see, we are moving in this parallel descending channel and also below the important resistance at 3.67. If we can break 3.67 level, continuation to the upside is expected to much higher prices. But for now, bears have full control.
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Bullish signs but still need to break this KEY resistance*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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UniSwap UNIUSDT - Elliott Wave + 0.618 FIBNext update for UniSwap. I did Elliott Wave count and i still miss one last wave to the downside. Previous low was established on 22 September. This provide us a good opportunity to buy / long in the end of 5th Elliott impulse wave. This descending trend respects the blue channel also very nicely. 0.618 fib is the level, where smart money buying crypto.
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Uniswap UNIUSDT - Double bottom patternUniSwap is still going down, below all major resistances. It is a good coin, do not get me wrong, but bulls need to do something. I am pretty much sure, that we will experience a bounce from the double bottom support line. This is crypto, not forex - and double bottom formation before a true pump is a standard.
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✳️Uniswap/BTC (13-10) #UNI $UNI #UNIBTCUNI is heading to 38000-40000sts and it may finish this target in next days. This level is really important because if it broken, we will see the 50000sts soon.
We can buy it around 30000sts for a small bag and then buy more if it drops to 26500sts
This plan will be invalid if it drops below 24000sts
UniSwap UNIUSDT - Double bottom and local supportLast time, Uniswap had a big issue at the bottom of the big channel - no buyers stepped in. I think a retest of the channel is now very likely with a double bottom combination. Also, as you can see, the local support is probably going to break to the downside. I am pretty sure there will be a bounce at 2.5 USD. This coin is a depression, definitely have a big potential, but for now, it keeps falling. In my opinion, if you want to HODL this coin, you can buy it for a cheaper price in the future.
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UniSwap UNIUSDT - Elliott Wave + new channelThere is nothing bullish about this chart yet. One more wave is likely to the downside, as we need to complete 5th Elliott Wave. In my opinion - bulls need more time to consolidate, if they want to push the price higher. I don't think that it is going to be so easy and the correction is over. First i want to see a good healthy consolidation at the bottom, before mega pump to the upside.
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UNI/BTC retest of resistance (previous support) ?Its looking like UNI/BTC aim to test previous support turn resisance now
Around 0.00035-0.00038 we should looking carfully at that level
1- if price can hold above then we can see nice move more upward and will look for buy position on pullback
2- if it hit resistance and re-tracement happen to down again then it can be a good sell position
CrossroadsLong awaited retracement (from bottom) started. As far as it lasted, seems strong but it also takes its power from the rise of BTC. Therefore any trend reversal on BTC will highly effect the road it will follow.
This is not an investment advice so please always DYOR.
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UniSwap UNIUSDT - Elliot Wave + Channel.My Elliott Wave count is completed. There should be at least a bigger bounce to the upside. The descending parallel channel respects the blue lines also very nicely. I have to say one thing - the trend is so extended and it has to come to the end.
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UNI/BTC (Bearish Key Support Break?)💎Technical Analysis Summary💎
BINANCE: UNIBTC
-UNI broke key support area and retested as a new resistance zone
-This is looking Bearish in the midterm in terms of price action
-If this small Bear flag confirms the downward direction
-The next key area of support is located at 29000-27000 sat
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UniSwap UNIUSDT - Elliott Wave + Parallel ChannelI reworked my Elliott Wave count and i still miss one last wave to the downside. This count is also a valid EW as the previous one. The descending parallel channel respects the blue lines also very nicely. I have to say one thing - the trend is so extended and it has to come to the end. There is another good buy opportunity on the bottom of the channel. See my related UniSwap idea down below ↓, also a valid Elliott Wave count.
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UNIBTC UNISWAP LONG TERM BUY ZONEUNI LONGTERM SCOOP BUYING IN THE GREEN. DCA IN ALL IN THE GREEN ZONE AND HOLD. UNISWAP V3 WILL BE COMING SOON. LOOKS LIKE A FALLING WEDGE WILL BE MADE AND MAY BE COMPLETED IN THE GREEN ZONE BEFORE NEXT MOVE UP, EITHER WAY A NO BRAINER COIN TO BUY AT THESE LEVELS, OTHER COINS ARE JUST TRYING TO COPY UNISWAP. UNISWAP IS THE REAL DEAL!! REAL LIQUIDITY, REAL BIG MONEY TRADING INSIDE UNISWAP. COME ON V3 UNISWAP!