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UNIBTC - Descison Time: Strong Trend Holding but will it?Hello Traders, Yes, a confusing tagline. UNI is holding an upward trendline as of lately on multiple time frames. We've formed somewhat of a symmetrical triangle. This can lead to two different options and consolidation I don't believe is one of them. In the coming hours/ day we will see a strong movement to the downside or up. Being an optimist, I'll point to the upside but optimism has never moved markets. So, my second fallback is looking at the charts, reading market sentiment, and using price confirmations to make decisions. As you see above, there is a green rectangle. The price is just below it. Once we see a break to the upside and a close holding above it, I will enter a long position. Choppy markets like this, will usually create opportunities for smaller gains but gains never the less. I'm shooting for 20% gains and I'm holding a very tight stop loss right below the bottom line of the triangle. Good luck!
Long
by MarkStPeter
1
It's a great buy opportunity in UNIBTC @Uniswap @Bitcoin Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00047350). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . UNIBTC UNI Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 58. Take Profits: TP1= @ 0.00053733 TP2= @ 0.00058141 TP3= @ 0.00061995 TP4= @ 0.00065474 TP5= @ 0.00073990 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
13
It's a great buy opportunity in UNIBTC @Uniswap @Bitcoin Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00047350). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . UNIBTC UNI Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 58. Take Profits: TP1= @ 0.00053733 TP2= @ 0.00058141 TP3= @ 0.00061995 TP4= @ 0.00065474 TP5= @ 0.00073990 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
UNISWAP 🦄 WHAT IS NEXT? CHECK IT OUT💸UNI - Uniswap!🦄 Good afternoon everyone! Over here my uniswap analysis for today. Uniswap is one of the most important DEX (decentralised exchange) right now! It hasn't been today too much for the last 2 weeks, and that's mostly s good sign, this means it cooled of and is ready to go again 💪🏼💪🏼 So, over here you can see the breakout with the volume confirmation (2nd pic). 🚀🚀 We might see very soon levels of; 1.24.5 - 25.9 2. 28 - 31.4 Those two are for the coming time, might UNI break these levels, I'll update you guys on the next targets! 😍
Long
by euphoricSnovv
2
Long UNI next week and beyond Last year, Uniswap proved that DeFi is the real deal, not just a nice theory. The decentralized exchange now has liquidity in excess of $3 billion and this Monday the daily volume broke $1 billion. While Uniswap is still miles away from centralized exchanges in terms of the number of users and daily volumes, we think they’ve made enormous progress and have great momentum. CND token holders are also interested to know more about UNI, the exchange’s token. So we’ve asked the following question on the Cindicator platform: “The cryptocurrency Uniswap (UNI/BTC) settled at 0.00018744 BTC at 10:32 AM UTC at the binance exchange on Friday, January 15. In your opinion, will UNI/BTC trade above 0.00021556 BTC (+15.0%) at any time before January 24?” ------------------------------------- Assurance: 71% This suggests that Hybrid Intelligence is bullish on UNI, expecting it to outperform Bitcoin. We’ve also asked Hybrid Intelligence directly about long-term prospects of UNI vs BNB, which could be viewed as a proxy for centralised exchanges: “Will Uniswap token UNI exceed Binance BNB token in terms of market capitalization at any time in 2021? (results according to coinmarketcap.com)” ------------------------------------- Assurance: 63% This means Hybrid Intelligence sees a high probability of UNI’s market cap (now it’s $1.9 billion) exceeding that of BNB’s (currently $5.8 billion) this year. From the current level, this implies 3x gains so this offers a decent risk-reward profile even beyond next week. And if you want to automate your crypto trading — check out Stoic, the link is below.
Long
by Cindicator
3