#Uniswap within a bullish pattern, UNI strong support at $5Past Performance of Uniswap
Uniswap is remarkably resilient at spot rates, steadying above the multi-week support line and within a bullish path from a top-down preview. In the last 24 hours, UNI rose three percent, and prices remain inside the November 9 bearish engulfing bar, a bearish preview.
#Uniswap Technical Analysis
UNI has support at around $5, flashing with November 9 lows and within Q3 2022 range. At spot rates, UNI has retested the 78.6 percent Fibonacci retracement level of the June to August 2022 trade range, meaning buyers stand a chance. If prices are above $5, swing traders can load the dips in alignment with Q3 bulls, targeting $9.5—or August 2022 highs. However, for conservatives, there could be more opportunities once there is a solid recovery, reversing the losses of November 9. Based on the current formation, there is a risk of UNI plunging below $5 in confirmation of early November losses, pressing UNI towards June lows at around $3.20.
What to Expect from #UNI?
Bulls are confident, but there must be clear, high-volume gains above $6.5 as confirmation of November 10 losses. In either case, buyers must prove resilient, soaking in selling pressure and sustaining prices above $5 for the continuation of bulls of early Q3 2022.
Resistance level to watch out for: $6.5
Support level to watch out for: $5
Disclaimer: Opinions expressed are not investment advice. Do your research.
Uniswap
uni 3s up, 5s downStill looking for this asset to go lower. BUT first want to see a move away from the current price to keep the impulse on the lower degree valid. If it does invalidate the impulse down, would be looking for some sideways style correction. Only reached a bit past the .80 of the proposed wave A. but would still keep a flat as a possibility. If you have found this inspiring/helpful please consider a boost and follow! Also check out the links in my signature to get to know me better! Cheers!
Uniswap (UNI) forming bullish Gartley for upto 17% moveHi dear friends, hope you are well and welcome to the new trade setup of Uniswap ( UNI ).
Previously I shared a long-term trade setup for UNI , which is still in play:
Now on a 4-hr time frame, UNI has almost completed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Uniswap (UNI) 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this UNI/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Uniswap (UNI) rebounded in today’s session, snapping a two-day downtrend in the process.
UNI/USD hit a peak of $6.03 earlier in the day, which comes less than 24 hours after hitting a low of $5.74.
This surge comes as bulls rejected a breakout of a floor at $5.70 on Thursday, with the target now seemingly a resistance of $6.50.
In order to recapture this point, UNI traders will first need to overcome an upcoming ceiling on the RSI indicator.
As of writing, the index is tracking at 45.16, which is under its aforementioned resistance of 48.90.
Bulls will likely need to be cautious, as the momentum of the 10-day (red) moving average appears to still be bearish.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Uniswap strong momentumFirst of all, I need your support to continue my activity and provide analysis. Please support, otherwise my activity will stop.
I think UniSwap has strong potential in its volume and trading process. If you reach the red box, it is suitable for short position. Have a watch list.
UNISWAPHello Dear friends
Aren't decentralized exchanges more attractive?
All patterns formed in different time frames identify higher targets. Our support areas have been well maintained so far.
Provided that the orders in the area of $5.65 are not fully consumed, the possibility of continuing the upward trend to the area of $7.17 is high.
Keep in mind that this view has little validity until the bullish trend breaks above the $6.38 range.
We would be happy to hear your comments
#Uniswap Slumps 33% in 4 Days; UNI Can Retest $3.25Past Performance of Uniswap
Uniswap can't resist the crypto gravity. This week alone, the token is down over 30 percent and trading below Q3 2022 lows, a critical support line. Per this formation, sellers can search for entries, unloading on pullbacks, targeting $3.25 in the short term. At this pace, UNI is at risk of crashing toward 2022 lows and caving to register new all-time lows altogether.
#Uniswap Technical Analysis
UNI is down 33 percent when writing and at new Q4 2022 lows, dropping below September support. In a bear breakout formation, traders can unload on every attempt higher, retesting $5.23, targeting $3.25 reading from the development in the daily chart. The breach of the multi-week support line is with high participation levels, pointing to interest. At the same time, the bar is wide-ranging, indicating volatility. This preview will change if UNI recovers above $6.10 with equally high volumes.
What to Expect from #UNI?
Behind UNI's crash are fundamental factors. Alameda Research held a significant chunk of the token and could liquidate, fanning the slump. Therefore, there is a high probability of UNI tanking to June 2022 lows unless there is intervention.
Resistance level to watch out for: $5.3
Support level to watch out for: $3.25
Disclaimer: Opinions expressed are not investment advice. Do your research.
UNIUSDTHello Dear friends
On the daily chart, according to maintaining the price range of $5, it seems that the possibility of completing the head and shoulder pattern at the end of the downward trend is high.
If the rising trend is above the range of $7.25, we expect it to advance to the yellow range ($8.88).
We would be happy to hear your comments
#UNI/USDTTrade setup: After two rejections, price finally broke above 200-day moving average (SMA200) and reached $7.50-8.00 resistance zone. Now wait for price to 1) break above $8 to resume an Uptrend or 2) pull back near $6 support. (set a price alert). Short- and Medium-Term trend has inflected bullish again. Uniswap remains the biggest DEX, as mentioned in a recent report .
Trend: Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium
Support and Resistance: Nearest Support Zone is $6.00, then $4.75. The Nearest Resistance Zone is $7.50 - $8.00, then $10.00.
📈✌UNI Daily analysis✌📉BINANCE:UNIUSDT
COINBASE:UNIUSD
First, please take a look at my previous analysis and positions.
between now and the yellow areas, you can open a long position in two steps.
If the price rises and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5-6 are on the chart.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
UNI/USDT - SHORT----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ #UNI/USDT ⚡️⚡️
Client: My-ByBit USDT
Trade Type: Breakout (Short)
Leverage: Cross (3X)
Entry Targets:
1) 7.170 - 100.0%
Take-Profit Targets:
1) 7.080 - 20.0%
2) 6.948 - 20.0%
3) 6.841 - 20.0%
4) 6.704 - 20.0%
5) 6.537 - 20.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)
UNISWAP amazing bull elliott count!UNISWAP is one of my favorite alt bull counts.
If we zoom out this could have been the major 2 proceeding into a massive 3 to new all time highs.
The first wave 1 (blue count) has ended in a beautiful golden zone retracement finishing the WXZ.
And thus, the possibility of the first 1-2 into the new bull cycle begins.
A fantastic tell about this setup would be breaking the high of the purple wave 1, while holding the low of the wave 2. Setting up another 1-2 1-2.
Do not miss this one!