Uniswap
UNISWAP - Reversal Wedge!Uniswap is currently within a descending wedge and has been respecting it very well. The wedge is a descending wedge, which is often a bullish reversal wedge.
We are anticipating a breakout of the wedge soon with ATH targets.
Trade Idea:
- Watch for a breakout of the wedge
- enter with stops below the lows
- Targets: 28, 44, actively manage the rest.
Goodluck!
UNI long term outlookHi again guys this is Kai with another crypto analysis..i think you almost know that i usually use weekly time frame for recognizing the most important levels although it require more patience..as you can see we have UNI weekly chart here..it has broken its support level with a big bearish engulf candle very nicely which had hold the price for approximately one damn year.. hence we should take this into account as a strong conformation that its over moon boys sorry we have to land.. my experience tell me that we can see a pullback to 14-15$ or even a little higher as a bull trap but anyone who hold this coin can use this pullback as a chance to take profit or sell with less loss..good entries for some gains are marked in the chart.. hope you all have a profitable week.
consider it as NFA..
COULD UNISWAP BE A HIDDEN GEM WITH HUGE ROI? TRIPLE DIGITS!?!?Merry Christmas!
Today we look at the trading pair, UNI/USDT
UNISWAP saw a lot of growth since it's listing last september up until it's ath earlier this year.
Currently sitting at the .236 fib support, looks to be in accumulation phase.
However, I don't think this is the bottom.
Taking out our Fixed Ranged Volume Profile tool, drawing from listing to current price, we have our PoC (Point of Control) down at the .618 fib support and backed with a lot of volume traded at that area.
Blue Horizontal zones are DCA zones to grab a few.
Should .382 be the bottom, we could shoot up to the 1.5 fib resistance, (marking it as a First Wave Extension, meaning 5th wave will be the shortest and the 1st the longest)
Should 0.5 be the bottom, we could shoot up to the 1.618 fib resistance,
Should 0.618 be the bottom (which i think it would or the 0.5/PoC), we would most likely go to the 1.786 resistance and past assuming the wave count is valid (Count not shown for clarity reasons). should this 3rd scenario play out, it will therefore be interpreted as a Third wave extension making it longer than the first as shown in the chart (meaning thirdwave will be the longest).
OR
this idea is completely wrong and we just nuke below the .618 and back to its opening price, coz for some reason, people dont value technicals when it comes to AMM's and DEX's and prefer the fundamentals instead, which after some research and several arguments (more like lectures actually) has some logic to it.
That said, this trade is purely experimental and for documentation/research purposes only.
Invest at your own risk!
Same goes for the SUSHI post as well which is linked below btw
If you agree with this idea, pls leave a like and your thoughts in the comments section.
Feedback is always appreciated.
Uniswap (UNI) Undervalued Will Be Back Over $20A lot of DeFi 1.0 and decentralized exchanges have been in the gutter for the past couple months and Uniswap is no exception. Uniswap has been trading below the 0.236 Fibonacci level since early December and it's only a matter of time before it starts to climb to the 0.236 Fibonacci level at $20. Uniswap is the second largest Decentralized Exchange when it comes to Total Value Locked (TVL) and has recently deployed on the Polygon (MATIC) ecosystem.
Once market sentiment moves back into greed from extreme fear I do see Uniswap ultimately reaching back to the 0.382 Fibonacci level of $25.29 which is also were the the Point of Control (POC) is at on the Visible Range Bars. A lot of price interaction with Uniswap has occurred over $20.
As of right now Uniswap is undervalued. Support Area is from $13.00 - $14.20. Much peace, love, wealth, and health.
UNI/USD - Pump to $19 imminent! 😍UNI is breaking the descending trendline that has acted as resistance in the past.
If successful, UNI will go to $19. It's a no brainer.
The indicators support this bullish bias.
If the momentum is strong, UNI can go to $20 which will likely be a tough level to break. I will come back then. :)
Enjoy the ride!
Like and follow if you liked my idea!
UNISWAP !!!! SCALP TRADE !!! ACTIVE !! 2ND TRY!Bearish Shark Pattern on 1 hour.
long on a bullish engulfing candle at the touch of the channel.
looking for 1.618 as the target.
STOPPED YOU OUT THE FIRST TIME IT HAPPEN HERES THE SECOND TRY
Entry: $1818.93
Stoploss: $1811
Target: $1833.50ENTRY: $15.32
STOPLOSS: $15.00
TARGE: $17.40
UNISWAP!!! SWING-TRADE ACTIVE !!!!!Uni swap has pulled back 60%.
Great area for a reversal to occur.
Horizontal level as support.
Bullish engolfing candle as trigger.
Entry : $15.05
Stop loss : $12
Target 1 : $21
Target 2 : $30
Target 3 : $36
Btw I use a modified shark or cypher pattern and trade it to the 1.618. Use your own caution
UNISWAP BEARISH DIVERGENCE 4H TIMEFRAME. SHORT POSSIBILITY!Picking up from where we left on our analysis on UNISWAP yesterday (linked below),
Price looks to have broken above the pennant whilst forming a bearish divergence in the process.
Could be a short opportunity and will most likely be a fakeout until invalidated of course.
Trade Idea;
Wait for price to close below resistance before going short.
Enter with a stop-loss above rejection and target support of the pennant.
If you agree with this idea, pls leave a like as well as your thoughts in the comments section.
As always, feedback is appreciated.
MahaDAO/Wrapped Ether seems undervalued 22/02/2021MahaDAO, which is releasing ARTH, a decentralized non-depreciating algorithmic token, which derives its value from a basket of uncorrelated assets, the relative weights of which are automatically adjusted by automatic buying and selling in response to changes in the price of each individual asset relative to the others.
MAHA is a governance and utility token that will regulate ARTH value coins — the world’s first non-depreciating crypto token.
some of the key fundamentals that make the $MAHA unique from other projects and showcase why we’re here for the long run. 1. $MAHA is used to fuel the liquidity for $ARTH The MahaDAO stablecoin platform is amongst the first of it’s kind to have liquidity farming built directly into the protocol, creating the world’s first incentivized stablecoin. Those providing liquidity to create $ARTH will be earning $MAHA tokens as rewards. 2. $MAHA is used to pay the stability fees for $ARTH As more and more collateral is deposited into a vault to mint $ARTH; A fee is paid by the vault owner if he/she wishes to. 3. $MAHA is used to make key decisions to the direction of $ARTH As a governance token, $MAHA token holders will get the ability to vote on various parameters that’ll govern $ARTH such as the stability fee, risk parameters of various collaterals, reward distributions, etc. 4. $MAHA is bought-back and burnt as $ARTH adoption grows As the adoption of $ARTH grows more and more, $MAHA is bought back and burnt off to reduce the supply of $MAHA tokens and pay an indirect dividend to all existing $MAHA token holders.
The live MahaDAO price today is $9.57 USD with a 24-hour trading volume of $2,912,617 USD. MahaDAO is down 3.33% in the last 24 hours. live market cap of $5,861,850 USD. It has a circulating supply of 612,451 MAHA coins and a max. supply of 10,000,000 MAHA coins.
The top exchanges for trading in MahaDAO are currently BKEX, Uniswap (V2), Hoo, Gate.io, and Bilaxy.
technical:
as we can see there are 2 TPs above the ATH which we have defined them with Fibonacci expansions.
yAxis Seems to be Very Good for Investment 22/02/2021What is yAxis?
yAxis markets itself as a meta yield farming aggregator that is able to switch the underlying assets when deploying strategies. Yield farming strategies are governed by a DAO, where token holders vote regularly to implement the best strategy out of a selection of strategies provided by multiple yield aggregators.
yAxis price today is $33.70 with a 24-hour trading volume of $3,473,514. YAX price is up 0.2% in the last 24 hours. It has a circulating supply of 800 Thousand YAX coins and a max supply of 938 Thousand. Uniswap (v2) is the current most active market trading it.
What are YAX tokens?
The YAX token is yAxis’s native governance token. As the platform is developed further, YAX tokens will be used to shape the direction of its future.
Among the proposals that the DAO may choose to execute is to alter the emission of YAX or to reward early users of the protocol. Governance may also vote for the protocol’s fees to be distributed to YAX holders.
10% of YAX tokens is saved into a community treasury which could be deployed via a governance vote.
How does yAxis work?
The goal of yAxis is to create a meta yield aggregator which can obtain the best yield by taking advantage of other existing yield aggregating platforms such as yearn.finance or Pickle Finance. In other words, it operates above these platforms and can switch between platforms that offer better yields.
Currently, the product can be divided into MetaVault and governance.
Multi-Asset MetaVault
The multi-asset MetaVault allows users to deposit different types of stablecoins such as USDC or DAI. Users who deposit stablecoins will receive MetaVault tokens (MLVT) to represent their share of the vault. MLVT tokens will accrue value as the deposited funds are deployed to the best yield-aggregating strategy. Depositors will get to save on gas fees as the fees are distributed to all depositors.
Whenever there is a better strategy available, MetaVault will convert the underlying deposits into the appropriate asset to begin yield-farming using the more profitable strategy. Users can choose to withdraw their funds anytime by returning their MLVT tokens for any stablecoin of their choice and interest.
yaxis metavault page
Governance
Strategies are decided by the community by staking YAX tokens on the governance platform. YAX holders can choose from a preselected list of yield farming aggregators, and stake their tokens in the contract which they believe will provide the best return.
Strategy risk, fees, and the overall DeFi market sentiment will be displayed on the governance user interface. In return for voting, the community will reward voters with a share of the MetaVault’s performance fee.
How do I get YAX tokens?
You can obtain YAX by purchasing them from cryptocurrency exchanges such as Uniswap or Bilaxy.
Besides that, you can also earn YAX through the staking section on the yAxis platform. Users can stake their existing YAX to earn a share of farming rewards which are sold to YAX and redistributed back to stakers.
Users may also provide liquidity for the YAX-ETH pair on Uniswap and stake the liquidity provider tokens to earn YAX in the LP section. To know more about this and other yield farming programs, you may head over to our Yield Farming page.
there are total of 3TPs i have mentioned where easily we can achieve them. i have mentioned these levels for those who did not invest on time so you can understand where to jump in the market in case you where interested