Unilayer building layer upon layerBefore its listing on Kucoin it had already gone up substantially, but it is still pretty small in terms of market cap. The listing is also a big plus and the capitulation it had prior was massive. Its BTC chart is looking great with its uptrend being very clean and strong.
Uniswap
Uniswap (UNI) - May 2Hello?
Dear traders, nice to meet you.
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Have a good day.
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(UNIUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 37.80485161-46.77313174 section.
In particular, it remains to be seen if it can rise above the 42.28899168 point.
If you fall in the 35.56278172-37.80485161 section, you will need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
The next volatility period is around May 9.
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(UNIBTC 1W chart)
(1D chart)
61028 Satoshi-73062 Satoshi We must watch for any movement that deviates from the section.
We have to see if it can rise within the rising channel.
44983 Satoshi-48994 If you fall in the Satoshi section, you need Stop Loss to preserve profit and loss.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
#UNIusdt #UNIFundamental information/knowledge:
What is UNI in Crypto market?
BINANCE:UNIUSDT
#Uniswap is a decentralized finance protocol that is used to exchange cryptocurrencies and tokens; it is provided on blockchain networks that are decentralized, running open-source software, as opposed to any centralized intermediary.
The market capitalization for the UNI token is over $21,901,869,001 million as of April 2021, and UNIswap rank is #9 based on Coinmarketcap.com.
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Basically, Red horizonal lines are my two target point on UNI and we can reach easily if BTC keep increase price on the market.
$4.7
$5.4
are my two target point.
But interestingly, UNIswap break up Daily Trend line as u can see which is a significant increase in Uniswap market...
DEFI projects ahead of huge spikesIt seems that we are dealing with a similar movement on DEFI as at the turn of December-January-February.
The dominance of the DEFI starts to pick up after the bottom of the D1 chart is reached.
The MACD and RSI indicators look very bullish. Domination has cooled down nicely after reaching the last high and it looks like we are building a strong movement on DEFI projects.
UNI-Swap Long Position OpportunityUNI-Swap was offered for $ 28, according to a previous forecast, which has grown by more than 57% so far.
The currency is currently pullback to this level in daily timeframe after breaking its $ 39 resistance range. Given that the level of resistance has been very important and taking into account the market price trend, this return is expected to occur in a short time.
For medium-term investment, it is recommended to wait for the price to stabilize above $ 40 by considering capital management and risk management in all transactions (due to the high volatility of these market days) to enter this currency, and then you can Follow the price by buying at a price floor of $ 40 to the targets of $ 45, $ 50 and $ 65. (Approximate efficiency of 60% of the resistance level)
To be present in the market all the time, you have to have reasonable trades away from excitement, so be sure to use the loss limit after entering the position in all your trades.
For this trade, the proposed reversal of the price below the red resistance level is in the range of $ 34, which means exit from the trade.
Uniswap ready to explode higherAfter the Coinbase IPO, Ethereum and DeFi have gotten a boost again. My belief is that many of the people on Coinbase are big on Ethereum, but also we've exhausted most narratives. We've gone full circle and back into Ethereum and DeFi again. Despite the crash Ethereum recovered quickly and recovered fully which I think was a bit surprising, but the ETHBTC chart and UNIBTC charts are explosive.
With V3 coming for Uniswap, the expansion to other chains or second layers, as well as its complete dominance over other DEXs... Uniswap could be heading for a massive boom. This could be seen as a massive cup and handle pattern and I think that my target is probably the first one and the upside is even larger.
MY MINIMALIST CHART ANALYSIS PRACTICING MINIMALIST APPROACH TO ANALYZING CHARTS WITHOUT LAGGING INDICATORS
ON UNISWAP
I am here again practicing my MINIMALIST CHART ANALYSIS.
I made it without using indicators and I thank my oneway mentor for all the wisdom he has shared wholeheartedly.
I would love to mention his name but, I have not proven anything yet that I have learned something.
I analyze, apply to my paper trade and that is only how I would know if I learned. If I fail, I try to analyze what I did wrong and try it out again.
More on "charge to experience." kinda thing.
Oh well, here goes.
the decentralized bank of icon can make a change - ICX breakoutHello trading friends,
We expecting that the NFT news + the decentralized bank of the icon can make the price of the icon increase above 4 usd+. name are balanced ( if BTC stay stable or increase)
Soon new target with price expecting.
icon a coin from 2017 looks back with great work.
@ as always manage your risks, don't use high risks as futures.
Follow/like for more.
Thank you.
UNIUSDT 4 HR Education Analysis using MACD and DEMAIn this analysis I am using two DEMA's, one is 9 period and the other is 26 period, in combination with MACD indicator.
Uniswap, after achieving an ATH, is again unstoppable. It is going to test the previous resistance turned support at about $39, and if it holds, is going to see another ATH very soon. On the other hand, if this support breaks, it could visit $30 areas.
As analysed with two DEMA crossovers and MACD confirmation crossovers, this setup is giving good buy and sell signals.
It works like this, when 9 period DEMA crosses over 26 period DEMA and MACD line crosses over signal line, we can go long or BUY the asset and SHORT or SELL when the opposite occurs. We can also take into consideration various other factors like volume and how other markets are moving.
Uniswap has very strong technicals, and could see a good movement upwards achieving new ATH's.
For more ideas and analysis follow us and visit Tuned to learn more about algo trading or use existing algo marketplace to grow your portfolio.
Happy Trading
CAKE 4X!Good indicator for the price of exchange token is the volume of the exchange. It is the trust and also part of the revenue flow into the token.
Pancakeswap has volume 200M more than Uniswap. Pancakeswap is just all the time increasing the popularity since the fees on ETH network has made it impossible for majority of users to trade on Uniswap.
Yet Cake the native token of Pancakeswap is 4X lower at price than UNI the native token of Uniswap. This means that it's only a matter of time before the token follows the exchange and takes over the UNI same way as Pancakeswap took over Uniswap.
CAKE is being burned at increasing speed since the more volume the more fees collected and more CAKE burned. It's a matter of time for the CAKE token to over take the UNI in trading volume and thus over take it in mcap as well.
Uniswap rallies 42% in 4 daysUniswap aims to replace centralized exchanges, exchange market makers, and specialists with decentralized liquidity pool-providing individuals and bots for efficient trading of cryptocurrencies and tokens on the Ethereum blockchain.
Go to Uniswap to exchange ETH for AAVE, BAL, COMP, LINK. Create your own token pair for other users to trade, provide liquidity and earn trading fees.
After 4 strong up days, UNI/USD is up 42%. Previous rallies of such magnitude were followed by retracements.
I would wait for a 25% to 40% retracement of that rally before going in, but Uniswap will be added to our portfolio at the earliest opportunity. Did you know it is up 1,100% in 6 months?
UNI to the Moon!UNI has blast off from last week lows and is up 46% and its searching for higher highs. The cripto keeps its bull trend following other alts. Looking for entry points when it goes back to the 41 region and maybe the 38 region
MAKERDAO PENNANT LONG(now which direction)Hello!!!😄👋 I am more bullish... (20 bars/$9.97) is a conservative target in relation to past trends 🐮. Bearish target 1 would be our blue support line at ~$6.201🐻.
I appreciate if you take the time to consider my analysis, would also love to see your viewpoint if you would like to share, now let's take a look. 🔍👀
Was just taking a look at Maker Dao recent and long term price actions, which leads me to believe we are at a very crucial point (as is many tokens/currencies.)🥴
I am not overlooking DAO MAKER simply because of the fact that it has proven very good at maintaining strength in the past, and DAO “decentralized autonomous organization” allow for other tokens in the market to be more secure.💱👌
I would definitely wait for confirmation to get into this trade, as right now would be extremely risky time. We are approaching the end of our pennant pattern, which would indicate we are going to see a strong impulsive wave, either up or down to our approximate targets listed above.🎯🌊
Altcoins like MAKER DAO are greatly affected by the price action of the bigger players such as BTC and ETH, we are currently in a very pivotal time in the market, safest to wait and see if BTC can't maintain above ~53,000 (Amongst other outside factors that would affect this token and many others.)✔🆗
🛑🛑🛑This is not financial advice🛑🛑🛑
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments greatly appreciated!
Thank you so much
Jazerbay
🤍