UNI usdt - break of formation them pullback to supportPositive growth for Uniswap but the EMA is pulling downwards.
Expect to see a breakout of current formation.
Then a pullback to the downside before a retest of resistance level.
Uniswap
UNI / USDT - 4HHELLO Guys 🙋 ;
As You Know UNIASWAP is the biggest Swap System ;
And the ( UNI ) Token is very high potential token .
✅ So I think the new wave of UNI is something like this ..
BINANCE:UNIUSDT
🦄 UNI breakout or fakeout? UNISWAP has broken out of its trend resistance.
Its possible we see a fake out here.
But for now it looks like we are making a retest to new support after breakout.
Uniswap (UNI) - March 2Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We have to see if we can get support and climb in the 26.280-27.900 range.
If it falls, we need to see if it can rise along the uptrend line (2).
If it falls between 19.677-21.418, a short stop loss is required.
However, you need to trade carefully as you can touch the uptrend line (3) and go up.
The next volatility period is around March 10th.
-------------------------------------------------- -------------------------------------------
** 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 published by oh92. (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 profit or loss 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 are not trading 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
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 UNIBTC (D1)1/ Descending resistance breakout on decent volume
2/ support confirmed
3/ R/R = 6:1
PANCAKESWAP CAKE back to $22 before pancakeswapV2 ?Reasons:
1. PancakeSwap planning to release their V2 around early Q2. expecting hype before their V2 like before UniswapV2.
2. Some of their V2 features are: Buy-back and burn mechanic to trading fees. Auto-compounding pools, Referral program.
3. They also developing into: Prediction market, more NFT & gamification platform, Lending & borrowing.
4. by TA perspective,, Finally 4H MACD back bellow 0 after a looong bullish week.
5. 4H candle hit the 100 SMA line, and hopefully cross my bearish structure.
6. Bitcoin on-chain data by Glassnode & CryptoQuant looking good, preparing to continue the bullrun.
--
!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.
💡Don't miss the great buy opportunity in UNIUSDT @UniswapTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (22.60).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSDT 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 50.
Take Profits:
TP1= @ 27.95
TP2= @ 32.33
TP3= @ 35.72
TP4= @ 40.55
TP5= @ 46.70
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 you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in UNIUSDT @UniswapTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (22.60).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSDT 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 50.
Take Profits:
TP1= @ 27.95
TP2= @ 32.33
TP3= @ 35.72
TP4= @ 40.55
TP5= @ 46.70
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 you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
1INCH Exchange (1INCH) Still In Accumulation!If you like Uniswap and Sushiswap you'll probably be a fan of 1INCH Exchange another fundamentally strong Decentralized Exchange (DEX). Decentralized Exchanges have been exploding in volume and and user growth this bull cycle and it will only continue go grow as the market expands and the demand for DeFi increases.
As of right now 1INCH has been in accumulation for a solid month forming a nice sturdy support floor of $4.30 and we have an all time high resistance of around $6.28 I suspect 1INCH to continue to run and set new all time highs once this accumulation period ends its course.
This is a sound DeFi project with innovative technology and fast growing user base. 1INCH received major funding from Binance Labs and Pantera Capital in 2020 as well as others. There's a very strong community support as well as institutional support for this DEX.
Projects that have strong fundamentals and adoption do well in these cycles. I believe 1INCH will perform well throughout the year and as always I like to keep a nice bag for the long term. It is still in accumulation. Cheers! Much peace and Love!
Uniswap (UNI) Back in Consolidation ZoneIf Bitcoin ain't happy alt coins ain't much happier. With new all time highs and big rally ups will come sizable corrections. I guess we need to sober up a little off of all the euphoria. The crypto markets have been "wild" to say the least.
Uniswap produced a new All time high of $32.95! Before capitulating down to $18.16. In a perspective from almost a month we seem to have formed this wide zone from a low $17.10 support to a resistance $23.85 resistance since January 30th 2021 on the 4 hour chart. This could be a good accumulation zone from a long term time frame if you consider where Uniswap will be by the top of this bull market or by the end of the year.
Keep in mind Uniswap became the first decentralized trading platform to process over $100b in volume within the past week. Uniswap remains the top mover of Decentralized Exchanges (DEX's). The fundamentals and user growth will continue to grow.
Cheers and much love. As always I'm keeping a nice bag. Uniswap will continue to grow throughout 2021.
Uniswap (UNI) - February 23Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We need to see if we can get support and climb in the 26.280-27.900 range.
If it falls, you can touch the 21.418 point, so you need to trade carefully.
If you move down at 21.418, you need a short stop loss.
The next volatility period is around February 27th.
On the wRSI_SR indicator, you should see if the RS line can touch 50 and climb.
If it falls below 50, volatility may occur, so you need to trade carefully.
-------------------------------------------------- -------------------------------------------
** 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 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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
