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
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Uniswap
UNI/BTC Breakout from Bull FlagThe UNI/BTC pair has recently cleared a buy point, as it has broken out of an extended bull flag on higher-than-average volume.
Confirmation of this trend reversal is provided by an approaching MACD cross.
The price is also trading above the Ichimoku cloud, indicating that it is safe to take a long position.
UNIUSDT (UNISWAP) Symmetric Triangle UNIUSDT (1H CHART) Technical Analysis Update
Triangle Breakout
UNI/USDT currently trading at $31.00
Buy-level: above $31.50
Stop loss: below $28.25
Target 1: $35.00
Target 2: $40.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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UNISWAP-Ending diagonal patternIn the 240-minute chart, the first 5 ascending waves are completed in the range of 61986 Satoshi, and the corrective movement is completed in the range of 34774 with Ending Diagonal pattern. Due to the price increase, there is a scenario that wave 3 has been started, the initial target of which is 134977 Satoshi and the final is the targets of 235459 Satoshi.
Moonshot Search Yields HGET-Hedget As A Possibility FTX:HGETUSD - 4H
I see a lot of people wanting to find coins/tokens that are considered "moonshots." Typically a moonshot offers >20x returns, sometimes in the 100x range. In order for a moonshot to manifest, you have to take on a variety of risk and see the coin/token's underlying value - what does it bring to the table? What does it solve? Why would anyone think of buying this?
I've been dabbling quite a bit in DeFi and came across HGET last week. Options trading is as lucrative as it is destructive. HGET brings non-custodial options trading to DeFi and launched in Sept 2020. It debuted at ATH and has plummeted downward since. Some of the downward moves are almost musical in their curvature. What has hampered HGET growth is - there haven't been any buyers. Looking at the 4H chart we only see sustained buying interest in the past two weeks. Tall green bars are rare in its history - but that's all going to change in near future. HGET is providing impossible returns in the form of LP yields and the market is starting to digest its value in that regard.
Looking at the tokenomics there is a circ supply of 1.75M, max supply of 10M - or roughly half of BTC's max supply. If HGET were to blow off to the stratosphere and reach 10k/coin, it would still only be 9% of ETH's current marketcap and remain ranked below Ripple. It's currently ranked in the 700s on CMC and will popularize with the platform's release this quarter. As more people enter crypto and want to make money on trading, more will entertain trading options on DeFi as there is no kyc nor mandatory reporting.
I've added some fib extension levels on the chart for anyone looking at a good entry point and potential target levels. The ride from now to $8 will be a bit tough unless it just facemelts past it all. $10.50 marks ATH and the coins debut price, and once it clears that we'll see some strong strides up into price discovery. Most of the early bagholders have been chased out following a -90% drop. I'm not in HGET currently to trade, but am in it for LP token staking. I'll enter it to trade at $8.50 with a short term target of ATH and holding a portion for the moon trip to the top 150.
This is not investment advice and trading cryptocurrency is high risk.
UNI/USD 4h 2 out of 4 Forecasts Worked. How about ATH?Two out of four of my forecasts for UNISWAP worked quite well.
I do not expect the fifth one to be 100% precise in terms of the dates, but form the standpoint of support and resistance levels I'm pretty sure we will the ATH relatively soon.
What's your take on this? Please let me know in comments.
This is not an investment advice as I'm not a financial advisor.
Make your investment decisions at your own risk and perform your own researches.
And REMEMBER: Likes and comments make your trades much more successful :)
My long term ADA perspective.Just some thoughts on how ADA could behave inside that bull channel during the bull run.
That's a pattern I noticed ADA is doing since the beginning of the real bull run, and I believe in the continuation for it.
The defi´s that I am looking into right now are:
SUSHI
UNI
AAVE
Uniswap (UNI) - February 16Hello?
Dear traders, nice to meet you.
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You should watch for any movement that deviates from the 18.467-22.590 section.
In particular, we have to see if we can get support at 19.508 and rise above 20.529.
If it falls between 17.436-18.467, a short stop loss is required.
It remains to be seen if the RS line could turn into a short-term uptrend in the wRSI_SR indicator.
The next volatility period is around February 18th.
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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 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.
Hence, 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 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Idea for MILK2 on UNISWAPBought in at $1.15 DCA at .85.
Target 1 Red
Target 2 Blue: $2.30ish
I wish they had more Defi in USD not just Eth but oh well