Trade setup : Price is in a Downtrend, however, it had a bullish breakout from Channel Down pattern, above $6.50 resistance, which could signal at least a temporary bullish trend reversal, with upside potential to $8.00. Stop Loss at $5.40. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall...
Trade setup : Price got rejected at $12 resistance three times (Triple Top) and pulled back below 200-day MA (~$9.00), which is a sign of downtrend. We wait for price to regain those critical levels and signal resumption of uptrend. Uniswap is the biggest DEX – see On-chain data, and has been a beneficiary of the move to decentralized exchanges and non-custody...
Trade setup : Price got rejected at $12 resistance three times (Triple Top) and pulled back below 200-day MA (~8.91), which is a sign of downtrend. We wait for price to regain those critical levels and signal resumption of uptrend. Uniswap is the biggest DEX – see On-chain data, and has been a beneficiary of the move to decentralized exchanges and non-custody...
Trade setup : Following a bullish breakout from Channel Down pattern , price broke above 200-day MA, which signaled resumption of uptrend. Price rallied +50% to $12.00 and now it pulled back to $10.00 support zone, which could be an attractive swing trade entry in Uptrend with +20% upside back to $12.00. Stop Loss at $9.25, below the prior swing low. Uniswap is...
Hi dear friends, hope you are well and welcome to the new trade setup of Uniswap ( UNI ). Previously I shared a long-term trade setup for UNI , which is still in play: Now on a 4-hr time frame, UNI has almost completed a bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,...
Fundamental Analysis: The total supply of Uniswap’s governance token, UNI, is 1 billion units. These will become available over the course of four years, after which Uniswap will introduce a “perpetual inflation rate” of 2% to maintain network participation. Token distribution currently consists of the following: 60% to Uniswap community members, i.e. users,...
UNI has Triple bottomed on 1.618 This will very likely lead to a move higher due to the three rejections on the same level Very good entry point right now
Uniswap has been consolidating in an ascending triangle pattern. Breaking upwards, it will be targeting the 50$ mark which is also the fib 2.618 extension from the last swing high to swing low. The low volume inside this triangle is a confirmation of a reaccumulating zone. Uniswap mainnet V3 launch is scheduled for May 5 which could be the catalyst for the...