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UNIUSD

Bullish pattern apparent will can it break out?The current situation: 1. An inverse head and shoulders pattern is apparent on the 1HR chart, with the neckline at about 3.45 USD and the measured breakout target to be at about 3.75 USD. Currently the immediate resistance is the 12HR 21MA, above which the price action has not closed above since September selloff. The bullish case: a solid 12HR candle close above the 21MA will make a convincing case that the downtrend may be broken and this is the start of a reversal. The bearish case: a rejection at the 12HR 21MA and the price action falls back below the 1, 4 and 6HR moving averages it just gotten above. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSDLong
by CryptoRush_
UniSwap UNIUSDT - Double bottom and local supportLast time, Uniswap had a big issue at the bottom of the big channel - no buyers stepped in. I think a retest of the channel is now very likely with a double bottom combination. Also, as you can see, the local support is probably going to break to the downside. I am pretty sure there will be a bounce at 2.5 USD. This coin is a depression, definitely have a big potential, but for now, it keeps falling. In my opinion, if you want to HODL this coin, you can buy it for a cheaper price in the future. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
Short
by UnknownUnicorn2537518
4
UniSwap UNIUSDT - Elliott Wave + new channelThere is nothing bullish about this chart yet. One more wave is likely to the downside, as we need to complete 5th Elliott Wave. In my opinion - bulls need more time to consolidate, if they want to push the price higher. I don't think that it is going to be so easy and the correction is over. First i want to see a good healthy consolidation at the bottom, before mega pump to the upside. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
Short
by UnknownUnicorn2537518
12
The UNIUSDT completed amazing bullish setupHey friends hope you are well and welcome the new update on Uniswap token. Priceline of UNI token has broken down all SMAs on 4-hour chart with the time period of 25, 50, and 100. The price action is moving in a down channel and making a strong attempt to break out. In order to change the trend from down to up we need a breakout from this channel first. On daily chart the candlesticks are moving below the exponential moving average 10 and EMA 21. Once the price action will be closed above these two EMAs and the EMA 10 will form a bull cross with EMA 21 then a strong bullish rally can be started: The priceline of Uniswap has formed bullish Gartley on the daily chart as below: the targets as per Fibonacci sequence of Gartley are: Potential reversal or buying zone: $3.92 to $2.64 Fibonacci projection or Potential sell zone: $4.94 to 7.42 Conclusion: We don’t have sufficient indicators and moving averages available for Uniswap because it is new token. Therefore this analysis is maximum based on patterns. We should use the maximum extent of potential reversal zone of Gartley as stop loss because if this PRZ level will be broken down then the price action can move more down for the completion of bullish Butterfly move.
Long
by moon333
2
Looking like another failed reversal - are we going back down?The current situation: 1. Price action previously had gotten back on top of the hourly 21 and 50MA, which looked like it could've been a start to a reversal, especially with bullish double divergence apparent on the 6HR chart. Since then, it had been rejected at the 3 USD level and now has formed a head and shoulders pattern on the 15M chart, which is bearish. The measured target of the pattern is about 2.6 USD from the neckline at about 2.8 USD The bullish case: price action gets support by the hourly 21 and 50MA, which is currently near the neckline of the head and shoulders pattern and retries the $3 level. The bearish case: price action breaks below the neckline towards the measured target. *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSDShort
by CryptoRush_
2
UNI/BTC (Bearish Key Support Break?)💎Technical Analysis Summary💎 BINANCE: UNIBTC -UNI broke key support area and retested as a new resistance zone -This is looking Bearish in the midterm in terms of price action -If this small Bear flag confirms the downward direction -The next key area of support is located at 29000-27000 sat A big Thanks for donating 💰 via Tradingview coins this week to seba26-77 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` If You Like My Daily Published Ideas 👍 A little Help By Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading! ➡️ Thank You! 😊 ``````````````````````````````````````````````
by PolarHusk
3
UniSwap UNIUSDT - Elliott Wave + Parallel ChannelI reworked my Elliott Wave count and i still miss one last wave to the downside. This count is also a valid EW as the previous one. The descending parallel channel respects the blue lines also very nicely. I have to say one thing - the trend is so extended and it has to come to the end. There is another good buy opportunity on the bottom of the channel. See my related UniSwap idea down below ↓, also a valid Elliott Wave count. If you like this technical analysis, please hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
Long
by UnknownUnicorn2537518
8
UNISWAP - Time to buy again?It seems like the downmove is close to its end, which makes me feel bullish regarding the UNI token, again... I see similar situation as before, at the last bigger up-move. On h4 the MACD is trying to turn back to the green zone again, slowly, while on h1 the price is about to draw a clean and strong continuous divergence. If it all happens, that will confirm a buy signal at around $4.000 or somewhere in the $3.9 - $4.2 zone. What do you think?
FTX:UNIUSDLong
by dominikredenczki
4
UniSwap Price Forecast: UNI Awaits Ultimate Liftoff To $5 UniSwap looks forward to a descending wedge pattern breakout to $5.00. UNI/USD is holding above the 21 SMA while the upside is capped under the 50 SMA. UniSwap has been on a downward roll since September after its bullish scenario was cut short by resistance at $5.60. The price has continued to narrow within the confines of a descending wedge pattern. This pattern forms whenever the value of an asset has been falling over a period of time. Breakouts can either be up or down, however, falling wedge patterns tend to signal an incoming bullish breakout. Note that to properly trade this pattern, the trader must employ other technical indicators. At the time of writing, UNI is trading at $4.28 after suffering another rejection at the descending trendline as well as the 50 Simple Moving Average (SMA) in the hourly range. The price is immediately supported by the 21 SMA. Looking at the Relative Strength Index (RSI), UniSwap is likely to continue exploring the levels towards $4.00. It is essential that support in the range between $4.2 and $4.3 is defended at all costs. According to IntoTheBlock, this is the strongest support zone. Here, 9,600 addresses bought 20.4 million UNI. If this level zone is shattered, UNI will extend the bearish leg to $3.50. On the other hand, a bounce from the support will have the potential to push the price out of the wedge. A breakout from the wedge will place UNI on the path to $5.00. Closing above the 50 SMA is particularly vital to the bullish case because it will add credence to the breakout. Traders must keep in mind potential resistance zones at $4.60 and $4.80, respectively. UniSwap Intraday Levels Spot rate: $4.30 Percentage change: -1.82% Relative change: -0.08 Trend: Short term bearish bias Volatility: Low
BINANCE:UNIUSDLong
by CoinGape
1
Failed breakout - watch out if THIS level of support breaks The current situation: 1. The price action previously failed to break out of the ascending triangle that was in (see my previous posts) and now it looks bearish as a head and shoulders pattern is more apparent on the 1HR chart. The price action has also broken below the 4HR 21MA and now the moving average that is acting as support is the 6HR 21MA. This is also at about the neckline of the head and shoulders pattern, with a measured target of about 3.8 USD The bullish case: 1. The price action bounces off the 6HR and retry the resistance at about 5.25 USD The bearish case: 1. Price action breaks below the 6HR 21MA, under which the next level of support is the 0.786 FIB level at about 4.35 USD *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:UNIUSDShort
by CryptoRush_