UniSwap Reaching Upper Trendline of Bullish Flag Soon?Uniswap's RSI value on the 1-day chart of UNI/USDT is 49.91. This indicates that UNI is gaining more market volatility because it is slowly reaching the zone of RSI value between 50 and 70.
The 1Day chart of the UNI 200-day and 50-day Moving Averages is shown above (MA). UNI is now in a negative trend, as seen by the recent downturn. Because the 200-MA is above the 50-MA, we may conclude that the price is negative for long-term investors. But the candlesticks are slowly returning to touch the 50-day MA, meaning that there is a chance of the market showing reversal signs to initiate a bull run.
Currently, UNI has been trading inside a bullish flag for 4 months. According to the nature of the bullish flag, traders and investors can enter the trade after UNI has broken the upper trendline of the bullish flag.
Our long-term UNI price prediction for 2023 is bullish since it cannot break the previous low. If UNI cannot break its current support and bottom, we can expect UNI bulls to reign over the throne and raise UNI’s price to have reached $10.
Uniusdt
UNIUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.(update)
Nothing has changed from my last idea,everything is relevant.
I think that we'll see 4.8 - 4.4 zone, it's will be perfect entry who out of pos.
Entry: market and lower
Targets: 7.5 - 10 - 12
Main Target zone: 12 - 15$
after first target reached move ur stop to breakeven
Stop: ~3.3 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 6
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
UNIUSDT 1D Interval- Resistance and SupportHello everyone, welcome to a review of the UNI to USDT chart on a one-day timeframe. First, we will use the blue lines to mark the downtrend channel in which the price is currently moving.
Next, we can check where the price has support, and here we can see that we are currently in the $5.82 to $4.73 support area. However, if the support is broken and the price starts to fall more strongly, we can see a drop to around $3.32, which is the place of the last price low.
Looking the other way, we will similarly check where the price should break resistance when the downtrend reverses. As we can see, we have the first resistance at $6.82, the second resistance at $7.91, and then we have a strong resistance zone from $8.99 to $10.52.
Please pay attention to the CHOP index, which indicates that the energy is starting to rise strongly. The MACD is getting closer to crossing the red line with the blue line from below, which would confirm the change of the trend to an upward one, while the RSI is moving in the lower range, which may also indicate an upcoming uptrend.
#Uniswap is Bullish, Holding Above Critical Support at $5Past Performance of Uniswap
Uniswap is technically bullish, reading from the performance in the daily chart. However, UNI remains under pressure, tightly oscillating around primary support coinciding with the 78.6 percent Fibonacci retracement level of the H2 2022 trade range.
#Uniswap Technical Analysis
Uniswap has primary support at $5, under pressure in the short term, and aligning with bears of early November 2022. As it is, every high below $5.4 and $6.5 presents liquidation opportunities for sellers targeting $5 or worse. This preview is valid because UNI prices are still within the bearish engulfing bars of November 8 and 9. Besides, since then, trading volumes have been lighter, pointing to apprehensive traders waiting for a clear trend definition. A breakout below $5, confirming losses of early November, may see UNI drop to $4.5 and $3.5 in a bearish continuation formation.
What to Expect from #UNI?
The path of least resistance is southwards, despite the rejection of lower prices in the better part of Q3 and 4 2022. As long as prices are above $5, Uniswap may recover, reversing the steep losses of this year.
Resistance level to watch out for: $5.4
Support level to watch out for: $5
Disclaimer: Opinions expressed are not investment advice. Do your research.
UNI SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the UNI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
UNISWAP IDEA HELLO GUYS THIS MY IDEA 💡ABOUT UNIUSDT nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this SHORT position..
and when the price come back to this area, strong sellers will be push down the market again..
DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like and follow Thanks
UNIUSDT still legit?#UNIUSDT
the pair made the first FAKE BREAKOUT (as seen in the image below)
than managed to stay above the FIB_PARALLEL_CHANNEL ... a very good sign to be bullish
as for me, a ZILLIONAIRE , i'll wait for one more GREEN CANDLE to enter the trade.
it will reach the -100% FIb target and i will make a ZILLION dollar
#STOP_BEING_POOR
UNIUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for UNIUSDT
Here we have R2 and R1 as the resistance areas that represent the unsuccessful attempts of price to rise. S2 used to be another resistance area and S1 is our support line with its well support of price at different points. At the present, we have the fluctuation of price at R1 and we predict two scenarios to happen. Either it will give us some rising sings and an increase is there for it to reach R2. Or it is probable that the price is not supported at R1 and would experience a decline down to lower amounts such as S2. Please follow our analyses and updates if you are looking for more profits.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
#Uniswap Solid in a Bullish Uptrend, UNI May Retest $7.8Past Performance of Uniswap
Uniswap is solid and bullish at spot rates. Although the crypto market is turning higher, UNI is mainly in a consolidation. The rejection of bears of early November and the steady higher highs relative to the lower BB is massive for optimistic buyers. In the short term, the primary support lies at H2 2022 lows at around $5. On the other end, resistance is at $7.8 and $9.6.
#Uniswap Technical Analysis
Despite the dump in crypto prices, Uniswap remains within a bullish formation, looking at the performance in the daily chart. UNI has support at around $5, flashing with the 78.6 percent Fibonacci retracement level of the June to August 2022 trade range. Presently, the revival of BTC could lift UNI from spot rates. Therefore, as long as UNI is above $5 and $5.78, traders can buy the dips targeting November high at $7.8. However, there can be a clearer entry above $6.5 or December high. A high volume close above the current consolidation and this liquidation level may fast-track the surge to November high and $9.5 or August high.
What to Expect from #UNI?
Uniswap prices may be turning the corner as market conditions improve. Traders expect more gains in the days ahead. This outlook will remain valid as long as UNI is above $5.7 and above the recent consolidation.
Resistance level to watch out for: $7.8
Support level to watch out for: $5.7
Disclaimer: Opinions expressed are not investment advice. Do your research.
UNIUSDT 1D Interval- Targets and StoplossHello everyone, let's look at the 1D UNI to USDT chart as you can see how we can see the price moving below the downtrend line marked in yellow.
Let's start by setting goals for the near future that we can take into account:
T1 - $6.68
T2 - $7.29
T3 - $7.91
T4 - $8.76
and
T5 - $9.85
Now let's move on to the stop loss in case the market goes down further:
SL1 - $5.81
SL2 - $4.72
and
SL3 - $3.33
Looking at the CHOP indicator, we see that on the 1D interval, the energy is starting to slowly increase, while the MACD indicator shows an uptrend, and the RSI shows that we still have room for further growth.
UNIUSDT 4H Interval- Targets and StoplossHello everyone, let's look at the 4H UNI to USDT chart as you can see that the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $5.63
T2 = $5.84
T3 = $6.06
T4 = $6.35
and
T5 = $6.74
Now let's move on to the stop loss in case the market goes down further:
SL1 = $5.27
SL2 = $5.04
SL3 = $4.86
SL4 = $4.67
and
SL5 = $4.41
Looking at the CHOP indicator, we see that the energy is strongly charged on the 4H interval, while the MACD indicator indicates a local uptrend.
UNIUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.(update)
Almost nothing has changed from my last idea,
We complicated the corrective structure to a double zigzag (wxy),
I still expect that UNI should to show good growth.
Entry: market and lower
Targets: 7.5 - 10 - 12
Main Target zone: 12 - 15$
after first target reached move ur stop to breakeven
Stop: ~3.4 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 6
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
UNIUSDT | Scalp deal, channel exit!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The chart showed an ascending channel with clear boundaries.
If you pay attention to the lower zone of the channel, then we will see a strong compression of the local support, which means that soon we will see a breakout of the lower border approximately to the $5.30-5.15 zone
Usually, this pattern works out through downward movements in most cases, but I would recommend taking no more than 2-3% of the deposit for a deal, as it looks very risky and therefore it is better to work with a short stop order.
#Uniswap within a bullish pattern, UNI strong support at $5Past Performance of Uniswap
Uniswap is remarkably resilient at spot rates, steadying above the multi-week support line and within a bullish path from a top-down preview. In the last 24 hours, UNI rose three percent, and prices remain inside the November 9 bearish engulfing bar, a bearish preview.
#Uniswap Technical Analysis
UNI has support at around $5, flashing with November 9 lows and within Q3 2022 range. At spot rates, UNI has retested the 78.6 percent Fibonacci retracement level of the June to August 2022 trade range, meaning buyers stand a chance. If prices are above $5, swing traders can load the dips in alignment with Q3 bulls, targeting $9.5—or August 2022 highs. However, for conservatives, there could be more opportunities once there is a solid recovery, reversing the losses of November 9. Based on the current formation, there is a risk of UNI plunging below $5 in confirmation of early November losses, pressing UNI towards June lows at around $3.20.
What to Expect from #UNI?
Bulls are confident, but there must be clear, high-volume gains above $6.5 as confirmation of November 10 losses. In either case, buyers must prove resilient, soaking in selling pressure and sustaining prices above $5 for the continuation of bulls of early Q3 2022.
Resistance level to watch out for: $6.5
Support level to watch out for: $5
Disclaimer: Opinions expressed are not investment advice. Do your research.