UNI/USDT - Uniswap: Trend Reversal◳◱ On the $UNI/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 12.758 | 14.116 | 16.637 and support near 10.237 | 9.074 | 6.553. Entering trades at 11.517 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Uniswap
▣ Rank: 23
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: Uniswap is a decentralized exchange built on Ethereum that utilizes an automated market making system rather than a traditional order-book. Instead of matching individual buy and sell orders, users can pool together two assets that are then traded against, with the price determined based on the ratio between the two.
◰◲ Technical Metrics :
▣ Mrkt Price: 11.517 ₮
▣ 24HVol: 15,682,647.271 ₮
▣ 24H Chng: 2.183%
▣ 7-Days Chng: -7.20%
▣ 1-Month Chng: -18.85%
▣ 3-Months Chng: 91.69%
◲◰ Pivot Points - Levels :
◥ Resistance: 12.758 | 14.116 | 16.637
◢ Support: 10.237 | 9.074 | 6.553
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -3.46
▣ Last 90D: 2.39
▣ Last 1-Y: 1.03
▣ Last 3-Y: 0.21
◲◰ Volatility :
▣ Last 30D: 0.85
▣ Last 90D: 1.35
▣ Last 1-Y: 0.91
▣ Last 3-Y: 1.08
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.59 - Bullish
▣ Reddit sentiment score is 0.77 - V. Bullish
▣ In-depth UNIUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
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Uniusdt
#UNI/USDT#UNI
We have a bearish channel on a 4-hour frame, the price moves within it and adheres to its borders well at this price.
We have a fundamental support area at $10
We have a higher stability moving average of 100
We have a downtrend on the RSI that is about to break higher
Entry price is 11.16
The first goal is 11.96
Second goal 14.16
Third goal 16.00
UNI looks bullishUNI looks to be inside the bullish wave C. The degree of this wave is big and it is expected that this wave will continue for months.
The SWAP range is the right place for buy/long positions.
The targets are clear on the chart. Note that these targets are medium term.
Closing a daily candle below the invalidation level will violate the analysis
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
Uni Fake Breakout of trend line ! Be aware ! UNI has been trading in a clear uptrend on the 4h timeframe. The price has been respecting the ascending trendline and making higher lows. However, the price is now approaching a strong resistance level at $13.
The ascending trendline:
The ascending trendline is a bullish pattern that is characterized by two converging trendlines, one connecting lower highs and the other connecting higher lows. The price typically breaks out above the upper trendline, signaling a continuation of the uptrend.
The resistance level:
The resistance level is a price level at which the price is likely to stop rising and start falling. This is because there are a large number of sell orders at this level.
The fakeout:
The fakeout is a bearish pattern that is characterized by a sharp increase in price, followed by a quick reversal and fall. This pattern is often used by large market participants to trap retail traders and acquire liquidity at higher prices.
The bullish scenario:
The price breaks out above the resistance level at $13 and continues to rise. The first bullish target is $20.
The bearish scenario:
The price fails to break out above the resistance level at $13 and falls back to the trendline. The price then retests the trendline and breaks down below it, signaling a reversal of the uptrend.
Conclusion:
The UNI chart shows a bullish pattern. The price is approaching a strong resistance level. The outcome of this level will determine the future direction of the price. Investors should always do their own research before investing in any cryptocurrency.
UNI is moving along the channelUNI is moving along the channel.
🔵Entry Zone 12.230 - 12.467
🔴SL 11.291
🟢TP1 13.387
🟢TP2 14.798
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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UNI/USDT descending channel assessing key resistance? 🚀UNISWAP 💎 Paradisers, pay attention as #UNIUSDT showcases an intriguing move. Following a descending channel, it's recently broken above and is now testing a critical resistance at $12.763. A successful breach of this resistance could significantly boost its chances for a bullish journey past this barrier.
💎 Amid market volatility, if $uniswap struggles to surpass the R1 resistance, we'll consider adjusting our approach. We're eyeing a bullish bounce from a lower support at $11.317, a level where the price has previously found footing.
💎 A drop below this key support level might signal a transition to a more pronounced bearish phase, accompanied by heightened selling activity. Maintaining alertness and flexibility is essential as we monitor the #UNI market's shifts.
#UNI/USDT#UNI
The pair has recently witnessed noticeable price movement
After falling for a long time
The price recently touched the downtrend, from which a price correction is expected
Current price 4.57
First goal 6.85
Second goal 9.78
Please note that the price is on its way to the targets and may be exposed to ups and downs at intervals that are expected to take time to reach the targets.
Cryptolean Uniswap UNI Update
Uniswap is trying to reverse from the key daily support level at $11.25.
A bullish reversal from $11.25 will result in a move to $12.63 and, possibly, higher to $14.28-$15.45.
A bearish break-out of $11.25 will push #UNI price lower towards $8.68.
Intraday Chart
The UNIUSDT 4-Hour chart is bearish and teasing $11.97.
A bearish breakout of $11.97 or a bearish rejection of $13.11 will push Uniswap price towards the key intraday support zone at $9.63-$10.60 and, possibly, lower towards $7.33, to close the gap formed on February, 23.
A bullish break-out of $13.11 will push price to re-test $15.24, however the price action may be slow and choppy.
Support once read!
Thank you
Is UNI's next target $26?Hello everyone!
I suggest paying attention to the #UNI token on the UNISWAP DEX.
On the chart, it is clear that after the last bullish market, a correction has started, forming a 3-wave Elliott correction structure.
Currently, according to the plan, we are in the first impulsive wave of growth. The asset has already successfully held above strong Fibonacci levels and even reached the target level of 0.618, from which the correction began.
You can consider entering a position from the current price values or place buy orders from the 0.5 Fibonacci level.
Target - $25.91
The final profit is over 100%. It depends on where you open the position from.
This is not financial advice, everything you do is at your own risk!
Follow me to get even more trading ideas!
UNI Potential Bullish PatternAs you can see in the chart above, Uniswap has found support in a previously significant price range, around $12.70. In addition to that, the 4h chart appears to be making a bull flag pattern in this pullback, and the price has also pulled back into a significant fibonacci area, between the .5 and the .618. These indications could mean that wave 5 is coming soon. In the short term, I will be looking for a break above the top trendline on this chart to be fully bullish, and a break below the $12 level as a bearish sign. My price target if it ends up running would be the $20 range, or the fib 1.272. Good luck!
UNI/USDT Break Alert!! Indicating Continue upward Movement!💎 UNI has recently encountered significant market dynamics. Currently, UNI has successfully broken out the supply area.
💎 There may be a retesting phase at the demand area, which was previously the supply area, before continuing its upward movement and reaching our target area.
💎 During the retesting phase, it is crucial for UNI to bounce from the demand area if it intends to sustain its upward movement. However, if UNI fails to maintain the demand area, there is a possibility of a breakdown below the support area, leading to a return to lower price levels.
💎 At the support area, it is imperative for UNI to bounce and reclaim the area above the resistance for continued upward movement. Failure to do so could signal a bearish trend for UNI, potentially leading to further downward movement in price.
UNI/USDT (Uniswap, DeFi) Main trend. Pivot zones. UnlocksLogarithm. The main trend (all trading history). Time frame 1 week. The main trend to understand the main trend and cycles.
Long-term position work in the spot (you don't need to hold your coins on the exchange, so you reduce the risk). If you are not working locally, there is no point in holding coins on exchanges, which can appropriate your funds in case of "force majeure" circumstances under the general market situation. If you work long term, then you will sell some part of it after a few months (the probability is no more). Then buy back most of the profits and some of it already in the main distribution cycle, that is, in a few years (1.8-2.2 years, the peak of the market).
It is worth noting that in 2023 there is quite a lot of unlocking of coins on this cryptocurrency.
Shows the percentage of price growth from the main reversal zones from the key support/resistance levels in the case of retention or on the contrary breakout. The work with martingale in case of a negative scenario (averaging, predetermined amount of money).
This is what it looks like on a line chart (without market noise).
This non-logarithmic chart was published about a year ago at the beginning of the accumulation (sideways) channel formation.
UNI/USDT Main Trend. Time frame 3 days.
News background now: Uniswap Labs announced the launch of Uniswap v4
UNI/USDT Crucial area. Could Break this area or rejected ??💎 UNI has recently demonstrated notable market dynamics, currently encountering resistance in the supply and Bearish Order Block (OB) area.
💎 A breakout above this zone is necessary for sustained upward movement, probability leading to significant price appreciation and the attainment of our target area.
💎 However, if UNI fails to break out above the supply area, it may face rejection and retreat to the support zone around 5.61 to gather new bullish momentum.
💎 Upon reaching the support area, UNI needs to bounce back upwards to resume its upward trajectory and attempt to breach the supply zone once again.
💎 Should UNI break below the support level, it would signal a shift in market sentiment towards bearishness, potentially leading to further downward movement towards the demand area or even lower.
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UNI/USDT Break the key resistance area. Bullish Momentum ???💎 UNI has been a focal point in the cryptocurrency market, having recently achieved a significant breakthrough by surpassing a key resistance area and breaking out of a bullish pennant pattern.
💎 This advancement indicates a potential retesting phase at what was previously resistance, now serving as support. Successful retesting could pave the way for continued upward movement, with the next target being a strong resistance area.
💎 During this retesting phase, it's crucial for UNI to demonstrate a robust bounce off the support area to maintain its upward trajectory. Failure to hold this support level could result in UNI retreating to the demand area, specifically around the $6.1 mark.
💎 The $6.1 demand zone becomes a critical point for UNI. For the asset to resume its upward path, a strong rebound from this level is necessary, aiming to surpass and sustain above the former resistance level.
💎 This action is vital for continuing the upward movement towards the strong resistance. Conversely, if UNI fails to hold this demand level and breaks down, it could signal a shift towards a stronger support area.
UNI/USDT Bullish Surge from Key Demand Zone? 🚀UNISWAP💎 Paradisers, get ready for an exciting trading prospect with #UNIUSDT, as it shows promising signs of a bullish continuation from its demand zone.
💎 Exploring #UNISWAP trajectory, we've observed its ascent from a significant supply level at $7.727. After a brief deceleration, our focus shifts to a potential bullish leap from the demand level of $7.232, where an abundance of liquidity further bolsters the case for a reversal. Remaining steadfast at this point could set the stage for the bullish expedition we're envisioning.
💎 If momentum for #UNI starts to wane, our eyes are on a rejuvenating rebound from the firm demand level at $6.916. However, a descent below this pivotal level could signify the beginning of a more pronounced bearish trend.
#UNI/USDT#UNI
The price has been moving in a downward channel since August 2022
The price is now on its way to a downward trend
The price now is 5.47 $
First goal 6.63 $
Second goal 7.73 $
Third goal 9.0 $
Which represents 210 % of the current price
With significant oversold and upward momentum
We also find that the MACD indicator is highly oversold
All of this supports the falling channel pattern, whose upper trend we are about to reach
We have a big support area on the chart at the price of 4.5 $