Uniusdt
UNI 12h "Cup and handle" Global targets $5 and $23 all hereThe UNIUSDT price has reached a historical high.
Throughout our growth, we have been making a series of ideas for this trading pair. You can see how they worked out in our profile entering all published ideas and using the UNIUSDT search.
The whole trip took place at average volumes and it makes us wonder: Is this the end of growth? Where are the final bursts of volumes?
Now we can expect the UNIUSD growth to $9.20, and then we will see.
If the entire market goes into a correction, then on this chart the pattern: "Cup and handle" can start working out (we described this pattern in more detail in the ETHUSDT idea).
The global target of lowering is $5, so there it is worth buying in long at full, of course, if you are impressed by this UNI UNISWAP project.
Fixing the price above $10 will open the way to the next global level in the range $23.
As the price moves within this global idea, we will publish short-term ideas and in order not to miss them, subscribe to us and write comments with your thoughts and wishes.
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#UNIUSDT trading plan!Hi friend!
This coin flies up again!
After the breakdown of the resistance level 6.6$, I will buy.
Target 1 - 7.5$
Target 2 - 8.6$
✔ Do not forget to trade using your own trading system and with stops!
✔ If you like what I do, put 👍 and subscribe! 🙌👀
✔ This is the best gratitude for my work! 💕
UNI-3h. Buyers' plan: break $6.05 and test $8.3.After a clear victory of buyers in a difficult consolidation match, the UNI price stopped at $6.05 .
In the previous idea we expected a minimum target of $5.2. However, there was more potential for buyers.
The unsuccessful attempt of buyers to keep the mark of $6.05 allowed the sellers to relax. Low trading volumes during the attempt to increase the price in the period from 9 to 10 January called into question the continuation of price growth without correction.
On January 12, after a false break of the $5.2 mark, buyers launched a cautious counterattack. At the moment, the price of UNI is rising in the wedge and sellers are holding back as much as possible. Although most of these wedges are breaking down, it is important to see how buyers will behave at $6.05.
If trading volumes are low further - sellers will again test the mark of $5.2
Break of the mark $6.05 and fixing the price above this mark will open the door for buyers to continue to rise to $8.3 .
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UNIUSDT - Nothing much between 8 and 15 once resistance brokenUNI is finally doing what we all expected it to do back in October 2020.
I can't tell you the opportunity cost I had, as well as lost profits, watching it grind down during that period. A lesson for me in not protecting risk and not falling in love with a trading idea!
The good news is that now we're looking at a really bullish setup. Once that resistance is broken there's not much standing between a markup to $15.
I've set a trailing stop which I will keep manually adjusting, the idea is to keep locking in profit and covering my risk with all DeFi projects.
I do think we'll see this one at $50 this cycle and will go to Saturn once V3 is finally announced.
Top 10 Altcoin Picks in 2021! | Part 2 of 2Please see my other idea for Part 1 (ranks 1 to 5), linked below.
6. UNI (runner up: SUSHI ). DEFI market has seen unparalleled growth and decentralized exchanges like Uniswap have pioneered a new way of trading in the ETH ecosystem, whereby automated market makers and liquidity providers get a share of the trading fees plus incentives! Uniswap decentralized exchange is the leader by volume closely followed by Sushiswap. For this reason UNI and SUSHI - the tokens of the two decentralized exchanges - make it on our list. Important to also mention Curve as a dedicated decentralized exchange for stablecoins, with CRV as its native token.
7. SNX (runner up: ATOM ). Similarly, SNX or Synthetix is a derivatives liquidity protocol on Ethereum network. Meaning that you can issue synthetic tokens on its network linked to fiat, crypto or commodities. The possibilities are limitless and you can trade such tokens on the ETH network. To mint synthetic tokens one has to stake SNX - the native token of the network - hence creating demand and accelerating its market price, which exploded with the DEFI market. In this ever expanding market of crypto coins and blockchains, ATOM or Cosmos comes to clean it up by allowing different blockchains to communicate with each other. Sometimes described as blockchain 3.0 (1.0 being BTC and 2.0 ETH), ATOM is a good candidate for our runner up spot.
8. LTC (runner up: DASH ). If you are after a more agile, faster and cheaper alternative to BTC. LTC is your go-to coin or the "little brother" of BTC. Litecoin managed to carve itself a niche in the market and has consistently been one of the top coins by market adoption and usage. Whenever BTC or even ETH face congestions on their networks, LTC is a good alternative to move value for a few cents, unless you choose XLM (that one is instant and reason why is at the top of our list). DASH is our runner up because it has consistently shown sustained volume and adoption across the world with real use cases and a growing list of vendors accepting it as a payment method.
9. MRK (runner up: AAVE ). Maker or MKR is the governance token of the MarketDAO that allows users to issue and manage DAI (see above). Considering DAI is one of the most trusted decentralized stablecoins around, MKR should continue to increase in value, especially since its circulating supply is 1 million. With the crypto market set to explode, DAI and MKR will grow tremendously. AAVE is also a decentralized finance protocol that allows users to lend and borrow crypto and includes "flash loans" meaning the loan completes in the same transaction without collateral being needed. As an integral part of the DEFI market AAVA makes for a good runner up.
10. BCH (runner up: VTC ): BCH cannot be ignored simply because of its adoption level and market cap. As an alternative to Bitcoin, BCH will continue to remain one of the top 10 altcoins in the foreseeable future, with significant potential to grow further. It is also the 4th largest asset in Grayscale's massive $20 billion crypto portfolio. As a runner up, we have VTC or Vertcoin which I believe will have a great run in this current cycle thanks to its new mining algorithm set to launch at the end of January. VTC has been around since 2014 and is very similar to LTC. At only 20 cents right now, if the past is to be repeated, we may have a beautiful run ahead of us. Plus at the end of this year VTC will have its halving. Mineable coins have fallen out of fashion, however we may have a rebound in interest for such coins in this cycle.
What do you think about the above list and what are your recommendations for this year? Let me know below.
UNI/USDT - Ascending channel towards $8UNI is in an ascending channel and we just hit its top where we currently face some resistance. I expect us to do a short pullback before going higher as indicated by the chart.
If UNI drops to around $5, then that is a clear buy area as long as we don't break support.
DEFI market continues to be very competitive and UNI is one of the leading coins. So good long term investment.
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UNIUSDT (UNISWAP) Waiting for the resistance breakout#UNIUSDT ( 1H chart) Technical Analysis Update
Waiting for the Resistance zone BreakouT
UNI/USDT currently trading at $5.70
Long Entry-level: Above $5.740 (Enter long after 1 h candle closes above the resistance level at $5.740)
STOP LOSS: I will update once I see the breakout
Reisstance level 1 (Target 1): $6.08
Resistance level 2 (Target 2): $6.60
Resistance level 3 (target 3):$7.21
Max leverage: 3X
ALWAYS KEEP STOP LOSS..
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