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Uniusdt

UNI/USD - Ranging between $17 - 20UNI did a new All Time High (ATH) and now we seem to have some trouble pushing above that level which is just above $20. It is likely we will range/consolidate in this area before we can push higher. We are also at the channel top, therefore a bit unlikely we will have the strength to push higher right now. It's more likely SUSHI will pump some more before both coins will correct, see my other idea for SUSHI. A possible path is on the chart. I do not exclude us going higher to establish a new ATH as the indicators are looking good and there are no reasons for concern at this time. However, we need to establish a base before that and we have good support in the low $17 area. Hence we may re-test that again before going up. If that support falls or we break below this big ascending channel, then this bullish momentum may come to an end. We shall see, no reasons to think that for now and bias remains bullish. Like and follow if you liked this idea!
Long
by DU09
1
Uniswap (UNI) - January 31 (12h)Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- A sharp uptrend continues. If you fall from the uptrend line (1), you need a short stop loss. The next volatility period is around February 6th. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto
6
Projection of targets for the next scenarios in UNISWAP 4HTechnical analysis regarding the price of UNISWAP in relation of dollar Tether for the next scenarios, based on 4 hour movement. I strongly believe that this crypto is valued, not least because it is in its "final moments" before the launch of Uniswap V3, to which it will boost the cryptography !! ~ my perception ~ Target projection for the next scenarios and explanations in the graph. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Long
by luizhcruz
9
Navigating Uniswap Price DiscoveryBINANCE:UNIUSDT - 4H Uniswap, much like other Defi darlings 1-inch & Sushi, presents a high barrier to entry for retail crypto participants. They hear about Defi and know the names of exchanges/lenders, but don't participate anywhere near the level of CEXs. They also hear horror stories about rug pulls and high gas prices, which deters them even further. Despite the tepid interest from mainstream retail, Defi has exploded onto the scene the past 18 months. People with high risk tolerances have seen impossible gains from airdrops and liquidity pools. For people with less risk tolerance, they can leverage trade Defi chips and enjoy the ride to a lesser, yet still incredible extent. Uniswap has been mooning in value since mid-November and is on its 11th day of (actual) price discovery with little end in sight. I say actual because the day it launched it traded at $15 for a very short time period. On the chart we see a clear uptrend with candles riding between the upper band and EMA7. There is another trend of a short retraction after a high piercing wick(s). At the time of writing, it has some room between the upper band and candle wick, which I would expect to be filled shortly. What I'm really looking for is the ensuing retraction after this run subsides. I'm hoping for a wick to dip into the green box, which represents a strong support/fib level. I would expect an immediate shot up from any wick in that area. Alas, with the majors holding supports and printing bullish signs, I don't know that the price will dip to that level as the EMA has served well as support in the recent trend. So I will likely double up longs at $12.9x and in the green zone should it happen. Do notice the tall volume bars peaking above the vol EMA. On a shorter time frame this would signal a retraction but on the UNI 4H chart, a similar volume bar kicked off a 40% run over two weeks. This is not investment advice and trading cryptocurrency is high risk.
Long
by LoDoCrypto
UNI/USD - Bearish divergence! Caution!After UNI did a fantastic run we stopped short of .50 cents of previous ATH at $15. Now we are painting quite a bearish picture with RSI on 4h and daily showing a bearish divergence (higher price, lower RSI) and MACD quickly losing strength as presented by the histogram. Therefore, do not buy here, this is the time to exit if you bought lower for a quick gain. If you are a long term holder, then you should not be too concerned, as we have plenty of support at $12 and $10. Perhaps UNI would have set a new ATH if BTC/ETH did not tank the market today as its momentum was very strong, however that is now changing, so be careful. Possible price paths on the chart. Like and follow if you liked this idea!
Short
by DU09
2