#Uniswap Flatlines, will UNI Bulls Break the middle BB and $7?Past Performance of Uniswap
Uniswap prices are relatively steady at spot rates, moving inside a bear bar but more robust considering gains over the weekend. Per the UN candlestick arrangement in the daily chart, traders can wait for a clear trend definition. As it is, gains above the 20-day moving average with rising trading volumes may see the coin soar to new territories above $7.
#Uniswap Technical Analysis
Currently, UNI buyers are firm, moving inside a tight trade range, capped by the September 6 bear bar. In the past three trading days, prices have increased, albeit with light trading volumes. Sellers are still in control as long as prices are within the September 6 bear bar from an effort versus results perspective. However, if UNI bulls push prices above $7 with increasing trading volumes in a bullish breakout formation, the 61.8 percent Fibonacci retracement level of the June to August 2022 trade range will be a critical support level. Guided by historical performance, it is highly likely that UNI may retest August highs at $9.5. If not, deeper losses below $5.8 and last week's low could trigger a sell-off.
What to Expect from #UNI?
The revival in Ethereum and across the crypto market could have a positive bearing on the token, pumping it to new levels. Currently, $5.8 anchors buyers, and the uptrend will be initiated if there are solid gains above $7, preferably with expanding participation.
Resistance level to watch out for: $7
Support level to watch out for: $5.8
Disclaimer: Opinions expressed are not investment advice. Do your research.
Uniusdtanalysis
UNI (Uniswap) Token Analysis 20/03/2021Fundamentals:
Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.
An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.
Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.
Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.
In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol. This added both profitability potential and the ability for users to shape its future — an attractive aspect of decentralized entities.
Uniswap exists to create liquidity — and therefore trading and the value that trading provides — for the DeFi sphere.
One of the major AMMs in operation at present, the protocol functions using a formula for automated exchange — X x Y = K. Founder Hayden Adams describes himself as the inventor of the particular implementation of the formula on Uniswap.
Uniswap is not just a decentralized exchange; it attempts to solve the issues that platforms such as EtherDelta experienced with liquidity.
By automating the process of market making, the protocol inceventizes activity by limiting risk and reducing costs for all parties. The mechanism also removes identity requirements for users, and technically anyone can create a liquidity pool for any pair of tokens.
According to Uniswap, their governance token (UNI) was created in order to “officially enshrin Uniswap as publicly-owned and self-sustainable infrastructure while continuing to carefully protect its indestructible and autonomous qualities.”
Uniswap came about as a plan to introduce AMMs on Ethereum to a wider audience. The platform’s creator is Ethereum developer Hayden Adams.
Adams worked in various projects while finalizing Uniswap, and his work was informed directly by Ethereum creator Vitalik Buterin. Buterin even ended up giving the protocol its name — it was originally known as Unipeg.
Adams has also said that the original inspiration for the Uniswap platform came from one of Buterin’s own blog posts. His original idea to focus on Ethereum came after a friend convinced him to begin researching and understanding the protocol in 2017.
Current Fundamentals:
The live Uniswap price today is $34.22 USD with a 24-hour trading volume of $888,258,314 USD. Uniswap is up 15.36% in the last 24 hours. The current CoinMarketCap ranking is #8, with a live market cap of $17,858,908,377 USD. It has a circulating supply of 521,835,076 UNI coins and a max. supply of 1,000,000,000 UNI coins.
The top exchanges for trading in Uniswap are currently Binance, Huobi Global, Upbit, OKEx, and BitZ. You can find others listed on our crypto exchanges page.
Technical Analysis:
the price is Rallying in a wedge and there are some retracement chances too but there exist a Hidden Bullish Divergence with MACD which is the sign of trend continuation.
overall we are bullish on this Token and there are 3 Targets defined
in case of Price Retracement to Fibonacci retracements 61.8% then we can target 2 TP
in case of Direct Rally to the 2TP followed by some Nominal Retracement and Price Correction then the 3 TP gets Confirmed.
UNIUSDT Analysis (GLOBAL VISION)Hello friends.
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Everything on the chart. (update)
Nothing has changed from my last idea, everything is relevant.
Entry: market and lower
MAIN TARGET ZONE AT THE END OF BULLRUN: 60-75$
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of scenario - consolidation below ~5.5$
Risk/Reward: 1 to 11
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
UNIUSDT Wave Analysis (GLOBAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
MAIN TARGET ZONE AT THE END OF BULL RUN: 60-75$
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of growth,consolidation below ~6$
Risk is justified.
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
UNIUSDT GLOBAL VISION (STRONG BUY, X7 POTENTIAL FROM HERE)Hello friends.
Please support my work by clicking the LIKE button👍 (If you liked).Thank you!
Everything on the chart.
Nothing has changed from my last idea.
Entry: market and lower
MAIN TARGET ZONE AT THE END OF BULL RUN: 60-75$
Stop: ~4.2 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 13
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 Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
TP: 20 - 22 - 25
after first target reached move ur stop to breakeven
Stop: ~13.5 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward 1 to 3
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 , Can we reach to 3rd target ??Hello everybody
According to our last analysis that we publish , we shown that buy zone area and exactly the price jumped from there zone and exactly both of the target will touched and reached and now do you think the 3rd target can be reach or not ??
The answer of the question its in our private channel If you want to register send us messages
Previous analysis :
Good Luck
Abtin
UNIUSDT , Did you bought ??Did you bought UNI in there zone we shown on chart ????
Did you take our last advise about UNI ????
We publish in publish in here
Previous analysis :
The price exactly come to touch our buy zone and is ready to go up , but the important thing is the trend in downward going and because of the breakwave and need correction these target is in the price way , but if the key point break the trend is changing to upward and the more target will be update if this happen
Good Luck
Abtin
UNIUSDT . We are going to buy zone areaHello everybody
According to our chart and last analysis of UNI , we hope that everyone took that profit from the market of UNI
In here in this time because of the condition of the market , the price is falling down toward the most important level of support , but dont worry and be calm this is the last wave of drop before 95K and this is needed because for the health of the market
You can buy in part by part in buy zone area and hodl and be patient and enjoy your profit
UNI it can pump amazing in alt season because of the condition and because of the working and ...
Good Luck
Abtin
UNIUSDT , We are going toward buy zone area Hello everybody
In here we have amazing chart that we analysied last week and exactly the market is moved to our way and reached to our target .
At this time we need more pullback to buy some UNI , exactly you can buy in buy zone area with signal ( like hammer or ascending cover or price pattern ) then you can buy and dont forget use stop loss and target
UNI is one the most powerful project in Defi , One the most coin that we should have in our portfolio
Previous analysis :
Be with us and sleep comfortably
If you have question ask us
Good Luck
Abtin
💥UNISWAP - TO RISE BY 20% TO $30Please support this idea with a LIKE👍 if you find it useful🥳
Buy level - $25 - $26
Stop loss $24.40
Take profit 1 - $29
Take profit 2 - $30
Right here is price in a descending triangle with price about to test the next support level.
If price does not break the demand zone downward, then I expect a rise by 20% to $30.
What do you think?
Share your opinion in the comment section✍️
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UNIUSDT Has Crossed Above 20.700
Welcome back Traders, Investors, and Community!
Hi Traders, UNIUSDT on H4 has crossed above 20.700, it can go higher
⬆️Buy now or Buy at 19
⭕️SL at 17.5
✅TP1 @ 23
✅TP2 @ 25
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Have a Profitable Day
UNI - 4h. Strong Token Prepares for 30% GrowthIn very different ways, altcoins have experienced a massive wave of declines in the crypto market. Some strong projects did not fully meet the expectations of investors and showed a weak rebound in prices after May 19. Today we are going to talk about Uniswap (UNI) . As we can see on the chart, buyers managed to quite aggressively respond to sellers on their downward wave. Of course, like all other coins, the price of UNI fell by 70% , which is considered an average. However, if we look at the UNIUSDT chart today, we see that buyers are very interested in this token. It is also perfectly visible on the daily timeframe:
Please note that for two days the sellers are trying to force their game on the UNIUSDT market. However, buyers are actively buying back every UNI fall and do not allow the price to enter the important liquid range of $ 21-23.
The secret of this coin's success is in its chart paired to BTC. The thing is that UNIBTC is one of the few charts among crypto coins that shows a rise or at least a stop in price:
Globally, UNIBTC buyers were able to keep the price within the black channel. This was a good signal for the return of capital to the UNI market. With this in mind, we would choose this coin for a potential upside trend as a strong one. However, no more than 30% of the price movement. The growth target is the range of $34-36.
P.S. Our global UNI idea:
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Uni 1D Where globally can fallFor more than 4 months we have not made a global idea according to the UNIUSDT schedule
It's time to correct this not justice)
For 3.5 months, the UNIUSD price was moving in channel upward from border to border. And tonight they broke this channel down, of course, that the negative on the cryptomarket helped this.
On the positive side, the UNI price drop occurs without abnormally large volumes.
If this trend continues without volume, then the UNIUSDT price should not fall below $22 . From this level it would be good to see an increase in trading volumes and buyback of a fall, the chart should turn into consolidation with a continuation of the rebound at least to $32.5-36
If the negative on the cryptocurrency market continues , and the trend itself finally turns into a long-term correction, then from below the price of the Uniswap project token will be met by two zones: $13-14 and $9-10
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