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Uniusdtidea

UNI - 6h. Buyers have a great chance to test $34.7Once again, the range of $31.3-32.3 is becoming a serious problem for buyers of the UNI market. In the previous idea, we predicted a test of this range and the beginning of the 20th momentum of the fall with a target of $20: The first part of our scenario worked well, but we had doubts about the second part. That's why we decided to create a new idea. If we pay attention to the local wave of the fall , which began on March 24, we see that its correction was very long. To continue the wave of decline, sellers need to be more determined on March 31, when they tried to take control of the range of $26.4-27.4: However, as we can see in the chart, buyers have clearly seized the initiative in the UNIUSDT market and are trying to gain a new position in consolidation to continue growing. Today's fall in the price of UNIUSD took place within the local consolidation channel. Trading volumes do not resemble the impulse movement of the UNI price. Therefore, in our opinion, the movement in this channel will continue with the first goal of $34.7. An alternative scenario may begin if the mark of $30.6 test is very weak. However, even this condition will not be enough. For our previous scenario and $20 to be tested by sellers, the new wave of Uniswap (UNI) falls should start with a $30.6 drop aggressively and at excessive volumes. As long as BTC is above the range of $54200-54500 , there is no point in worrying. however, it is mandatory to closely monitor your positions. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
14
UNI-4h. Struggle for the trend line and level 3.22.UNI price consolidation in the range of $3.22-4.2 continues. Sellers broke the growth trend line from November 9 and push the price to the bottom of the consolidation. Trading volumes fell significantly from November 27. If sellers break the level of $ 3.22 down - it will provoke a sharp continuation of the fall to $ 2.55. ____________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
4
UNIUSDT - Ascending Triangle PatternOften a bullish chart pattern, the ascending triangle pattern in an uptrend is not only easy to recognize but is also a slam-dunk as an entry or exit signal. It should be noted that a recognized trend should be in place for the triangle to be considered a continuation pattern. In the above image, you can see that an uptrend is in place, and the demand line, or lower trendline, is drawn to touch the base of the rising lows. The two highs have formed at the top line. These highs do not have to reach the same price point but should be close to each other. The buyers may not be able to break through the supply line at first, and they may take a few runs at it before establishing new ground and new highs. The chartist will look for an increase in the trading volume as the key indication that new highs will form. An ascending triangle pattern will take about four weeks or so to form and will not likely last more than 90 days. How do the longs (the buyers) know when to jump into the issue? Most analysts will take a position once the price action breaks through the top line of the triangle with increased volume, which is when the stock price should increase an amount equivalent to the widest section of the triangle. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU
Long
by Yuriy_Bishko
4