UNIUSD.P trade ideas
UNISWAP sentiment - LONGIf price breaks above the 38 fib level (resistance) then we can expect a bullish rally above $7
Price currently sits on the bullish trendline and has been rejected by the 50MA
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Goodluck.
UNI/USD Resistance (Targets) & Support LevelsHere we have the UNIUSD support and resistance levels.
This is done by request.
The dotted gray and orange lines on the chart can be used as targets.
Below the current price, we call them support.
Above the current price, we call them resistance.
I hope that helps.
Namaste.
UNI has broken out of its downward channel. Fakeout or upward?Have been following UNI for a hot minute now. This channel has been broken. Will we see an upward movement towards ATH over the weekend into Monday or a crash down? Looking forward to following this one.
Breakout looking more promisingThe current situation:
1. Price action has broken out of the falling wedge and now has formed an ascending triangle subpattern. The measured target of the breakout from the ascending triangle, at about 6.5 USD, is still within the breakout range of the bigger falling wedge, at about 7.3 USD
There is no other moving average acting as overhead resistance at this time as price action is above all moving averages available to show at this time. Therefore, FIB levels (gold lines) are the resistance to be paying attention to in my opinion.
2. RSI is not overbought in any of the hourly timeframes, so there is room to run if price action trends upwards.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
UNI Moving up to confim rising channelThe 1 and 4 hour chars show UNI moving towards a second local high and confirming the upward channel. Movement in this channel and low gas prices today could take UNI above the channel to confirm continued upward price action. With the recent pile-in to UNI I'd expect high volatility.
Fakeout or a real reversal to the upside?The current situation:
1. Price action had previously broken out of the falling wedge at about 4.3 USD with the measured target to be about 7 USD. After breaking out, the price action was rejected at the 6HR 21 moving average at about 5.4 USD. It has found support back at the 0.786 FIB level at about 4.3 USD.
There is also a POSSIBLE head and shoulders pattern on the 1HR chart. If the next high does not close above 4.90 USD, that could make the right shoulder and spell bearish action in the short term.
BTC dominance is also trending up, which can signal that altcoins can go lower. However, UNI was possibly one of the few, if not the only altcoin that has made a gain today. But it is still something to be careful of.
2. There was bearish divergence on the 1HR chart preceding the rejection at 5.4 USD and now RSI is in neutral territory on all available timeframes, so price action can go both ways.
The bullish case:
1. Price action needs a solid close above the 6HR 21MA, to make a convincing case it can go higher. The next resistance level above that would be the 0.5 Fib level at about 6 USD.
The bearish case:
1. A close below the 0.786 Fib level would be bad signal for the bulls and can indicate more downside to come as this breakout would not be considered successful.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
UNIUSD Potential longWe're just filling some fib gaps in boys, if we can consolidate, or see a few more bullish signs, we may be good to green. Stay stacked frens.
UNI Possible confirmationUNI has risen above the channel formed by the weekend's drop. It could offer confirmation and continue upward, testing previous points of supply.
important parametersthe ascending channel suggest bullish accumulation. sans consolidation, a move to the upside would occur when it is complete
uniswap 9.23.20The patient will be rewarded. Added on yesterday at 4 dollars with some of my stash of monopoly money. Textbook retracement. Came back and confirmed old resistance as support but we may not be one with that level just yet. It could still come back down and create a higher low around 4 exactly. This one is going to be HUGE.
5.77 is the next target
(Follow up on my short call at $7) new thread for future priceI was the only one called to short when UNI was at $7; and I also called the low target at $4 (Check out my last post on TV). Now UNI broke up the descending trend line, I want to use this new post to keep updating predictions and thoughts as the unicorn keeps its journey. haha
By buying at high and sale low, I increase my position by 70%; I don't give feeling good stuff, I only share my honest opinions and try to maximum our profit.
!please give a like or leave a comment; I want to hear your thoughts!
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UNI will confirm bullish tread after breaking out from $4.2 on a hourly
And new short target at $4.7 after the breaking out
In a unfortunate case if the bear decided to hang out with the unicorn one more time, we will be looking for consolidation at $3.6 and stop at $3.2
Not a financial advisor and this post is not financial advice; thanks SEC; thanks JPow; thanks trumpdollars; thanks burrrrrrrrrr
EYEING this indicator before getting back inThe current situation:
1. Price action has been in this falling wedge since reaching the previous high and it has not gotten on top of the 1HR 50 moving average since. The 1HR 21 moving average is flattening out, which looks like signal for a reversal. In the area of the possible breakout, it an ascending triangle does seem to be forming, which is a bullish pattern. However, I would look for price action to close on top of the 1HR 50 moving average before being convinced there is a reversal.
Nevertheless, the market is looking quite bearish so even if this reverses, I would still be careful especially if there is a move downwards in BTC.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
I am New. I am not a financial advisor. Trend break?Probably stupid theory. I never did one of these before. I do have a stop limit buy order set. Following the lead of a whale. Anyway, I love the project, I have been talking to a programming buddy about running a node or something. I am down with LINK ! What do you think, just a new daily trend right?
UNI.usd may have bottomed at the Impulse Core of Coinbase launch"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
UNI touched the top of Impulse Core and bounced with some energy.
It has since challenged to fibs above, but still lacking in real velocity.
Perhaps it goes from here, or it may need one more dip into the Core.
See "Related Ideas" below for an explanation of my concepts.
UNI scalp againThis is my plan. Not betting big, just playing and experimenting.
Phase 1: Half long now, half waiting for greedy accumulation zone.
Phase 2: In either case, sell at heavy resistance targets.
Phase 3: If phase 2 works out, try to reaccumulate and shoot for the greedy sell targets.
Otherwise: If it sinks significantly below $3.70, rethink life choices.
9.22.20 uniswapSo what should we be doing right now? I think the alt markets are long overdue for a bounce. However the biggest thing right now is......THE bloody DXY. it looks to have put in a momentary bottom. I think this just gives us a perfect buying opportunity over the next few (who knows it could be months) to start to accumulate some quality projects and of course my favorite. The precious metals. I'm taking a bit off of the sidelines and i'm starting to average in to things like UNI, like Chainlink, Like TEZOS the KING well i'm not buying Tezos but if i wasnt' so loaded up i would be. They have HUGE things around the corner.
Sorry back to Uniswap. It has potential to be the DEFI project that overtakes everything. I really believe its possible especially now that a layer 2 solution is on the horizon. Nah i'm not waiting for Eth 2.0 but i know that OMG and Matic are about to put Uniswap into a different realm. I think the rights to govern the UNICORN of defi is just too good to pass up and ppl dumping their rights are foolish. You will look back on this in a few years and really regret even selling your uniswap under 10 dollars. I think this one has the potential to cozy up to and actually leap frog Polka Dot and CHainlink. If those 2 are up there then Uniswap deserves to be ahead of them.
2 hour macd crossoverbullish break from bearish triangle accompanied with a crossover on the two hour macd. first breakout price target lies around 5, above which will occur a retest of previous ath
Continuing downwards or breakout of THIS pattern?The current situation:
1. Price action has been continuing in this falling wedge as seen on the hourly chart and has bounced off the 0.786 FIB level at about 4.4 USD. There is also a double bottom apparent with the neckline at about 4.6 USD. The measured target for the double bottom pattern is about 5.05 and the measured target for the breakout of the falling wedge is about 7.55 USD if broken out of the point indicated. Do note that price action may not reach its measured target however.
2. There is not exactly bullish divergence on the RSI though, but we will see if this actually reverses back up from this point.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
* These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
