UNIUSD.P trade ideas
Uniswap to hit $5.20Uniswap to hit $5.20
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The Uniswap (UNI) pattern broke above the monthly resistance at $6 under the influence of an inverse head and shoulders chart pattern. Hence, coin buyers are developing another pillar to climb further up the price chart. Additionally, the technical setup of this bullish reversal pattern should encourage buyers to rally the bulls to $8. you should enter
For almost two months, I. H. From May 11 to July 8, the UNI/USDT pair traded sideways, struggling to clear the $6-$5.9 resistance. Furthermore, this consolidation has formed an inverted head and shoulders pattern, which offers traders a chance for recovery.
The recent drop in UNI price has stabilized around $4.65, forming the right shoulder of the pattern. The corrected rally sent the altcoin surging 40% and breaking the neckline resistance at $6.
On July 9, the coin saw a decisive breakout from $6, supported by a significant increase in trading volume. Additionally, the altcoin, which is currently in the retest phase, provides an entry point for contrarian buyers.
Alternatively, the impact of the $6 support level would nullify the bullish thesis and trigger another correction in UNI price.
UNI - Leading The Crypto Bull Run! 🚀UNI has broken above resistance with impulse as can be seen well on the daily chart.
Last bull market it was UNI that surged hard and long in the early stages and I think this may happen again.
It may re-test, it may even fall back below resistance, but I think in a week, in a month, in 3 months UNI will be well on the way to the moon, or at least a retracement moon 😄🌒.
Not advice.
UNIUSD ❕ upper boundary of channelUNI is moving in an uptrend channel, but is now near the upper boundary.
TD Sequential has formed a reversal signal down (1H TF)
Price and RSI have formed a bearish divergence (1H TF)
I expect price to correct after fixing under resistance level.
UNI faces bearish crossover after failing to test $5.68 resistanUniswap price analysis remains bearish today, following from yesterday’s massive 16 percent decline that took price down to $5.25 support. UNI declined more than 2 percent over the past 24 hours to as low as $5.36 with trading volume rising above 55 percent. Uniswap price took a sudden correction on July 10, 2022, after facing rejection at the $6.38 resistance point and is now set for a bearish crossover. Price could find an uptrend if buyers come into the market at discounted price over the current trend, but would need to look out for the high volatility currently in place. UNI market cap fell around 3 percent today, moving down to $4,195,369,658.
The larger cryptocurrency market continued to decline sharply from yesterday, as Bitcoin receded down below the crucial $20,000 mark with a 4 percent decline. Ethereum lost 7 percent in price to stay just above $1,000, while major Altcoins showed similar downtrends. Cardano dropped 4 percent to $0.43, whereas Ripple dropped 3 percent to $0.31. Dogecoin dropped down to $0.06 with an almost 5 percent dip, while Solana showed a similar decline to move down to $33.88. Meanwhile, Polkadot moved down to $6.78, dropping 2 percent over 24 hours.
UNISWAP LongWait, Uniswap is breaking out ? curious what will happen in a couple of days/weeks. A close above the horizontal line, could lead the price up.
If this plays out well, my price target will be at 10,812.
UNI - Profit Taking AgainUNI is hitting a clear 1:1 here with some wick while BTC has a flash mini potential blow off top so im taking some profits here.
I'll be looking to re-enter my swing at the log 0.382 which is $5.39.
It may (I think) get to the 1.272 but even if it does and reverses then a 0.382 is still lower than current price at $5.54.
Some bearish divergence also on the 1H.
Also NDX hitting resistance so I'm expecting a down day tomorrow which can also pull crypto down so it would be approriate time for BTC to top if thats correct.
Most of the other coins i'm leaving alone unless they have clear fibs and I cant be doing with too much fiddle.
Not advice.
UNI/USDhi everybody and hope you are good
this is Update for my last post about uniswap and show some targets to you
today it pass over 50% of my path line .sooo wait for the main target
follow me for more analysis and share your comments for me
UNI/USDhi everybody
my idea about UNISWAP, the price goes Up to 5.2 $ in the first Target.in the secend one its goes to 6$
SL is around 4.5
follow me for more
share your comments
UNI - Profit TakingI'm exiting my swing position here but not touching my hodl allocation.
Currently UNIis up 50% from my entry.
It is hitting the range top.
Bearish divergence on 4H RSI .
And most importantly BTC is in a drifting ascending channel - looking ready to fall.
I'll hopefully get back in near the low. If I miss it its fine i'll put it in something else but I think the odds favour the exit.
Not advice.
UNIUSDImpulse wave came from the bottom, I think it is in correction right now, it is difficult to know what kind of correction will be before the first wave occurs, firstly the dynamic support in the first 1 hour was determined as TP
UNI USD BULLISH 1 hour TRADEBullish trend detected at 1 hour chart on uni usd position taken on the current price with higher low as stop loss stop loss to be moved with price changes and fixed at the last higher low to maximize profits
UNI bottoming?Elliott says UNI is in a bottoming formation here, and possibly already has bottomed last week. Either way I'll be looking out for potential 'wave 3' news triggers which would cause this next massive wave up. The announcement of their move into NFT trading would be a good start to that. The governance decision someday to trickle fees to UNI holders would also be a massive news-maker for UNI.
UNIUSD Two levels for a short-term buyUniswap (UNIUSD) has been trading within a Bearish Megaphone pattern since the December 02 2021 High. It has been in a Bear Cycle since the May 05 2021 High. At the moment the price is testing (and so far being rejected on) the 1D MA50 (blue trend-line) which is unbroken since April 10. Last time we saw a similar 1D MA50 rejection on a downtrend with the 1D RSI on the same pattern, was during the May 05 - July 06 2021 formation.
It was when the price got rejected on the 1D MA50 and formed straight after a Triple Bottom that eventually rebounded within the 0.618 and 0.786 Fibonacci retracement levels. It is possible that if the same pattern is repeated, it will make that Fibonacci test when the 1D MA200 (orange trend-line) is within. Right now we can only trade within the Bearish Megaphone, so either buy if the price closes above the 1D MA50 or if it makes a Triple Bottom within 3.60 - 3.35. The new Bull Cycle will most likely start when the price breaks above the Lower Highs trend-line from the All Time High.
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UNIUSDT H2: 75% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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UNIUSDT H2: 75% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: UNIUSD H2/candle chart review
::: HIGHER RISK SETUP USE TIGHT STOP LOSS
::: short-term recovery / bounce play
::: targeting IHS formation
::: however strong bounce after pullback
::: setup still valid as of today
::: chart is LOG SCALE
::: get ready to BUY LOW later near 4.20/4.40
::: BUY LOW near 4.20-4.40 stop loss below
::: currently expect re-test of resistance near 5.80
::: chart looks good for a decent bounce play
::: for now stay out / wait for better entry price
::: up to 75% gains possible later
::: short-term pullback/correction
::: is possible / likely
::: however chart looks good for BOUNCE
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +75% gains
::: details: see chart
::: FINAL TP is +75%
::: recommended strategy: BUY/HOLD 4.20 USD
::: TP BULLS +75% gains final exit 5.80 USD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/STRONG BOUNCE
::: Sentiment short-term: CORRECTION/5.80USD
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
UNI-USD Week-01Analyzing the Higher Highs and Lower Highs to predict the bullish trend. This is the chart for Uniswap against USD. This chart is prepared in week 1 of the Technical Analysis course.
UNIUSD ❕ ascending trend linePrice is moving in the liquidity zone.
UNI has formed an uptrend line.
Trading volumes continue to decline.
I expect that the price will continue to grow after fixing above the resistance level.
UNIUSD: SHORTMACD is crossing for bearish signal
Slow stochastic is coming out of the oversold area
Stop loss::5.44583
Take profit: 4.78078
Risk/Reward:3
UNIUSD ❕ sales in the liquidity zoneThe price is below the liquidity zone.
The movement showed power of salers within the liquidity zone.
I expect that the price will fall after fixing under the support level.
UNI, is expected to break through the resistance.The following content is machine translation:
In the 4-hour chart, it is currently in a range-bound trend. The rebound has encountered resistance near 5.5 for many times. Now it has reached the vicinity of 5.5 again, and is expected to break through. The macd indicator refuses to cross upwards and is bullish. In operation, it breaks through 5.5 to do long. After the breakthrough, there is still a heavy resistance as the downtrend line. If it breaks through the downtrend line again, look at the Fibonacci 0.618 near the $7 price.
