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UNIUSD trade ideas

Why Uniswap Is So undervalued ? King of DEXs?Last year, the world’s three largest stock exchange operators grossed $7.3 billion in profit. Combined, these companies have a global market value of $92.4 billion. They are money machines. All they do is sit in the middle and match buyers and sellers. Now, they do it very efficiently. And they do it very quickly. That’s why they make so much money. When seconds can mean the difference between making thousands on a trade or millions, traders are willing to put up with their fees. For crypto, Uniswap saves users time and money. You don’t need to send your tokens to an exchange, wait an hour, trade, and then send the crypto back to your wallet. It can all be done almost instantly through Uniswap’s wallet and on-chain. In return, it collects a smaller fee than the big exchanges today. We see Uniswap as the hands-down king of DEXs. And as it takes its place at the top, UNI holders will benefit through a potential 0.05% fee change in the coming months. To gauge what UNI is worth, let’s assume the fee gets implemented – which we believe will happen in the coming months. Since September 1, Uniswap has averaged $386.7 million in volume per day. If it were to merely maintain its market share – based on UNI holders earning 0.05% in fees on this volume – over the course of a year token holders can pull in just north of $70.5 million. By January 2021, UNI’s total circulating supply is expected to be nearly 240 million tokens. This would work out to be just over 29 cents per year per token in earnings. Now, to get a starting point for what the market pays for these earnings, let’s look at three publicly traded exchanges and their price-to-earnings (P/E) ratio. CME Group: 25.65 InterContinental Exchange: 26.65 Nasdaq: 26.45 Average: 26.25 So investors are willing to pay an average of $26.25 for every $1 in earnings. Using an average P/E ratio of 26.25 would give UNI a price of about $7.73. At the time of this publishing, UNI was trading around $3.0078 So it’s already trading at a more than a 59% discount compared to traditional exchanges. The same way Amazon owned e-commerce by making it easy for people to buy online, Uniswap is in a position to dominate the trading of ALL assets, not just crypto because it’s made it easier and far cheaper to use than traditional exchanges. And because of the design of the blockchain, it can do this with just a handful of people. Think about that: Uniswap is dominating all crypto trading with just 10 people. The top three exchanges – Binance, Kraken, and Coinbase – have a total of 2,469 people on their teams. It took Uniswap less than two years... only $11 million dollars... and only 10 employees to reach the same trading level it took Coinbase 5.5 years, 1,200 employees, and $500 million in capital to reach. I need you to understand how disruptive that is. If I were a Coinbase, Binance, or Kraken shareholder... I’d be very worried right now. As a cheaper, faster, and easier option, Uniswap is going to eat their lunch.
BINANCE:UNIUSDLong
by ShinForex1
4
Bullish signs but still need to break this KEY resistance*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
COINBASE:UNIUSDLong
by CryptoRush_
Bullish pattern apparent will can it break out?The current situation: 1. An inverse head and shoulders pattern is apparent on the 1HR chart, with the neckline at about 3.45 USD and the measured breakout target to be at about 3.75 USD. Currently the immediate resistance is the 12HR 21MA, above which the price action has not closed above since September selloff. The bullish case: a solid 12HR candle close above the 21MA will make a convincing case that the downtrend may be broken and this is the start of a reversal. The bearish case: a rejection at the 12HR 21MA and the price action falls back below the 1, 4 and 6HR moving averages it just gotten above. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *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.
COINBASE:UNIUSDLong
by CryptoRush_
Short-term bearish signs apparent - watch THIS level of support The current situation: 1. A head and shoulders pattern is apparent on the hourly chart, the neckline of the pattern is at about 3.17 USD, which is also where the hourly 21MA is. The measured target of the breakdown is about 2.87 USD, but there are a few moving averages below the current price action that can act as support. The bullish case: an hourly close above 3.45 USD should convincingly negate the head and shoulders pattern, but do mind that there are still 4HR 50MA and 12HR 21MA right above it that are acting as resistance. The bearish case: if the price action breaks below the neckline can signal a possible breakdown towards 2.87 USD. If price action breaks below the 4HR 21MA, which will be the last MA acting as support once the hourly 50MA gets above it shortly, that can be a signal for lower price action. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *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.
COINBASE:UNIUSDShort
by CryptoRush_
7
Looking like another failed reversal - are we going back down?The current situation: 1. Price action previously had gotten back on top of the hourly 21 and 50MA, which looked like it could've been a start to a reversal, especially with bullish double divergence apparent on the 6HR chart. Since then, it had been rejected at the 3 USD level and now has formed a head and shoulders pattern on the 15M chart, which is bearish. The measured target of the pattern is about 2.6 USD from the neckline at about 2.8 USD The bullish case: price action gets support by the hourly 21 and 50MA, which is currently near the neckline of the head and shoulders pattern and retries the $3 level. The bearish case: price action breaks below the neckline towards the measured target. *Thank you to those who donated, I very much appreciate it. *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.
COINBASE:UNIUSDShort
by CryptoRush_
2