UNIUSD trade ideas
More bullish action if price action closes above THIS levelThe current situation:
1. Price action looks like it's forming an ascending triangle on the 15M chart, with the measured move to be above 6 USD.
2. There currently is bearish divergence on the RSI, I predict it could pull back to the 21 moving average.
* These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
Stimulus Check or Girlfriend Ticket?Looking strong tbh please observe the fully-vertical trend channel that has held strong for full chart history. UNI will never dump. Ignore those fibs the sample time is too small for those to work. Trendline is the essential component here. Sound investmest strategy in this trend scenario warrants high risk management. I'm recommending a small 110% allocation of investment funds here. I would expect that we break trend by next week, but we will be at $1 million + before then. Heard from Alpha that dev is dying next week after $1000 billion liquidity lock and meme trading contest w/rari reward will be delivered in Wrapped Rari. Only sign of weakness in this market is that Jebus and Arthur Hayes are in it. I'm not sure that money this easy can be shot down by such a large counter indicators. Then again, i've seen better markets taken down by simple interest from these 2. BINANCE:UNIUSD
UNISWAP 9.17.20WIll probably be the darling of defi in the future. You have to look at Uni as you would a business and right now all metrics look like UNI is leaning towards undervalued even with 1000 percent gains. This one will be one hell of a position trade and i'm holding mine for at least one year.
I would value this somewhere in the 7 billion marketcap based upon fees and p/e
UNI will be on fireHello folks! I guess y'all have heard about those 400 UNI to be claimed by each one who traded at least once till 1 September on Uniswap - if you haven't, GO NOW and redeem them, cause tomorrow is the last day. Anyway, my LONG feeling isn't based on any technical analysis or stuff like that cause UNI has barely a couple of h1 candles, so there's not much on the charts (even so, you can watch my chart and accumulate as much as you can in the green area and prepare for massive pump when the descending line will break up). Still, why do I believe that UNI will hit at least $10 in the next couple days? Cause Binance, Coinbase and so on are jealous on Uniswap (for it's huuge volumes - more fees - more profits for Uniswap and less for the others) and start accumulating UNI so they can gain control over it - simple as that. Keep in touch! Stay safe
Always do your own research!
*This is not financial advice
**Invest only whay you can afford to lose
@TradeWithBravo