UNIUSDT trade ideas
The bottom of the ascending channel has yet to be brokenOver the past week, UNI has continued its price growth within an ascending channel and has shown a strong negative reaction by hitting an important resistance in the $7.62-$8.
The bottom of the ascending channel has yet to be broken, and due to the solid retracement for this dynamic support, the possibility of breaking this range has increased.
More power is still in the hands of buyers. But if the bottom of the channel is broken, the first valid support is $6.56 to $6.67, and the second support is $5.95 to $6.11. The weekly timeframe candles show that as long as the second support holds, there is potential for another strong up move.
The closest near-term support to the current price is $7-$6.96, which exactly overlaps with the bottom of the long-term ascending channel. So the continuation of the price trend depends on how to react to this range.
UNI : INCREASE VIEWUNI showing depending on low time frame increase view.
we will follow this coin to check the trend out.
🌠We will monitor UNI to see if it shows any upward movement in the lower time frames. If the trend looks promising, we will continue to track it beyond the initial 24-hour period
🗝UNI have good chance to breakout if the trend keep going in trend volume
UNI has strong chance to jump soonas you see on daily chart, UNI coin is moving sideways for a while however things may change in days coming.
right now price is moving above the 200 MA on daily chart. and MACD on 3D timeframe is positive but
still has low strength for strong move.
also we can see price closed above the trend line and the baseline on the chart too.
so if the price can hold the blue area we can expect an impulsive rally upward in days coming.
I also can see same opportunities on some other coins and if it is we may see a good possibility of ALT season soon.
main support and resistant levels (assuming targets) are on the chart.
UNI - BULLISHnot triggered within 15 hours o 23 14:55
Uniswap (UNI/USD) Price
Frequency Remains Around $7
It is currently observed the UNI/ USD market transactions have been witnessing some uprisings in their valuation over time above the $6 line as the crypto-economic price frequency remains around the $7 trading level to decide which path to follow afterward between $7.0196605 and $6.8076484.
The percentage rate of the trading pace is at 1.50 negatives.
UNIUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.(update)
Nothing has changed from my last idea,everything is relevant.
Targets: 7.5 - 10 - 12
Main Target zone: 12 - 15$
after first target reached move ur stop to breakeven
Stop: agreesive 4.8, conservative 3.4 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 10
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
UNI/USDT possible re-test to happenHey, guys ✌️
Let's kick this day off with UNI coin here. We see that we had a nice breakout from that triangle formation but price is finding it hard to break the 200EMA line. There is a good chance for a re-test of the upper of the triangle formation which might as well result a breakdown from there.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
UNI/USDT might go for re-testHey, guys ✌️
Next one on our watchlist is going to be UNI/USDT pair. A strong trend has been broken which left behind 100 and 200EMA zones. We see a good chance for this coin we are going for lower levels so let's see what we will end up with here!
P.S we need to wait for entry to be confirmed before entering here!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
UNIUSDT PRICE MOVEMENTUNIUSDT is going to premium area for midterm timeframe
preparation for limit short sell in 7.666
stoploss in 7.871
Take profit in 7.220 - 7.112 - 6.500
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