UNIUSDT trade ideas
Uniswap (UNI) 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Uniswap ( UNI ) UPDATE:- uniswap (UNI) was one of Friday’s biggest losers, as prices fell by nearly 8%.
UNI/USD, which rose to a peak of $6.49 during yesterday’s session, slipped to a low of $5.85 earlier today.
As a result of today’s sell-off, uniswap fell below a key support point of $5.95, hitting its lowest point since October 13 in the process.
Friday’s decline in price has also pushed the RSI to a floor of 42.30, which is the weakest point for the index in the last ten days.
Currently, uniswap has rebounded from its earlier lows, and as of writing is trading at $5.95.
This shows a level of bullish momentum still remains in the market, despite prices now falling for a second consecutive session.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Uni Will Dump Moreas you can see Uni is rejected its supply zone daily and also broken dynamic support, it seems in 1h engulfing is happening, it shows more dump is on the way,
my chart is clear, focus on that you will get everything...
I consider all analyses performed in relation to that trade position.
Our analysis is not a buy or sell referral.
If you found our analysis useful and interesting, feel free to share it so that more individuals might benefit from it.
And please don't forget to like and comment; we will read them all.
UNI POTENTIAL SELL SET UPAfter Uni took liquidity on our demand orderblock at $5.5-5.7 and long position is up 13% on 1x, will be looking at the reaction at $6.85 for a possible sell, will ladder orders between 6.85-$7 and cut profits down to $6, if it doesnt play out, will cut at $7.2, all risk involved is less than 5% and traders advised to manage risk and not use more than 5-7x as leverage, also not more than portfolio risk size, also reminder that our previous long is up 13% already. so RR is good.......
UNIUSDT 4H Time Frame.As can be seen, in the 4-hour time frame, the price is completing the correction. According to Elliott's theory, we are now in wave 3 of this correction, and if all five waves of this correction are completed, a buying position can be taken in the price range of $5.5 to $5.56. .
Thank you very much for your attention.
UNİ⚡⚡ #UNİ/USDT ⚡⚡
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Cross (20X)
Entry Zone:
1) 6.07
2) 5.96
3)
Take-Profit Targets:
1) 6.28
2) 6.43
3) 6.54
4) 6.66
Stop Targets:
1) 5.79
Trailing Configuration:
Entry: Percentage (0.5%)
Take-Profit: Percentage (0.5%)
Stop: Moving Target -
Trigger: Target (1)
UNIUSDTHello Dear friends
In the four-hour period, the negative divergence of the RSI has been issued to us, but we do not have another signal to form a corrective trend!
And as long as the upward trend line is maintained and the movement trend is not placed below the price range of $6.39, the probability of breaking the resistance range of $7.25 is high.
We would be happy to hear your comments