UNIUSDT BULLTRAP OR UPWARD CONTINUATION ?
Hello Traders,
Please feel free to like my idea or even comment :)
- UNI broke above the local resistance at 6.10$ which completed a bullish inverse head and shoulders pattern. The bears tried to push the price back below the breakout level and they succeed pushing the price below again
suggesting that we were into a bull trap. Price fell towards EMA20 of 5.39$ yet price action bounced back with strength ( aggressive buying ) respecting as well our trendline support. Buyers should take the price above 6.10$ in order to
pick the momentum and reach the nearest resistance level on 6.80$
- If price got weakened and fall below EMA20 and EMA50 it suggests that buyers couldnt bring up the momentum and they are losing control, failing to make a new higher low also by breaking the trendline support, price could fall again
towards support level of 4.00$ - 4.50$
Good Luck Traders
UNIUSDT trade ideas
UNIUSDT is inside an ascending channel 🦐UNIUSDT on the 4h chart is trading inside an ascending channel.
The price is now testing the 4h support and might provide a deeper bearish move.
How can i approach this scenario?
I will wait for a clear break of the support and in that case, i will search for a nice short order according to the Plancton's strategy rules.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
uniusdt short TAuniusdt potential short formation
Uniswap is a cryptocurrency exchange which uses a decentralized network protocol. Uniswap is also the name of the company that initially built the Uniswap protocol. The protocol facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of sma
UNIUSDT Chart AnalysisWell how to start !! Everything is in green from the past few days so as UNI, it's in nice uptrend heading towards the resistance which is at around 6% above from here ( Resistance at $8.146).
Currently it's in middle of the river, so what to do now? IMO as $BTC is testing it's breakout zone, I see no reason to be bearish for short term atleast it doesn't mean that I'm suggesting you to go long here, you can trade UNI if you want but make sure you ready to take big risk cause may be the local support zone at $7.3 may hold but don't trade based on the expectations. Let the market to tell us what we need to do.
So what's next? My suggestion is to let it come to one of our zones, may be retracement towards $7.31 price zone, I'll update if I observe high interest there, with respect that you can plan your trade.
What if it headed towards straight away towards resistance well then we can observe again and based on the appearing interest at that time let's decide whether we have to be on long side or short side. See guys no need to rush planning is everything.
Disclaimer : Anything provided here are only my opinions and ideas. I am not giving any financial advices, trade at your risk.
Uniswap Looks Really Strong (150% Easy Target)This is a very strong chart we have for Uniswap (UNIUSDT).
We can see a long-term higher low.
Nov. 2020 vs Jun. 2022.
The 13-June weekly candle ended in a Dragonfly Doji with the highest bull/green volume ever.
Last week UNIUSDT closed above EMA10.
The RSI moved above 40 (strong on the weekly).
Finally, we have a falling wedge pattern already breaking bullish...
All that is left is for prices to grow.
Below $3.30 is the stop.
And the targets/resistance levels can be found on the chart.
Namaste.
UNI: The Crypto Market Is Pricing In Rate Cuts NOW Recent price action for UNI leads us to believe the cryptocurrency market is pricing in rate cuts now . Cryptocurrency and bond markets are very forward thinking . Therefore, it seems that crypto prices are looking beyond July's expected 100 bp rate hike, and extrapolating that this means the Fed will have to cut rates during the second half of 2022.
Accordingly, we believe this reframing process can power UNI to reach $9 - $12 by August.
Furthermore, with the recent liquidity issues among centralized entities (such as Celsius, Voyager, and others), there is now INCREASED demand for decentralized, transparent, and functional protocols. Alongside Uniswap, other DeFi names we expect to perform in the coming months include AAVE, CRV, MKR, COMP, and SNX.
We're also watching MATIC and SAND closely, as the metaverse represents another forward-thinking sector that can benefit from a near-term bullish shift in sentiment.
UNI Daily Trade Setup>>>>>>>>>>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
In the case of close above broken upside channel in Daily-T frame,
We can entry long trade setup>>>>>>>>>
Short term support & resistance's marked on the chart.
TP"s marked clear on the chartm
if this scenario proved.
This is not financial advise.
PLZ DYOR
With hopping success>>>>>>
#UNI (Uniswap) 7 / 2022 Watchlist!#UNI maybe worth it to add this coin to your Watchlist. 👀
(Share it with your friends)
Major support located around $4.5/$4 showing classic pattern H&S as well, looks good to average with a small investment.
our view will fail once UNI breakdown $4 and BTC breakdown $15K with a weekly close below it!
Remember Alts are totally rekt during bearish cycle they always do -92 -95 -99% so be sure to follow risk management.
#DYOR
Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, borrowing, and lending, etc.
This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to make your own research and follow risk management.
The Cryptocurrency market is very volatile and involves gains and losses, so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort so it subject to success or failure.
Good luck to All.
🙏we ask Allah reconcile and repay🙏
Uni 3L buyCaveat Emptor /
#know your waiting period
#know your limit
#know your reasoning for entry - not comfortable with candle signal/no entry
Improve your think flow = improve on profitability.
All the best.
Not a guru.
From my land of sunshine, Malaysia.
Hi to my fellow friendly neighbor : Indonesia
Uniswap Looks Much Better Based On Moving Averages (85%) If you have been reading the other charts/trade ideas that we share, you can easily appreciate that prices are either trading below EMA10 or just challenging it and if the chart looks good we can see it above EMA10 and sometimes above EMA50.
Now, let's have a look at Uniswap vs Tether (UNIUSDT).
See how EMA50 ($5.53) is already far behind as Uniswap moves above EMA100 ($6.55).
EMA100 is the level at which we saw a rejection back in April.
Another rejection happened 9-July and today we see a candle breaking above.
Confirmation only comes in less than 2 hours when the daily candle closes.
A close above this level, can lead to 80%+, short-term.
Mid/Long-term there can be more.
Namaste.
Best unicorn - Dead unicorn🦄 Reasons to take long:
⭐️ Volume appeared
⭐️ Trendline is 24 days old
⭐️ Trendline is clean
⭐️ We are in the end of formation
⭐️ Slowly squeezing local level
⭐️ Volume entered the coin
⭐️ 46 ATR
⭐️ Under VWAP
Scenario will be invalidated if coin squeezes to trendline. Then it would be wise take short
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones