UNIUST trade ideas
UNIUSDTUNIUSDT is trading in strong bullish trend . The price was reacting well the support of inclining trendline.
Currently the price is trading at the apex of the triangle and is about to give the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 6.5
What you guys think of this idea?
UNI/USDT | Uniswap |1D 👀The asset is showing significant movement as it retested its descending channel trajectory, potentially paving the way for a strong bullish trend. It has been following a consistent pattern within a descending channel, encountering resistance recently but now revisiting the channel's upper boundary.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Uniswap. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Uniswap #Investing #UNI
Uniswap(UNI): Rejected From 200EMAUNI had a nice rejection from 200EMA, where the price turned down sharply!
We are looking here for a potential movement towards that support zone while also looking for a potential re-test of that 200 EMA, which might be our next resistance zone.
Swallow Team
$UNI AnalysisFor sure, either up, or down. Depends on the direction it chooses, these are my lines that I am following.
Cup and handle seems to be a strong indication of an up move; however, until it breaks 6.977 resistance and retests the black conventional support line it is all imagination.
We also need a relatively high volume to avoid sideways range and to go on a direction.
One thing that's negative is the divergence in RSI. It shows that the breakout and retest of 6.977 is significantly important.
If it chooses to go down instead, breakout and retest of 5.724 is critical because if you look at the chart on daily timeframe, you may see a head and shoulder formation which can take us 3.836.
Either way, long or short, I wish all of us a happy trading.
-this is my idea, not financial advice.-
UNI has surged from the golden zone and breached the descending
UNI token is currently breaking out of the descending triangle, and we anticipate some positive movement outside the trend. If the current momentum persists, we can expect an upward moment, and we will enter a buy trade when the price breaks to the upside.
Entry Price: 6.222
Stop Loss: 5.583
Take Profit Targets:
TP1: 6.571
TP2: 6.954
TP3: 7.685
TP4: 8.277
UNI/USDT 4H Bullish (Long) Breakout
UNI is now trading around 6.0$. UNI is testing the upper resistance line of the descending triangle. So the Possible scenarios are If the price pumps up and breaks out of the triangle, we can see bullish momentum in it.
Otherwise If the price rejects from the resistance line, the price can move towards the lower support zone of the triangle.
Stay tuned with us for further updates
Long Trade Bitget
Pair: UNIUSDTPERP
24th Jan 2024 - 23.22pm
Bias Short
Structure 4Hr
Entry: 1Hr TF min
Condition - Targeting Zones (supply and demand)
Entry Price: 5.8546
Profit level: 6.1260 (2714PIPS) 4.64%
Stop Level: 5.8262 (284PIPS) 0.49%
www.tradingview.com
Short trade www.tradingview.com
Bitget
Pair: UNIUSDTPERP
22nd Jan 2024 - 8.00pm
Bias Short
Structure 4Hr
Entry: 1Hr TF min
Condition - Targeting Zones (supply and demand). Underlining the mechanical technical strategy
Order blocks/Institutional input (BOS)
Entry Price: 6.0741 (BOS)
Set at institutional input/order block zones
Profit level: 5.7158
Base of the trading range support level (3583PIPS) = 5.9%
Stop Level: 6.1829 (1008PIPS) = 1.79%
RR 3.29
#UNIUSDTUNI analysis of the 4-hour time frame
The price is now 6.02 dollars and it is exactly on our yellow trend line.
If the trend line breaks down, we have the support of $5.5, which is exactly at our 618 Fibonacci. When we can say that we have a downward trend change, the lower support, which is exactly at 78 Fibonacci, will be broken, which in case of our failure will be at the price of 4.46. We will reach the dollar and even lower than that.
The bullish scenario should be supported from this point and go up to the resistance of 6.56.
Technical analyst: Amir Hassan Salek
UNIUSDT - BULLISH OUTLOOKUNIUSDT is displaying a bullish divergence on the 1-hour (1H) time frame, indicating the potential for a bullish reversal. This divergence suggests a deceleration of the prevailing downtrend and a potential shift in momentum towards an upward movement.
For traders considering a position, the following trading strategy is proposed:
Entry: Contemplate initiating a long position using a Buy Stop order at the price level of 6.40.
Stop Loss (SL): Implement a risk management Stop Loss order at 6.00.
Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio:
TP1 = 6.80
TP2 = 7.20
This trading strategy aims to capitalize on the anticipated bullish reversal. However, it's imperative to closely monitor the market for any changes in price action and be prepared to adjust the strategy accordingly.
UNIUSDT: BULLISH TRENDUNIUSDT.P is in bullish trend, recently it's break the privious LHs and forming HHs and HLs, so we wait for to break out of the new HHs to conform the bullish trend and take new long entry on the break of the HHs.
UNI/USDTThe coin shows dynamic consolidation. I won't complicate things with my comment; everything is clearly and distinctly shown on the chart.
UNIUSDT - Bullish momentum to continueAfter a bearish rally (LL LH), BINANCE:UNIUSDT has finally printed a higher high. This higher high is further supported by the presence of bullish divergence on the 4 hr chart. Expecting price to continue the bullish momentum and create higher highs and higher lows!
#UNIIn time H2, it is moving in an ascending channel, which can move again to the supply area at the bottom of the channel in a corner pattern after exiting the density and pullback to the area. In time h2, there is an upward movement, but in the higher time h4, it is still not confirmed. So wait for this failure to occur and enter the buy transaction in pullback.
UNIUSDT LONGAs you see we are waiting for long position 6.10 point as opt. trade entry level,our target will be imbalance level at 7.25.We are planning to get 2.6 R at this position.Good luck everyone
$UNI performing Falling wedge in 1w TF Keep eyes on it breakout done Falling wedge in 1w TF
Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow:
1. **Identify the Falling Wedge:**
- Look for a downtrend in the price movement.
- Identify converging trendlines where the upper trendline (resistance) slopes down at a steeper angle than the lower trendline (support).
- The pattern resembles a wedge pointing downwards.
2. **Confirm the Falling Wedge:**
- Confirm the pattern using other technical indicators like volume. Ideally, during the formation of a falling wedge, the trading volume should decrease.
3. **Wait for Breakout:**
- Patiently wait for a breakout to occur. Breakout refers to the point where the price moves above the upper trendline of the falling wedge.
- The breakout should ideally be accompanied by a noticeable increase in trading volume, confirming the strength of the breakout.
4. **Entry Point:**
- Enter a long (buy) position as soon as the price breaks above the upper trendline.
- Some traders prefer to wait for a confirmed close above the upper trendline to reduce the risk of false breakouts.
5. **Stop-Loss Placement:**
- Set a stop-loss order below the lower trendline or a recent swing low. This helps limit potential losses in case the breakout fails and the price moves back into the wedge.
6. **Target Price:**
- Determine a target price based on the height of the wedge. Measure the distance from the widest part of the wedge to the starting point of the wedge and project that distance upwards from the breakout point.
7. **Risk Management:**
- Consider your risk tolerance and position size to manage your risk effectively. The risk-reward ratio should be favorable.
8. **Monitoring the Trade:**
- Keep an eye on the trade to ensure that the price continues to move in the expected direction. Use technical analysis and other indicators to guide your decisions.
9. **Profit-Taking:**
- Once the price reaches your target, consider taking profits. You can also use trailing stop-loss orders to lock in profits as the price moves in your favor.
10. **Adapt to Market Conditions:**
- Be adaptable and monitor market conditions. If the breakout does not follow through as expected, be prepared to exit the trade with a manageable loss.
Remember that trading always involves risks, and it's crucial to have a well-thought-out strategy, risk management plan, and the discipline to stick to your plan.
UNI Swings from Imbalance to Imbalance on the Weekly Chart! The UNI token has displayed a pattern of oscillating between periods of imbalance on the weekly chart, providing unique opportunities for traders. Understanding these imbalances and their impact on price movements is crucial for strategic decision-making.
Key Concepts:
Imbalance Defined:
Imbalance in trading refers to a situation where there is a significant disparity between supply and demand at a particular price level.
Imbalances are often visible on the chart as sharp price movements or consolidation zones.
Navigating Price Swings:
UNI has demonstrated a tendency to move dynamically from one imbalance point to another.
Identifying and analyzing these points of imbalance becomes pivotal for traders seeking strategic entry and exit positions.
Detailed Analysis:
Imbalance at $8:
The rally in UNI's price faced resistance at the $8 level, representing a notable imbalance in supply and demand.
This imbalance acted as a barrier, triggering a corrective move as the market sought equilibrium.
Correction and Retest at $5.8:
Following the imbalance at $8, UNI experienced a correction, driving prices down to $5.8.
The subsequent retest of this level served as a confirmation of the market's attempt to regain balance.
Next Imbalance Level at $12.6:
The upcoming imbalance level at $12.6 emerges as a potential target for UNI's price action.
Traders should monitor this level closely for signs of renewed supply and demand dynamics.
Trading Strategies:
Imbalance Strategies:
Traders can capitalize on imbalances by strategically entering positions when prices approach these levels.
Recognizing the potential for reversals or extended trends during periods of imbalance is key.
Risk Management:
Imbalance trading requires a robust risk management strategy.
Setting stop-loss orders and having exit plans in place is crucial to navigate potential price reversals.
Conclusion: Navigating UNI's Path from Imbalance to Imbalance
Understanding the recurrent pattern of UNI's price movements from one imbalance to another provides traders with valuable insights. By identifying these key levels and implementing strategic entry and exit plans, traders can navigate UNI's market dynamics effectively.
🔄 Imbalance Dynamics | 📉 Correction and Retest | 📈 Next Imbalance Level
💬 Share your thoughts on UNI's imbalance-driven price swings and your approach to trading these dynamics! 🌐✨
🔄 UNI: Unveiling Market Fractals! Insight🔄Analyzing UNI's historical price action reveals intriguing fractal patterns, particularly within the context of bullish wedges. A closer examination of these fractals provides valuable insights for potential trading strategies.
📉 Technical Analysis:
🔄 Understanding Fractals:
Fractals, repeating geometric patterns, manifest in financial markets, signaling a resemblance in market behavior across different time frames. UNI exhibits a notable bullish wedge, mirroring patterns from its trading history.
📚 Historical Recap - 2021 Bearish Trend:
Reflecting on 2021, UNI initiated a bearish trend marked by a deceptive breakout from a short-term bearish wedge. The subsequent downturn became a reference point for understanding the current market dynamics.
📈 Trading Dynamics:
🔄 Repetition of Fractal Dynamics:
The present scenario unfolds a larger bullish wedge, characterized by a recent sweep from the top, resembling the 2021 pattern. This could imply a potential repetition of historical price movements.
📉 Anticipated Price Action:
Expectations center around a retest of the lower boundary of the wedge, aligning with historical fractal behaviors. Following this retest, a potential upward movement toward the $20 level becomes a plausible scenario.
🔮 Future Implications:
Understanding and leveraging fractal patterns provide a strategic advantage, allowing traders to anticipate potential market movements based on historical resemblances.
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$UNI Looks Good Here!If You have missed the whole rally its still not too late. You can join me here with BME:UNI
Entry: 6.22
Tp1: 6.64
Tp2: 6.92
Tp3: 7.22
SL: 5.52
UNISWAP Analysis @Gunshot321Hello Traders
Uniswap looks like a positive buy post the consolidation since 2022, if breakout sustains targets have been marked for longterm hodlers.
Expectation of $3600 if whales do enter to grab the opportunity.
Look out for volumes in the upcoming months.
Best Regards
⚡️UNIUSDT CMC TRADING ⚡️ DEMAND AND BREAKOUTUNIUSDT has validated a breakout from both a bearish channel and a bullish flag, occurring above a crucial demand level identified on the 15-minute timeframe. This indicates an anticipated upward rally, serving as a correction to the preceding sell-off.
