UNIUST trade ideas
📊#UNI A buying area worthy of attention👀🧠Our double bottom structure was established after a successful breakout of the inflection point. A sharp correction followed, with a good reaction after hitting the buy zone. The substantial correction corresponds to the adjustment of the daily K level. If we go stronger, we should have good performance in the near future.☕️
⚠️Note that technical analysis is for reference only, don’t forget risk management. If you find it useful, please don’t forget to follow, like and share my analysis post📤
UNI/USDT | 1d 👀1. Promising and robust outlook. Aiming for the range highs.
2. Impressive trend line support, fellow traders. Now, a push to $9.00 is essential for reclaiming and securing the entry. Exercise caution for a safe play.
✅ 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 #Trading #UNI
$UNI shaked it out to PUMP!UNI has completed phase D in the re-accumulation rhythm to be able to continue flying higher. The price has reached Fib 0.618 measured in upward momentum from $4.83 to the peak of $7, then sideway accumulated in a narrow price margin of about 10%. Along with the price correction of CRYPTOCAP:BTC , BME:UNI had a shake-out when the price pedaled to the $5.7 zone before returning to the TR zone above $5.9.
This is a clear re-accumulation preparing for a strong wave of increase from $UNI!
Let's board, guys!
Breakout Is About To Happen👉 There Is Strong Support Area Located At 5.9$ Area And The Price Exactly Bounced From This Level And Currently Trading Below The 6.25$ Resistance Zone ,I Expect a Breakout From The Trend Line And Move To The 0.618 To 0.786 Fibonacci Zone Aa a Next Target
📥 Target Area Is 6.6$ To 6.8$
UNI/USDT upward momentum? 👀 🚀 UNI Today analysis💎Paradisers, UNIUSDT has recently shown a notable market movement. After facing rejection from a supply level, it's poised for a potential bullish shift from its current demand level.
💎UNI has consistently adhered to a descending channel pattern, breaking above it to initiate upward trends. Currently, after being rejected from the supply level at 5.646, UNI is regaining bullish momentum.
💎This resurgence is accompanied by an increase in buying side liquidity, indicating a strong likelihood of a bullish move. In this scenario, the interplay of probabilities and mathematics becomes crucial, offering a clear view of the risk-reward landscape for investors.
💎 There's also a possibility that if UNI fails to maintain its stance at the current demand level and breaks below, it might seek a bullish continuation from a lower demand level at 4.406. Should it breach this level, a significant downward trend could be triggered.
💎 This analysis underscores the importance of monitoring key levels and market trends for strategic trading decisions in the dynamic crypto market.
UNI, LINK ☀️ 24Hrs Upside Potential; BTC ☁️🐻, Rebound In 1 WeekBearish clouds ☁️🐻 linger over the global crypto market in the next 24 hours, indicating that profit-taking lies ahead. However, Uniswap and Chainlink have upside potential, ATTMO shows. ☀️
Over a one-week horizon 📅, the bearish trend will continue to weigh on Ether, Litecoin, Ripple’s XRP, Cardano, and Polygon ☁️🐻. As for Bitcoin, a strong sun ☀️, signaling very bullish trading conditions, will shine over the crypto token. The sun ☀️, although less bullish, will also shine over Binance Coin, Avalanche, and Dogecoin.
Follow us for more crypto weather reports!
UNI/USDT Break the pattern. Bullish Momentum for Uniswap ????💎 UNI has certainly made a significant impact on the market's attention. It has managed to break out from a descending channel, marked by a strong green candle, signaling a bullish turn. Currently, UNI is at a critical juncture, facing a resistance area.
💎 If UNI is unable to breach this resistance, it may retreat to a demand area at $4.520 for a retest, as it has not yet undergone a retesting phase since the breakout. Conversely, if UNI can pierce through the resistance area, it may probability progress towards the target supply zone and beyond.
💎 Should UNI not sustain the demand at $4.520 and the level gives way, it would suggest a false breakout and a bearish indicator, potentially leading UNI to descend and probe the next lower demand zone.
UNI/USDT Anticipating a Bullish Surge? 👀 🚀UNI Today Analysis💎 Paradisers, get ready for a potentially thrilling opportunity with #UNIUSDT. The asset is currently making a notable move, having successfully retested its descending channel trajectory, setting the stage for a probable robust bullish movement.
💎 #UNISWAP has been consistently adhering to a descending channel pattern. Recently, it experienced a rejection at resistance and is now re-engaging with the channel's resistance. A key point to watch is the resistance level at $6.608. A breakthrough here could significantly increase the likelihood of a strong bullish movement, aiming to surpass the formidable resistance at $9.463.
💎 However, in the unpredictable world of cryptocurrency trading, it’s crucial to consider alternative scenarios. Should UNI falter in maintaining its upward momentum, the next focus could be on a bullish continuation from the support level of $5.734. A break below this level might lead to a substantial downward movement. 🌴💰
Crypto101 - How to Make Money with DeFiHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher.
If you’ve been following me on TradingView for a while, you’ll now that I’m a believer – a believer in the promise of blockchain. One of the principals of this promise is to move away from centrally controlled banking systems. This would eventually include the act of saving and earning interest for the money that you leave in the capable hands of your banker (who also gets to decide whether or not you qualify for loans). Currently, you need to give up all of your personal information to open a bank account and furthermore you are seriously undercut in the returns / interest rate that you will be receiving (to name only two of many problems with the system). For example, where I reside, the most common interest on a savings account is 5% annually, whereas the interest on your credit card is 19.5% annually.
Before we continue, familiarize yourself with these Key Terms:
TVL – Total Value Locked in the platform
DEX - A decentralized exchange. Peer-to-peer marketplace where transactions occur directly between crypto traders like Coinbase and Binance
Blockchain – A unique way of coding that is open for anyone to use, many believe that web3 will be built on top this kind of coding
DeFi – Decentralized Finance such as cryptocurrencies and stablecoins
dApp – Software like apps that work on the basis of blockchain code and thus apps that accommodate cryptocurrency such as UniSwap and NFT Market places
LP tokens - New liquidity pool tokens. LP tokens represent a crypto liquidity provider's share of a pool, and the crypto liquidity provider remains entirely in control of the token. For example, if you contribute $10 USD worth of assets to a Balancer pool that has a total worth of $100, you would receive 10% of that pool's LP tokens.
APY - Annual Percentage Yield, think of it as yearly interest in percentage
Smart Contracts — Electronic, digital contracts coded to integrate with dApps. Automated financial agreements between two or more parties once the pre-determined terms of the contract is reached
With the rise of Blockchain, Crypto and then Decentralized apps, yield farming was born to address some of the banking system's limits. Or at least, that would be in the perfect world. Yield farming is the process of using DeFi to maximize returns. Users lend or borrow crypto on a DeFi platform and earn cryptocurrency in return for their services. This works for both parties, because yield farmers provide liquidity to various token pairs and you earn rewards in cryptocurrencies. However, yield farming can be a risky practice due to price volatility, rug pulls, smart contract hacks etc.
Yield farming allows investors to earn interest which is called ‘yield’ by putting coins or tokens in a dApp, which is an application (coded software) that integrates with blockchain code. Examples of dApps include crypto wallets, exchanges and many more. Yield farmers generally use decentralized exchanges (DEXs) to lend, borrow or stake coins to earn interest and speculate on price swings. Yield farming across DeFi is facilitated by smart contracts.
Let’s take a closer look at the different types of yield farming:
Liquidity provider: You deposit two coins to a DEX to provide trading liquidity. Exchanges charge a small fee to swap the two tokens which is paid to liquidity providers. This fee can sometimes be paid in new liquidity pool (LP) tokens.
Lending: Coin or token holders can lend crypto to borrowers through a smart contract and earn yield from interest paid on the loan.
Borrowing: Farmers can use one token as collateral and receive a loan of another. Users can then farm yield with the borrowed coins. This way, the farmer keeps their initial holding, which may increase in value over time, while also earning yield on their borrowed coins.
Staking: There are two forms of staking in the world of DeFi. The main form is on proof-of-stake blockchains, where a user is paid interest to pledge their tokens to the network to provide security. The second is to stake LP tokens earned from supplying a DEX with liquidity. This allows users to earn yield twice, as they are paid for supplying liquidity in LP tokens which they can then stake to earn more yield.
Yield farmers who want to increase their yield output can also use more complex tactics. For example, yield farmers can constantly shift their cryptos between multiple loan platforms to optimize their gains. Pro Tip: Use a High-Speed, Anonymous VPN. This lets you securely access the internet in an untraceable way. If you’re a cryptocurrency trader, you may want to remain anonymous or mask your IP address to another location.
With all of the above mentioned, the first step would be to determine your needs or interests and thereafter, opening an account or accounts. A few popular places to start exploring include:
1. Quint – Voted one of the best yield farming crypto platforms for 2022
2. Uniswap - Second-largest decentralized exchange (DEX) behind Curve Finance
3. YouHodler – Worldwide Exchange with yield farming
4. eToro – Regulated platform offering crypto interest tools
5. Crypto.com – Great platform for earning a high APY on Stablecoins
6. BlockFi – Popular Platform for Bitcoin yields. BlockFi was one of the first platforms to launch its own crypto credit card. The BlockFi Rewards Visa Signature Credit Card earns up to 2% back in the cryptocurrency of your choice and doesn't charge an annual fee
7. Coinbase – Top-Rated yield-generating platform for beginners
8. DeFi Swap – Overall best DeFi yield farming platform 2022 , earning up to 75% APY on DeFi coins
9. AQRU – Voted one of the best crypto Yield farming platforms for 2022
10. Aave - Reigning DeFi king in terms of total value locked
Note that the above is in no specific order. On the chart, you will see some fast facts on some of the options that these platforms offer. This is also not a shill, and I am not currently participating in any of the above mentioned. This is just intended as an easy introduction to another branch of what the world of Blockchain and DeFi has to offer.
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CryptoCheck
Uniswap Coin (UNI): Might Drop Towards FVG Zones - (18% DROP)The middle line of the Bollinger Bands and recent lows serve as markers for the support zone, which puts traders on edge. A decisive break below this area, confirmed by a sustained move below the middle Bollinger Band, could lead to a test of the lower FVG zones.
We should watch for a retest of the support level; a failure to reclaim this zone may intensify selling pressure, propelling the price towards the lower FVG around $5.28. A break and retest scenario will be critical for confirming a bearish outlook and potentially offering a strategic entry for short positions. Conversely, a bounce from current levels could delay the bearish forecast, but the resistance zone overhead remains a significant barrier to any upward movements.
Key Demand ZoneUNI has recently interacted with a significant supply zone, a region it has encountered before, leading to a downward pressure on its price.
This engagement has effectively curtailed any upward momentum in the price. However, it's important to note a key demand zone situated at the $5 level, which holds potential to reverse the downward trend and catalyze an upward price movement.
This demand zone is particularly robust in the daily timeframe, suggesting it could be a critical factor in preventing further depreciation in Uniswap’s price.
This analysis is for informational purposes only and should not be considered as financial advice.
Uniswap Price Movement to the DownsideBlended fractal movements into the assumed narrative that price after recently taking out a liquidity point will retrace to the downside over the next few days.
Considering also the impact of the next steps in the overall crackdown on centralised and decentralised exchanges and believing the GDP Growth Rate would come in much lower than expected, investors are prone to become more risk adverse leading to a sell off across the whole industry.
Remember to DYOA