UNIUST trade ideas
#UNI/USDT 4h Bullish Descending WedgeHello, everyone!
We have a descending wedge pattern in front of us, which traditionally resolves to the upside. Currently, there has been a bounce off the Alligator's jaw, indicating a likelihood of a second touch on the wedge's support with a fresh test of the lows.
After this retest, there is potential for a breakout from the wedge by capturing a pool of trend liquidity from above.
Good luck with your trades!
UNI/USDT We want to see further drop but before that.....Hey brother and sisters ๐
UNI coin caught our attention here with a nice potential for small bullish movement here! We see that EMAs are left behind and RSI has already shown us some nice recovery!
We are waiting for price to be a little bullish here before further drop!
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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 Hey traders ๐
UNI coin is starter of the day today with a nice potential for a breakdown to happen soon here. We see that candle movement here getting slowly surpassed by bears where after some nice bullish movement price has some struggles to continue the same movement here.
We are looking for a conformational breakdown from EMAs which will lead the price to have bigger drop! The key here is wait and just wait....
Waiting and keeping eyes opened!
Have a great start of the day
Swallow Team
P.S - If you like ideas provided by our team you can show us your support by liking and commenting.
UNI/USDT Sharp Trend = Sharp FallHey traders ๐
Let's kick off this day with UNI coin where we see a nice potential for a breakdown to happen soon. We see that price has been going for that bullish trend here but at the same time it has many struggles to reach that upper side of that trend meaning the volume is getting weaker and weaker.
Now we are waiting for that momentum for price show some more weakness and break down from lines of EMAs
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.
Uniswap intraday 4H, Elliott wave countAfter 5 waves to the upside expecting a correction for wave 2 that may keep the prior 4th wave pivot and than to continue up with a 3rd wave.
Future updates will be posted as updates to this count.
Daily intraday updates on 1H and 4H time frame, don`t miss them!!
Good luck!
UNIUSDTThe conditions of the BINANCE:UNIUSDT are as follows:
Over the past 50 days, we have witnessed an uninterrupted 85% price growth.
Most of the resistance lines we assumed for UNI turned out to be weak, and the price easily surpassed them.
However, now we are approaching the 0.786 Fibonacci retracement level, which is located at a price of $6.75. In my opinion, this point, or $7, could potentially lead the price back to $6, and then $5.30.
At the $6 price point, we have strong support. However, between $5.80 and $5.35, there is a fear value gap(FVG), which could guide the price to those points and cause a price drop.
Also, in the 4-hour timeframe, we are witnessing a divergence in the RSI (Relative Strength Index) indicator, which can be an initial signal of a trend reversal.
But we need to wait and see how the market reacts to the $6.75 price level.
Ultimately, everything depends on the overall market conditions.
$UNI Updated Idea / Different POVUpdated BME:UNI short idea from earlier.
Set the Monday Range -- High, Low, Mid.
Monday's High got taken out, if we break below the mid I expect Monday's Low to get taken out next.
Shaved a little off from my entry at $5.35 & moved stops to breakeven.
Invalidation = Clean break above $5.38.
From Support to Surge: A Look at #UNIUSDT's Ascending Channel๐ Paradisers, the mid-term price action for #UNIUDT remains optimistic, as we continue to observe a pattern of higher highs and higher lows. What's more, #UNI has recently retested and rejected the vital demand zone near $5.7 for the third time in a row. It's evident that the bulls are holding their ground, and this could lead to a powerful surge shortly.
๐ We must also consider the bounce off the 50% Fibonacci retracement level, intriguingly situated right in the supply/demand area. Furthermore, #UNI continues to trade above the 200 Simple Moving Average on the 4H timeframe, once again displaying its bullish intentions.
๐ In terms of immediate resistance, the peak of the ascending channel could be the first area for profit-taking. However, if the price breaks above the channel with robust buying pressure, we could witness a much more potent trend in the upcoming weeks.
๐ Of course, this bullish outlook would be negated if the bulls fail to defend the demand zone, but as of now, #UNI appears quite bullish. Stay tuned for more updates and happy trading, Ladies and Gentlemen of ParadiseClub!