UNIUST trade ideas
UNIUSDT Idea | UNISWAP vs TETHERBINANCE:UNIUSDT
UNIUSD - UNISWAP | UNIUSDT
โ ๏ธ๐จ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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Please write any advice or suggestions.
Finally Breakout above the Descending Trend Line | New CycleWeekly Chart
UniSwap BINANCE:UNIUSDT was under the descending trend line, you can see that on Weekly Chart
Daily Chart
Last week, Uniswap has broken out resistance and now it's trading at 6.42x
Uniswap has support zones around 6.1
Wait a retest and join Defi's trend
Uniswap UNI price price is accelerating, how long will it last?It seems that in early June, the UNIUSDT price did manage to break out of the prolonged downward trend.
Well, we're keeping our fingers crossed that buyers will be able to accelerate the growth even more. Buyers have a "difficult path" ahead of them, as there are strong liquid zones above, where there will be many people willing to sell their UNI, which is lying around in their crypto portfolio and weighing it down with its price drop.
The first critical level from above is $7.50. This is where the first "serious struggle" between buyers and sellers will begin. The outcome of the battle will determine which route the UNIUSD price will take next - white or blue.
One way or another, the medium-term target, where we believe the price of the Uniswap token will sooner or later reach, is in the range of $12.25-13
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UNIUSDT is at its support levelHello everyone! Let's return to the review of ordinary coins. UNIUSDT has a pretty good and readable graph. There was recently an idea for this coin, where we achieved all the goals. Therefore, now there will be an addition to the idea. The coin still follows its support - an inclined line. The price does not update the minimums, it goes up the ladder. At the moment, the coin is on its support - 5.7. From this value, the coin should walk to its next resistance at 6.4.
UNIUSDT Bearish Divergence 1H and 4H๐จ๐ Alert to Crypto Traders ๐๐จ
๐ #UNIUSDT #BullishTrend #BearishDivergence ๐
Crypto community, pay attention to UNIUSDT! ๐๐
๐ The overall trend for UNIUSDT in the 1-hour and 4-hour time frames remains BULLISH, forming Higher Highs (HH) and Higher Lows (HL). ๐๐๐
๐จ However, we've spotted a concerning sign: #BearishDivergence on the Momentum Indicator RSI. ๐ RSI is showing Lower Highs (LH) and Lower Lows (LL) despite the price making higher moves. ๐๐
๐ This bearish divergence can be an early warning signal of a potential trend reversal or correction. ๐๐
๐ Trade Recommendation:
๐ Keep a close eye on UNIUSDT's price action and RSI movements.
๐ Consider tightening stop-loss levels or reducing position sizes to manage risk effectively.
๐ Exercise caution when opening new long positions, as the bearish divergence could lead to a pullback.
๐ Remember, successful trading involves understanding both bullish and bearish signals to make informed decisions. ๐ง ๐ก
๐ก๏ธ Trade responsibly and stay updated with market trends! ๐๐
#CryptoTrading #TechnicalAnalysis #RSIDivergence #TradeSmart #RiskManagement #MarketAnalysis
Disclaimer: This analysis is for informational purposes only and not financial advice. Cryptocurrency trading carries risks, and past performance does not guarantee future results. Always do your research and consult with a professional financial advisor before making trading decisions.
UNIUSDT: Potential Trend Reversal Amidst Breakout and Bounce.๐Recently, #UNIUSDT successfully broke out of the descending channel and surpassed the supply zone, confirming a shift in market dynamics. Subsequently, the price underwent a correction and achieved a clean bounce off the 61.8% Fibonacci support level, indicating a potential shift in the trend from bearish to bullish.
๐Currently, #UNI is positioned within the demand zone, which serves as a crucial starting point for the next upward swing and potentially significant price increase. To assess the potential upside, we turn to the Volume Profile and Fibonacci indicators, which highlight three key resistance levels to monitor. The nearest resistance lies approximately 20% above the demand level, while the final resistance is situated around 35% higher.
๐However, the realization of these gains hinges on the avoidance of a new lower low, specifically, a daily close below the critical support level at $4.74. It is important to note that the market may enter a consolidation phase, characterized by range-trading, lasting for another week or longer. While the probability favors an eventual upside move, Paradise Club Members must remain patient.
Uni Buy SetupMy Study On Uni.
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