uniuni technical analysis basically on elliott waves Principles and Priceaction strategy
Uni can be touch 23$
Wait and watch.
UNIUST trade ideas
Uniswap / My view of the currency in the long term I expect that these areas will form a bottom
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UNI Local Long Target $6Market finding some localised support as BTC works towards $17,200.
UNI target is $6, posily higher if it can stay above this 4hr 200 MA.
LTC, Atom should sit around their current price and consolirate while the rest of the market moves up - opportunity to take profits and switch into these in week or so.
Best, HF
Strength of buyers and buying pressureUNI had a good price increase last week. Consecutive ascending candles, each closed above the previous candle, can signify the strength of buyers and buying pressure. A range channel was drawn on the chart in the previous analysis, which we expected to break from the bottom. This happened, but because there was an important support in the range of the previous lows at the price of $5, it prevented further declines and moves as wide as the channel range. The rising wave that broke the resistance of the previous ceiling can change the trend in the 4-hour time frame. So with a high probability in case of price correction, we can expect support in the range of 5.10 to 5.14 dollars and a strong positive reaction from this range. However, closer support is considered in the range of $5.30-$5.38, which is less powerful but highly valid. Short-term targets are also considered in the range of $6.
UniSwap Reaching Upper Trendline of Bullish Flag Soon?Uniswap's RSI value on the 1-day chart of UNI/USDT is 49.91. This indicates that UNI is gaining more market volatility because it is slowly reaching the zone of RSI value between 50 and 70.
The 1Day chart of the UNI 200-day and 50-day Moving Averages is shown above (MA). UNI is now in a negative trend, as seen by the recent downturn. Because the 200-MA is above the 50-MA, we may conclude that the price is negative for long-term investors. But the candlesticks are slowly returning to touch the 50-day MA, meaning that there is a chance of the market showing reversal signs to initiate a bull run.
Currently, UNI has been trading inside a bullish flag for 4 months. According to the nature of the bullish flag, traders and investors can enter the trade after UNI has broken the upper trendline of the bullish flag.
Our long-term UNI price prediction for 2023 is bullish since it cannot break the previous low. If UNI cannot break its current support and bottom, we can expect UNI bulls to reign over the throne and raise UNI’s price to have reached $10.
UNIUSD ❕ downward channelPrice has consolidated under 200EMA (4H TF), broken down 50EMA (1H TF) and is testing 200EMA as support (30m TF).
The RSI chart is in a sellers zone (1H and 30m TFs)
I expect a decline after fixing below the support level.
UNISWAP Big rejection aheadUniswap meets multiple resistances and convergences at the moment.
On the 4h timeframe a clear trend breakdown and retest rejection can be seen.
Negative delta with a cumulative volume delta convergence shows up on the 4h timeframe too so it indicates a red flag.
The previous mentions also meet at the same time the 200 ema which would be a moving resistance at the moment.
And also some bearish convergence on the 4h time frame shows up on the RSI oscillator.
Take advantage on this crash.
(The blue boxed fair value gap could act as a magnet and a potential fakeout into the triangle so recommended to put some limit orders there.)
UNIUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.(update)
Nothing has changed from my last idea,everything is relevant.
I think that we'll see 4.8 - 4.4 zone, it's will be perfect entry who out of pos.
Entry: market and lower
Targets: 7.5 - 10 - 12
Main Target zone: 12 - 15$
after first target reached move ur stop to breakeven
Stop: ~3.3 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Uni / usdt , bullish setup Uni / usdt is now bullish and it can move up 5.5 % in few hours later , because:
Bearish trend line has breaked up
Bullish divergence in rsi is cleared
His big picture is in the support zone
Wedge pattern is completed
UNIUSDT 1D Interval- Resistance and SupportHello everyone, welcome to a review of the UNI to USDT chart on a one-day timeframe. First, we will use the blue lines to mark the downtrend channel in which the price is currently moving.
Next, we can check where the price has support, and here we can see that we are currently in the $5.82 to $4.73 support area. However, if the support is broken and the price starts to fall more strongly, we can see a drop to around $3.32, which is the place of the last price low.
Looking the other way, we will similarly check where the price should break resistance when the downtrend reverses. As we can see, we have the first resistance at $6.82, the second resistance at $7.91, and then we have a strong resistance zone from $8.99 to $10.52.
Please pay attention to the CHOP index, which indicates that the energy is starting to rise strongly. The MACD is getting closer to crossing the red line with the blue line from below, which would confirm the change of the trend to an upward one, while the RSI is moving in the lower range, which may also indicate an upcoming uptrend.
UNIUSD ❕ bounceOn the 4H Timeframe, the TD Sequential indicator has formed an up reversal signal
At 1H Timeframe price is testing 50EMA as resistance
At 30m Timeframe price is fixing above 50EMA
I expect growth in the price of the asset after it has fixed above the resistance level.
#Uniswap is Bullish, Holding Above Critical Support at $5Past Performance of Uniswap
Uniswap is technically bullish, reading from the performance in the daily chart. However, UNI remains under pressure, tightly oscillating around primary support coinciding with the 78.6 percent Fibonacci retracement level of the H2 2022 trade range.
#Uniswap Technical Analysis
Uniswap has primary support at $5, under pressure in the short term, and aligning with bears of early November 2022. As it is, every high below $5.4 and $6.5 presents liquidation opportunities for sellers targeting $5 or worse. This preview is valid because UNI prices are still within the bearish engulfing bars of November 8 and 9. Besides, since then, trading volumes have been lighter, pointing to apprehensive traders waiting for a clear trend definition. A breakout below $5, confirming losses of early November, may see UNI drop to $4.5 and $3.5 in a bearish continuation formation.
What to Expect from #UNI?
The path of least resistance is southwards, despite the rejection of lower prices in the better part of Q3 and 4 2022. As long as prices are above $5, Uniswap may recover, reversing the steep losses of this year.
Resistance level to watch out for: $5.4
Support level to watch out for: $5
Disclaimer: Opinions expressed are not investment advice. Do your research.
UNI 30% short opportunity UNI is currently trading above the 38% support from the tradingrange it developed since the low of mid June 22.
- Supported was already tested 4 times. trading below this would be a serious indication that the total range low will be revisited.(-30% from current price)
- Recently it was rejected at the 62% golden zone.
1,23 extension of the range sits around 2.75USD, something to keep an eye on. (-45% from current price)
trigger would be to if current support is flipped in resistance.
It should play out in one of the 2 scenarios.
Price increase from minor to minorHere the price has hit a major and it is a good opportunity to take a long position in futures
The market has moved from major to minor
The price has broken the minor and has reached the bottom of the minor and is ready to increase the price
UNIIdea: The price is forming a descending triangle. The breakdown of the lower border of the pattern will continue the downtrend and lower the price to the $3.5 support zone.
Uniswap longUniswap bounced off the lower boundary of horizontal channel. Bullish movement to resistance level at 6.15 is possible.
Uniswap OutlookTo put into perspectives, UNI was trading at a discount of 68.6% since the start of the year ($17.00). Over the past three months, UNI has been down by 17.8%. Over the course of four weeks, the price of UNI was essentially unchanged. Since its initial offering ($2.95) back in Sep. 2020, UNI has been trading up by 81.1% though it was still down by 87.8% from its Apr. 2021 height of $43.90.
Going forward, the macro climate will inevitably limit the growth of UNI despite its astounding fundamentals via recent partnerships. In terms of price action behavior, UNI has been rebounding from its 23.6% ($4.94) weekly Fibonacci Retracement level as far back as Jul. 2022, and the last rebound was only yesterday.
Naturally, after the rebound, the target for UNI becomes the 61.8% ($6.01) monthly Fibonacci Retracement level (measured from Nov. 2020 - Apr. 2021), and if we’re able to see the bulls push through, the next target will be the 50% ($6.74) weekly Fibonacci Retracement level (measured from Apr. 04, 2022 - May. 09, 2022). Keep in mind, as mentioned previously, UNI’s growth is capped in the medium term due to macro factors and all coins will inevitably follow the bigger trend.
On the contrary, if the bears manage to drag down UNI below the 23.6% weekly Fibonacci Retracement level of $4.94, then our target becomes $4.34, and then the $3.29.
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Closest support zone: 5.15 - 4.94
Closest resistance zone: 5.29 - 5.50
Key Level: 5.289 (Monthly High of Dec. 2020)
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UNI Resistance zones
1. 5.29 - 5.50
2. 5.87 - 6.01
3. 6.80 - 7.25
UNI Support zones
1. 5.15 - 4.94
2. 4.86 - 4.79
3. 4.51 - 4.34
UNI LONG after SHORTHello, friends, first we have a long trade, after reaching the area of 5.013, our long trade will be opened for 5.432 from that area, we will close our trade and open a short trade, and the targets are clear in the picture.
UNI SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the UNI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
UNIUSDT 4H Interval- Targets and StoplossHello everyone, let's take a look at the 4H UNI to USDT chart as you can see that the price is moving below the uptrend line and we are still below trending as well.
Let's start by setting goals for the near future that we can take into account:
T1 = $5.53
T2 = $5.72
T3 = $5.89
T4 = $6.04
and
T5 = $6.26
Now let's move on to the stop loss in case the market goes down further:
support zone from $5.44 to $5.14
SL2 = $4.28
Looking at the CHOP indicator, we see that the energy is heavily depleted on the 4H interval, the MACD indicates a local downtrend, while the RSI is at the lower end, which could potentially indicate upcoming increases.
