UNIUST trade ideas
Uni Will Dump Moreas you can see Uni is rejected its supply zone daily and also broken dynamic support, it seems in 1h engulfing is happening, it shows more dump is on the way,
my chart is clear, focus on that you will get everything...
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UNI POTENTIAL SELL SET UPAfter Uni took liquidity on our demand orderblock at $5.5-5.7 and long position is up 13% on 1x, will be looking at the reaction at $6.85 for a possible sell, will ladder orders between 6.85-$7 and cut profits down to $6, if it doesnt play out, will cut at $7.2, all risk involved is less than 5% and traders advised to manage risk and not use more than 5-7x as leverage, also not more than portfolio risk size, also reminder that our previous long is up 13% already. so RR is good.......
UNIUSDT 4H Time Frame.As can be seen, in the 4-hour time frame, the price is completing the correction. According to Elliott's theory, we are now in wave 3 of this correction, and if all five waves of this correction are completed, a buying position can be taken in the price range of $5.5 to $5.56. .
Thank you very much for your attention.
UNİ⚡⚡ #UNİ/USDT ⚡⚡
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Cross (20X)
Entry Zone:
1) 6.07
2) 5.96
3)
Take-Profit Targets:
1) 6.28
2) 6.43
3) 6.54
4) 6.66
Stop Targets:
1) 5.79
Trailing Configuration:
Entry: Percentage (0.5%)
Take-Profit: Percentage (0.5%)
Stop: Moving Target -
Trigger: Target (1)
UNIUSDTHello Dear friends
In the four-hour period, the negative divergence of the RSI has been issued to us, but we do not have another signal to form a corrective trend!
And as long as the upward trend line is maintained and the movement trend is not placed below the price range of $6.39, the probability of breaking the resistance range of $7.25 is high.
We would be happy to hear your comments
UNI/USDT A detailed Elliot Wave count.Wave 1: looks like a leading diagonal.
Wave 3 > Wave 5
So count is still valid.
Wave 2: A simple ABC correction.
Wave 3: An impulse wave up with an extended 3rd wave and a 5th truncated.
Wave 4: Looked to me like an ascending triangle ABCDE correction.
but I'm not entirely sure.
Wave 5: Forming at the moment.
in the internal count wave 3 looks small and short to me, which may be an ending diagonal with a 5th wave < wave 3
I would love to see a rising wedge pattern for a short opportunity on this one.
If something is incorrect or you have any comment on my analysis I would love to get some feedback.