UniSwap UNIUSD - Road to 350 USD + 1000% gains!- UniSwap looks very strong on the daily timeframe.
- On the chart we can spot an ABCDE triangle, that is currently breaking out!
- Due to my Elliott wave count, i am expecting next Impulse wave to the upside, which will be huge!
- Next profit target is 1:1 FIB trend-based fib extension.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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Uniusdt
UNI failed Ascending Triangle BreakoutAfter failing to confirm an ascending triangle breakout, UNI painted a mini rising wedge and a head and shoulders pattern. The breakdown target of the head and shoulders is 27.94, and the breakdown target of the ascending triangle is around 25.3. I will wait for a confirmed breakdown of the ascending triangle to enter a short position.
UNI rejected from major resistanceUNI analysis:
UNI get multiple rejection the major resistance of $29.4-$30.5 area. The local support area are $27 and $25.5 and the major support is $23-$23.6 area. There is also a double top formed at $30 resistance area. We may see a retest of lower support zone of $25.5 to get some fuel before going up. Wait for either the retest of support area or a breakout above the resistance area of $30.5 before opening a position.
Uniswap UNIUSD -1000% is near, Elliott wave + Triangle!- UniSwap looks very strong on the daily / weekly timeframe.
- On the chart we can spot an ABCDE triangle, that is currently breaking out!
- Due to my Elliott wave count, i am expecting next Impulse wave to the upside, which will be huge!
- Next profit target is 1:1 FIB trend-based fib extension.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
UNI on the way to 30$Hi every one
UNI/USDT
UNI/USDT has formed a Double bottom pattern which means the price shall Increase soon and we must be patient because the pattern has not been broken yet, after the break out happens the price should reach around 30$(as much as the measured price movement).
summery:
-UNI/USDT is in a Double Bottom pattern (bullish pattern)
-Can Increase after the break out happens.
-It should reach around 30$
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UNI Reaches 60$ !What I see is that the Uni has a very strong resistance at $ 30.
But if this resistance is broken, it is possible that we will reach $ 60.
I will buy and Hold some in the $ 24 and $ 20 support for the long term and goals of 38-50-60
Note: If the $ 20 support is broken, we may fall to level 14 again
SOL TP1 $48 TP2 $56 TP3 $100SOL has managed to stay well above its 200 DMA and the CC SMA 50 just turned green a few days ago - a signal that bullish momentum should continue.
SOL is building a wedge structure and should ultimately test the top in August and perhaps even break out by August/September to then head to the measured move target price of $100.
SOL has some strong fundamentals behind it and some very strong partnerships. Solana has several DEXes built on it such as the one by Sam BankmanFried's FTX and their partnership with Almeda Research - Serum on Solona:
solana.com
This isn't the only DEX built on SOL ... there are several others such as LunaDEX and DEXlab ....
lunadex.com
trade.dexlab.space
Solona to me is a blockchain backbone picks and shovel play but with the added element that it has smart contracts and is highly evolving such as Uniswap.
It has elements of Chainlink as well since it runs its own oracles. In short SOL seems like it's a very undervalued asset at this time of writing with several live DEXes and several use cases other than just DEXes - you can build any dApp on SOL with near limitless scaling at the moment.
In short, Solana is a quickly growing ecosystem.
solana.com
Lastly, SOL boasts one of the most impressive Developer teams I've seen to date - this includes it in the league of ChainLink and PolkaDot.
Their Devs are from Qualcomm, Intel, Google, MSFT, Twitter, Dropbox, and many more... it's honestly one of the most impressive I've seen to date...
SOL should be a top 10 coin or even top 5 coin depending on development and how many dApps continue to get built on it.
UNIUSDT After Pullback Will Go Up
Welcome back Traders, Investors, and Community!
UNIUSDT On H4 after the Pullback will go up
⬆️Buy now or Buy at 23.25
⭕️SL @ 22.00
✅TP1 @ 26.88
✅TP2 @ 28.72
✅TP3 @ 31.75
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💡Don't miss the great buy opportunity in UNIUSD @UniswapTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.25).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 25.22
TP2= @ 28.72
TP3= @ 31.75
TP4= @ 36.55
TP5= @ 44.83
SL= Break below S2
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
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💡Don't miss the great buy opportunity in UNIUSD @UniswapTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.25).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 25.22
TP2= @ 28.72
TP3= @ 31.75
TP4= @ 36.55
TP5= @ 44.83
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
DOT: FB Diem PolkaDot Partnership EoY PT $420 - $500I'm actually very surprised this isn't talked about more but FB appears to be heavily lean on DOT's technology as they've partnered with Pontem to build out PolkaDot based applications for Diem. Her is some text taken from the Pontem website:
"Facebook-backed Diem is creating infrastructure for the financial inclusion of billions. Applications will be accessible to Facebook's 2.8 billion active users on its ecosystem of apps like WhatsApp or Instagram. The first use case will be single and multi currency stablecoins.
Pontem Network is a Substrate-based Move VM Proof of Stake bridge to the Diem Blockchain"
Pontem states they are launching in Q3 - this month or next! It's my opinion that Diem will launch much sooner than anticipated considering they moved their HQ from Switzerland to the US back in May likely b/c their legal team has regulatory clarity from Yellen. Diem is already registered with the Treasury and is why Yellen has been getting chirpy about stablecoins lately - b/c FB is probably pushing them to get Diem launched under the right regulatory structure.
See this for more context behind the Yellen - Diem connection: www.thestreet.com
Furthermore, Diem and PolkaDot branding is everywhere on Pontem's website (see images) and is finished with PolkaDot's purple theme. Also, the Web3 Foundation which is behind PolkaDot supports Pontem. This is important to note b/c this has signoff from FB's top Execs as well as PolkaDot's very own Gavin Wood. By deduction, Gavin and Zuckerberg have already met and at least put their minds together on this - or at least whoever Zuckerberg has appointed to run this endeavor.
The fact Diem is selecting a PolkaDot based substrate to test the most innovative ideas on the frontier of blockchain tech tells you how much conviction someone like FB has in the genius behind DOT (Gavin Wood). This is incredible and I know price isn't talked about much here but as a fundamental value investor - this is as close as to a Buffett crypto you can get considering the amount of vector onramping DOT will have almost instantaneously when Diem launches sometime in the next couple months.
As I stated above Pontem's first parathread is going to launch in Q3 - this doesn't leave much time for Diem to launch either as they will likely launch in parallel.
If you aren't excited for DOT's future after reading this - then I don't know what to say. There is no other crypto or project or company for that matter that has this level of adoption potential with a Total Addressable Market of 2.8 billion users on some of the world's most popular apps like WhatsApp and Instagram. DOT's future just got a lot more interesting and it's going to play out a lot sooner than you realize.
Link to Pontem's website: pontem.network
Uniswap UNIUSDT - Breaking out! Triangle + Elliott Wave- UniSwap is looking very strong on the daily / weekly timeframe.
- On the chart we can spot a ABCDE triangle, that is currently breaking out!
- Due to my Elliott wave count, i am expecting one more Impulse wave to the upside.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!