UNIUSD trade ideas
uni updateprevious post:
the 100% could have been the top, but due to this consolidatory period, i am confident we'll hit the original target.
Morning #crypto traders... I look at #BTC #ETH #LTC #DOGE + #YFI#YearnFinance just went NUTSO, didn't it.. HOLY MOLY
Newbie learning crypto! Unidays updateLooking like an upward parallel channel.(might be wrong)
RSI
MACD
Stochastic RSI
All confirming a bullish short and long.
Looking at 46$ very soon!
Uni Good Buy OpportunityI believe another good buy opportunity is about to arise for Uni, its already wicked down and hit the bottom of the channel but I believe it might go down for a 4 hour close at that level as well. The Uni BTC chart also looks very great with a triangle breakout to the upside and now a retest of that triangle.
UNIUSD 10 MAY 2021 1851 hrsWas able to plot a fairly uniform channel. You can see the sporadic movement which can be difficult to get a fix on. Using the same targets to see if the accumulation again to continue the M/U.
Use caution/ Higher risk (IMO).
New Price Target for UNI -> $48UNI broke the ascending triangle to find support at $40 multiple times! enter channel approx. $44 and exit $48. Good luck! Don't miss this one, many others altcoins will be tanking soon as they've been too hyped-up and retail traders will get anxious and start selling before the make a big loss....I was there the last crash!
UNI for the Weeks to ComeUNI's chart looks healthy unlike some other altcoins. The up and down trend lines are almost parallel and very prominent. Since the beginning of the bullish rally in December last year, the support hasn't been violated and its pretty fast upwards. I expect this support to hold ofr the upcoming few weeks even if I expect the Crypto market to have a major correction soon along with that of the stock market. In the near future, nonetheless, the trend will tilt a bit towards including the original (secondary) trend, continuing upwards but with a slower pace as indicated in the graph with the yellow arrow.
UNIUSD to $44-46 very soon!tight corridor for UNIUSD between proven support and resistance. All key indicators inc. MA200 show strong signs of moving up (nice and easy). Expect a few bumps with consolidation, but will hit mid-high $40s very soon. Won't be surprised if $UNIUSD hits $100 soon!!!
Uniswap is ready to riseChannel breakout + bull flag. As long as bitcoin remains >54k it will explode imho
ichimoku trade : long positionresistance from cloud.break last 26 days top.buy position at 40.85$ today and tomorrow.
stop loss: kijunsen(with buffer)
$UNIUSD to $50If UNI breaks above $44 resistance line it could def get to $50 and beyond - ascending triangle!!!!
UNI PUSHED THROUGH $40 !!!Hello all, quick fire posts to keep you beautiful people all up to date ! UNI is testing here before pushing to $50 and smashing its way through to the upper channel as displayed seeing targets reaching highs !
TP 1 : $44.875
TP 2 : $49.685
TP 3 : $55.826
As always do your own research on trades we are good but can't predict the future. Make sure to comment your thoughts, like and follow for more content !!
Uniswap (UNI) Forming Road to $50 then $100? V3 & EIP1559 Everybody's favorite Unicorn. Yes I said it. We're on our Unicorn path to $100. The reality is another +130% increase from these price levels will put us at a $100 Uniswap. And if we continue to hold this bull trendline we may be there by next year. With these bull market conditions another 1.3x isn't too farfetched.
We still have yet to see the full post network effects from the highly anticipated V3 upgrade coming into Uniswap tomorrow. Another huge factor in Uniswap's price I believe is Ethereum's EIP1559 effect on Uniswap. Ethereum's EIP1559 essentially means every transaction on Ethereum will burn ETH gas FOREVER. Meaning the supply of Ethereum will be diminished every year. I can only imagine how that will effect the price of Ethereum and Uniswap in the long term once Ethereum switches over to proof of stake and Ethereum becomes a scarce asset.
Uniswap is already 52% through it's circulating supply and its hard capped at 1,000,000,000. The total value locked ( TVL ) has grown exponentially by over $6 billion dollars since October of 2020. Uniswap is only at a $22.5 billion dollars as a global decentralized Exchange which to me is undervalued for the value Uniswap brings to entire crypto space.
As DeFi and Ethereum grows so will Uniswap. I can literally go on for days about Uniswap because there's a lot of upside. I'm very bullish about Uniswap this cycle and still holding my bag throughout the rest of the year.
Cheers! Much peace, love, health, and wealth!
Curve and Fib Analysis Confirms Continuation of the Trend to 46In this chart, I am confirming the idea I published a few days ago setting a price target for 46. We have been almost there at 44.4, and maybe it would prove wise to have had the profit taken at that stage, yet the analysis shows that the bull has still some breath left.
The current minor trend fits perfectly in an ellipse as shown. This is an indicator that it would end with a relatively major push in one direction. The Fib circles of the medium trend also shows that the price will hit resistance and bounce back to support before the minor trend ends, which is also an indicator of the price moving higher after the ellipse is complete. The fitted curves show the drive upwards is influenced more by the lows rather than the highs, which is expected since we are very near the ATH resistance. Finally, the big FIb arcs are those of the major bullish trend since January, and as we can see, we are approaching a major resistance (261.8%) at 46.
