UNIUSD trade ideas
Uniswap (UNI) $20 Support Forming Road to $27?What a magnificent performance we have been witnessing from Uniswap since the begging of this year. Cheers to everybody that has held to $20! Every hodler, trader, and investor should be excited and thankful for the explosive growth that we have been seeing with Uniswap and within the Decentralized Finance (DeFi) realm overall. Almost every week we have been seeing the DeFi sector increasing Total Value Locked (TVL) by the billions.
It is very refreshing and reassuring to see Uniswap hugging the 2.618 Fibbonacci level of $20. Many believed we'd dump right after $20 but that doesn't seem to be that case so far. We've traded through $20 five times starting to form the basis of a $20 support area. As of right now we have a low support of $17.80 and a resistance of $21.56
The next destination for Uniswap will be the 3.618 Fibonacci level putting us at a new all time high target of $27.00 if this momentum continues. So far Uniswap just reached a milestone of 30 Billion dollars in Total Value Locked (TVL) and is nearing 4 Billion dollars worth of liquidity.
Uniswap is only about 2.8 Billion dollars away from Binance's 8.6 Billion dollar market capitalization. If we continue this bullish momentum througt 2021 there's doubt in my mind that Uniswap will eventually be the biggest cryptocurrency exchange overtaking Binance. Uniswap is truly a game changer and as always I'm keeping a nice bag of UNI for the long term.
Much Peace and Love! Cheers!
UNI/USD BUY 18.50 area Decline to support zone on 4hr. And some hammers now.
On 1hr rejection from top bolinger, now hitting bottom bolinger. Hammer. Buying more at this level.
Let’s see if it will go up and retest top bolinger on 4hr and top bolinger on 1hr.
See idea attached
Buy uni/usd 19.30-50First decline after strong run up.
On 15min some buying as green candles and hammer
Buy 19.45
I will look to buy more if it drops more
UNI - U kno it's about to go parabolic! Hello Traders,
UNI took off for a minute there this late morning but it's taking a little pullback, which I've been layering in purchases.
A few things, inverse head, and shoulders, rising RSI & MFI.
I see quite a bit of volume as we get to the $24/$25 range.
I have my take profit right before that around $23.5.
Good luck!
UNIUSD - EW analysis - impulse up cycleUNIUSD - It is in impulse up cycle. The current structure is either the part of 4th internal wave or 5th of 3rd internal wave. In both the condition, the down corrective move is a buy set up near 16.58 or slight lower for higher high as final push of the sequence.
Give thumbs up if you really like the trade idea/analysis.
UNI next leg up?I'm long UNI and will disclose I've been in since early/mid Jan 2021 and have started to DCA in as the price runs up, but here is my idea (not financial advice). This is not financial advice as I'm a #wsb retard. Couple key LINKs (get it) to go through (www.reddit.com and www.theblockcrypto.com) (not financial advice)
UNI following a simple ascending triangle pattern with a simple RSI pattern over the last week which is every 2 days we see a leg up and then 2 days of cooling off, rinse and repeat. Hopefully my amateur TA is correct and we set a higher high and a higher low this weekend or even by Friday 2/5/21. No real long term price prediction just doing some simple pattern analysis and charting. Overbought zones 70+ buy opportunities > 40 (not financial advice). If all goes to shit we probably re-explore the $17 range (not financial advice).
Oh yeah forgot to mention (not financial advice).
UNISWAP ASCENDING TRIANGLE Hi guys, UNISWAP is a token from a platform that allows you to convert crypto into many cryptocurrencies (that aren't on other exchanges).
As always a nice acending triangle could lead to an very bullish trend, (UNI is already in an super bullish trend).
For me this crypto is still very under-evaluated. The key is this (as all crypto) crypto is volume, and it actually generates a lot.
TARGET : MOON
UNI possibly hitting $30 by March?The next 4 weeks where UNI price points could end up if continuing on this path. $30 is looking more like a reality for UNI especially in light of our corrupt financial markets finally getting the attention needed. DEFI is heating up!!! This is only an idea and should not be used for trading. Please do your own due diligence. Please share your opinions.
UNI possibly hitting $30 by March?The next 4 weeks where UNI price points could end up if continuing on this path. $30 is looking more like a reality for UNI especially in light of our corrupt financial markets finally getting the attention needed. DEFI is heating up!!! This is only an idea and should not be used for trading. Please do your own due diligence. Please share your opinions.
Uni round upI looking to go on if the it starts to round up for confirmation. Tis a good rest after UNI wild week. The MACD is curving up and the RSI is stating to relax.
1H equilibrium near ATH looking extremely bullishUNI looking a lot like a bullish cup & handle in an hourly equilibrium very close to the ATH. One thing I've learned over the last couple weeks is not to sleep on this name as moves to the upside tend to be swift and without much consolidation.
UNIUSD - EW analysis - impulse up cycle UNIUSD - It is in impulse up cycle since long and about to finish the internal 3rd wave of the sequence unless it further extends more. The next correction will be 4th wave and good entry to pump it higher.
Give thumbs up if you really like the trade idea/analysis.
UNI hidden bull 2h legs to runbounced perfectly off .702
broke an. IHS on small time frames...
hidden BD on 2hr
and 4
wouldn't stay in very long though
Probably buying back in in the high 15s, we'll see.#Uniswap showing no signs of slowing down, looks like I'll be buying the dip on this one lads.
