UNI
UNI/USDT by CryptoTradersWWThe price is hovering slightly below previous support, which has now turned into resistance; the value is also low, which is another type of resistance.
My strategy is simple:
after these levels have been broken and held, I will try to buy.
Entry: Looking for 1 and 4 hours candle closes above $20 is ideal
Take Profit 1: $22.4 is the prior daily resistance level to aim for.
Take Profit 2: $25
Stoploss: $18
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UPDATE: Unicorn UP 908% after bull signal - now 25% correction?Please Like or Follow if you enjoyed this content.
UPDATE: The price jumped 908+% after the bullish Supertrend Ninja signal. Second 49% and third time 61%. The Supertrend Ninja predicted the drops of May 2021, July 2021 and Nov 2021. And is giving another potential drop signal 2 days ago.
Supports and Resistances are highlighted as grey blocks. Next support around 14 USDT. Which means a potential drop of 25%. Profits can be taken at each grey block (if shorting). Supports and resistances are drawn using the indicator 'Yo Show Me Some Support - and Resistances'. Pun intended.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Seller Exhaustion, Momentum starting to shift?UNI looks very appealing here. Sellers are exhausted and we recently broke through the resistance that has held since the Death Cross. I'm expecting a shift in momentum. There's still plenty of overhead resistance to get through, but this is where I want to start averaging in.
Good luck, and Happy New Year!
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
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#HEX backtested legacy H&S neckline. Met 35cent target for 2021.Now potentially forming a right shoulder of a larger INVERTED Head & shoulders bottom / continuation
SACRIFICE phase is live right now PulseX for donations to a upcoming airdrop of Uniswap (#UNI) best rates are available up to Jan 10th
expect volatility as we have seen today due to Whales moving the price around to suit their needs and secure their sacrifice position
which lends credibility to a potential inv Head and shoulders and target of new Highs for March
Uniswap Price Analysis — December 31UNI recently suffered a sharp -16% correction from the $20.00 region to the $16.75 support between Monday and Thursday, amid a reemergence of bears across the broader market. Despite the recent crash, the cryptocurrency maintains a bullish outlook on my daily chart and remains on course to $21.50. That said, I expect to see a steady recovery towards the $20.00 psychological resistance mark over the coming days. Nonetheless, this recovery could take a while, given the current volume drought in the market as we head into the new year.
Meanwhile, my resistance levels are $18.25, $19.20, and $20.00, and my support levels are $16.75, $15.00, and $14.00.
Total Market Capitalization: $2.21 trillion
Uniswap Market Capitalization: $11.2 billion
Uniswap Dominance: 0.50%
Market Rank: #18
UNISWAP is bullish despite the market weakness $UNI is showing strength by breaking the descending trendline and now is bouncing off the strong support area. This happens because of its fundamental news - Uniswap V3 has launched on the Polygon chain and now is actively growing the trading volume on the platform.
UNI - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
UNI is sitting around a strong support zone in green so we will be looking for buy setups.
on DAILY: UNI is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, UNI would be overall bearish can still trade lower till the lower green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
UNISWAP BULL FLAG BREAKOUT, 4 RR tradeAfter retreating to the .382 Retracement level shown by the dashed line, UNI developed bullish divergence on the MACD and bounced perfectly off the 50 mark on the RSI, it has now broken out of the flag and is setting up a very bullish daily close.
Target is 21.5 however 18.93 is a key level to watch.
I entered earlier through my phone and could only post now.
Uniswap Price Analysis — December 20UNI continues to struggle with lasting bearish pressure as the cryptocurrency falls below the $15.00 mark, following a failed rebound from the $13.75 base. At press time, the twentieth-largest cryptocurrency is under a renewed bearish influence, as it barrels down towards $13.75 again. That said, a retest of this multi-month low in the near term could make or break the cryptocurrency as the new year draws near. As illustrated in the daily chart, a successful defense of the $13.75 base could ignite the long-awaited market rebound and push prices towards the $21.00s. However, failure to prevent bears from going below the critical support could fan the bearish flames and push prices to the $10.00 low.
Meanwhile, my resistance levels are $15.00, $16.00, and $16.75, and my support levels are $13.75, $13.00, and $12.00.
Total Market Capitalization: $2.14 trillion
Uniswap Market Capitalization: $8.95 billion
Uniswap Dominance: 0.41%
Market Rank: #20
careGiven the significant support that Uni Swap has for the marked points, if Bitcoin wants to correct the $ 44,000 points. Uni-swap can easily lose its support.
Keep in mind that in the points shown, it has reacted to these points 4 times with a shadow, which can be completed once with the candlestick body.
UNI/USD Time for reversal??Looks like a reversal of UNI/USD gonna be starting soon.. Based on Key support level/And the divergence
UNI-4h UNIUSDT BUY SIgnal!!!!!
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
target: 21.5
risk is justified
Good luck everyone!
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It's not financial advice.
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UNI/USDT STRONG SPT!!!UNI is on a strong support zone.
You see every time it pushed the price far away.
You can wait for some type of confirmation. Maybe a channel break on 4h.
Me personally, Im a buyer right here because R:R of this trade is very good.
We have decent tight Stop loss.
Entry: 14-16 - or u can wait for confirmation
Targets:
1) 20
2) 27
3) 33
4) 44
SL: close daily below 13