Short-term price target met now what's next?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Uniswaptoken
UNIUSDT (UNISWAP) Symmetric Triangle PatternUNI/USDT currently trading at $3.83
LONG ENTRY: Enter long after Symmetric Triangle Breakout in 4 h chart
STOP LOSS: I will update soon
Resistance level 1(Target) : $4.27
Resistance Level 2(Target): $4.67
Resistance level 3 (target) : $5.34
Max Leverage: 10X
ALWAYS KEEP STOP LOSS...
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Another attempt to break THIS resistance & where can it head to?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Strong resistance at $4 & what to look for in breaking it?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Bullish pattern breakout can it reach its measured target?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Reversal pattern apparent where it can price action bounce?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Short-term bearish pattern can it bounce off one of the supports*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Why sudden drop in price action today & what to expect next*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Key resistance & support levels to watch NOW for the bulls*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Approaching KEY resistance again & support to stay above*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Can it break this KEY resistance level and continue upwards?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Next levels of support and signals to watch for reversal*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Factors driving THIS market and estimating the reversal*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Uniswap — The Darling of DeFiUniswap has dwindled after its launch on Binance which saw a 100% price increase on day 2 of being listed.
Price has ground down for the 2 months since then and so far there's no indication of a new price rally yet.
A possible support level may exist at $2.50 but that has not been tested yet.
Team Sparkster is Neutral on Uniswap for now.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Bullish pattern apparent can it finally turn around?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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UNIUSDT - Trending sideways and may see a double bottomThe problem with $UNI is that it has a bullish case resting on one catalyst - 'Uniswap v3 launch'.
It really reminds me of LSKBTC back in the day. This was also supposed to mega-moon on the 'rebrand news', but then the rebrand simply got delayed, and delayed with no fixed date.
LSK basically just meandered to the downside for a while, and then when the news DID come, it was too late and the fireworks weren't worth the opportunity cost.
In the case of UNI - history doesn't repeat but it does rhyme. Hype wasn't sustainable and it was sold off to chase other DeFi nonsense.
Personally, I'm still bullish on $UNI as long as Uniswap keeps up its serious volume and remains the dominant force in crypto. Until that changes, this token will have it's day (eventually).
Where are we now?
2.5 mark - selling climax, will be bought hard if we go there again.
3.4 mark - important level as this is where uptrend first started - not good that it's resistance.
4.6 - 4.8 mark - will now be hard resistance to break, won't succeed at the first try.
The good news is that it's trending sideways and will likely be building a base over the next few weeks before attempting a climb upwards.
The bad news is that there may be a double bottom if we keep landing on the current support - remember levels get WEAKER the more they are tested.
My strategy:
I would look to be adding to $UNI between 2 and 3.4 as a long-term hold, with money that I can afford to write off. When Uniswap v3 lands we're re-testing 4.8 at the very least.
Uniswap v3 I expect to be released before EOY - assuming DeFi is cooling down, and the bubble isn't bursting here. Genuinely good projects like $CORE could be the answer.
Remember, any dev worth their salt will understand the nature of this market and are unlikely to squander great news during a market sell-off. We'll see market pick up FIRST.
Further predictions:
Uniswap v3 will have a clear purpose and incentive behind $UNI, that's not yet fully disclosed. They didn't launch this token for no reason - this is an ambitious project and they've seen what $BNB and Huobi token did for those exchanges. It's more than just a dumb airdrop.
Uniswap will adapt and evolve beyond the DeFi craze, just as Binance adapted beyond its original gameplan of offering an alternative to BIttrex (if you even remember Bittrex).
UniSwap UNIUSDT - Channel + Trendline breakoutAs you can see, we are moving in this parallel descending channel and also below the important resistance at 3.67. If we can break 3.67 level, continuation to the upside is expected to much higher prices. But for now, bears have full control.
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Bullish signs but still need to break this KEY resistance*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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UNIUSD sudden pump but is the market still bearish?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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Bearish if unable to break above this CRITICAL resistane*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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