UNI what's up ?Hello Guys.
what's up today?
New day, New Chart.
according to the chart data, UNI is making a famous pattern. we call it HEAD AND SHOULDER.
it's really simple. if uni lost all support special (0.618 Fibo) it could make Head and shoulder.
so watch the market.
I feel the market is going down.
don't forget to use stop-loss.
especially someone who deals in Futures acc.
Please share my analysis with your friends and write below the post what do you think? what will happen in Uni?
By the way, Please Follow me to be one of the first to able to see my analysis.
wish you luck.
Uniusdt
UNI closes the gap to $40 despite broad-based crypto retreats
Uniswap leads recovery in the market, posting incredible gains.
Breaking the resistance at $40 could bolster UNI to new record highs.
Uniswap has given a blind eye to the ongoing correction in the market to post double-digit gains over the last 24 hours. The decentralized finance (Defi) token is among the cryptocurrencies that managed to weather down the volatility in the market with ease since the beginning of the week. At the moment, Uniswap teeters at $36 while bulls focus on breaking above $40.
Before the breakout, Uniswap had settled on top of crucial support, highlighted at $30. A ranging channel controlled price action for a short period ahead of the ongoing bullish momentum. Several broken resistance levels set the precedence for the bulls to take control.
Meanwhile, all the short-term technical levels and indicate that bulls are comfortably in control. For example, the Moving Average Convergence Divergence (MACD) hints at the uptrend remaining intact in the short-term.
As the MACD crosses into the positive region, bulls are bound to tighten the grip on the trend. Moreover, the MACD line (blue) has crossed above the signal line, reinforcing the bullish outlook.
The Relative Strength Index (RSI) is leaning to the bullish camp after gradually recovering from the oversold area. Movement into the overbought region would encourage more buyers to join the market, pushing Uniswap beyond $40. Trading above $40 will also trigger the fear of missing out (FOMO), bolstering UNI toward $50.
Uniswap intraday levels
Spot rate: $36.8
Trend: Bullish
Volatility: Low
Support: 50 SMA, 100 SMA and $30
Resistance: $38 and $40
RAMP Continuing its Parabolic Structure to $5+ Good time to BuyLots of upside here with RAMP imho - the project will be launching its main feature product rMINT net week after testing it in the beta phase with their VC investors.
Rollouts such as Coinbase Custody and Binance Staking are now live and set the scene for massive inflows of capital once additional features are rolled out in the coming days.
Stay tuned and I find this level extremely attractive to either pick up more RAMP to average down or to get your initial position heading into the weekend with the successful IPO of COIN now acting as a catalyst for further money to be invested into the crypto space as a whole .... where I fully expect DeFI space to receive the most attention.
UNI Shows Weak Signs Of Positive RecoveryUNI Price traded at $32.32 with a gain of 0.15% in the last 24-hour and 2.54% up in the weekly time frame. Furthermore, UNI bounced from the support of $26.94. In contrast, the market capitalization stands at $16 billion. Technically, investors can perceive a negative crossover in the EMA for a short while, and the price is below the 55-EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $39.60 in future trading sessions.
Resistance: $39.60
Support: $26.94
BTC FUD = Dip Buying Opp in UNI Next Shorter-Term PT $46The FUD created in BTC has caused a systematic risk that spread to nearly all altcoins (minus doge mysteriously) which makes me either think a large institution wasn't in BTC so they created FUD to buy BTC and alts on the dip.
At any rate - this is an extreme value buying opportunity and knowing my prior work on UNI and how it's grossly undervalued relative to Coinbase which trades at nearly $90 Billion market cap despite UNI having larger daily trading volume and 10x the number of listed coins gives you a great buying opportunity. UNI at a minimum should be trading at par imho to Coinbase's market cap - which would put UNI at a price ultimately at $171
UNI is the best Warren Buffett / Charlie Munger discount to fair value in the market.
UNI will be launching V3 on May 5th and it will come quicker than many realize and you'll want to be positioned for this and have exposure as the limit buying feature is a game changer for DEXs and especially for UNI which already has tons of large institutional traders using the platform.
HIGHER TARGETS ARE AVALIABLE FOR UNIGreeting from IRAN to whole trading community wish peace to you all 💙💙
Congratulation to all UNISWAP hodlesrs for reaching new ATH
Uni is moving through an ascending channel since early 2021
After making a new ATH in 23rd of March , price dropped down to the bottom of the channel
After a while of price and time retracement UNI attacked to its ATH and made a new one
We belived that UNI can reach higher targets so 1st target would be 42$
If mid line of ascending channel broke strongly , higher levels will be unlocked
This post will be update
Thanks for your time and attention
Just keep it simple :)
UNI updateOur Uni trade went beautifully. Now let's see where we can go from here.
- Consolidating at the ATH
- Confluence between .272 & .382 FIB
I expect it to consolidate here for a while & and after that at the $40 psychological level. After which we have a clear path towards the 1.618 FIB level that I drew on the last drawback on the daily chart. This puts us around $44.
How are you feeling this UNISWAP run?
UNI: COIN lists at $100B Market Cap - UNI UndervaluedI've already written several calculations and fundamental value pieces in relation to UNI which you can read here:
Imho, UNI should trade somewhere at par or just below COIN's value which is currently trading at $100B market cap as we speak. UNI is severely undervalued in relation to one its primary centralized competitors. UNI should at a very minimum trade at half the equity value of COIN.
At the current trading price of COIN that would put UNI at $95 . If COIN continues to trade higher throughout the coming weeks and months, then this relative value ratio should rise with COIN's rising market cap. For example if COIN were to trade up to $200B market cap, then UNI's price should rise to $191 at a minimum.
Currently, UNI should at least trade at $50 Billion market cap imo considering the fundamental pieces I've spoken about previously. Please read my previous note before commenting.
UNI - 6h. Buyers have a great chance to test $34.7Once again, the range of $31.3-32.3 is becoming a serious problem for buyers of the UNI market. In the previous idea, we predicted a test of this range and the beginning of the 20th momentum of the fall with a target of $20:
The first part of our scenario worked well, but we had doubts about the second part. That's why we decided to create a new idea.
If we pay attention to the local wave of the fall , which began on March 24, we see that its correction was very long. To continue the wave of decline, sellers need to be more determined on March 31, when they tried to take control of the range of $26.4-27.4:
However, as we can see in the chart, buyers have clearly seized the initiative in the UNIUSDT market and are trying to gain a new position in consolidation to continue growing.
Today's fall in the price of UNIUSD took place within the local consolidation channel. Trading volumes do not resemble the impulse movement of the UNI price. Therefore, in our opinion, the movement in this channel will continue with the first goal of $34.7.
An alternative scenario may begin if the mark of $30.6 test is very weak. However, even this condition will not be enough. For our previous scenario and $20 to be tested by sellers, the new wave of Uniswap (UNI) falls should start with a $30.6 drop aggressively and at excessive volumes.
As long as BTC is above the range of $54200-54500 , there is no point in worrying. however, it is mandatory to closely monitor your positions.
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Price discovery for #UNITechnical-Analysis
Coin: #UNIUSDT
Timeframe: 4HR
Position: #Spot
Direction: #LONG
R/R= 1:1/5
People call this one bullish so I did my own analysis.
Price is at ATH and the discovery phase.
From the Fibonacci extension, I call $43.7 as a possible target.
21D EMA, which is around 0.62 Fibo level is my ideal buy spot.
invalidation is at $30-$28
So you can buy here with a stop loss around $31.
SnFsignals
🔥 UNIBTC 🔥 +16% RSI One of the most important indicatores on my VIP script is RSI (Relative Strenght Index). Usually the RSI moves in the same direction as price. Sometimes there is a big gap between an expected RSI and the real RSI and therefore, a trade opportunity. For exemple, if the RSI incrises and the prices move down, we might have a "buy opportunity". The reverse is also true, if the RSI drops and the price increases we have a "sell opportunity". In this case we see the same level of RSI and a lower price. Hope it helped! If you have any doubt please leave a comment or a message =)