UNIUSDT Forming Ascending Triangle with a Great Gain PotencyUNIUSDT is approaching Resistance 20.72 and forming ascending triangle pattern. There will be a great gain potency for UNIUSDT to reach it's uptrend line Resistance at around 24.3.
Stochastic RSI seems to be crossing on demand zone at chart 1H.
Uniusdt
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Resistance 1 --- 19.14
Resistance 2 --- 20.25
Resistance 3 -- 21.39
Resistance 4 -- 22.56
Resistance 5 --- 23.77 Breakout
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
#UNIUSDT trading plan!Hi friends!
A very strong coin!
Since the end of December, for 1 month it has given + 400%, while it practically does not roll back.
At the moment, the pair met resistance below the 20.76$ level.
And for several days it has been consolidating under it.
When the level of 20.76$ is broken, I plan to buy, a strong buyer is sitting in the coin.
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UNIUSDT (UNI) - POTENTIAL BREAKOUT ANALYSIS 🔎
- UNIUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
UNI - 4h. The growth of UNI will end at $23.5The new wave of UNI growth , which began on January 21, gave investors + 200%. The extremely strong growth trend did not stop at rest, even in consolidation.
As you can see in the chart, the price moves in a clear growth channel , which on a larger timeframe looks like an impulse.
Global buyer support is in the range of $15-15.6. This range slowed the wild growth of Uniswap for almost 3 days.
The local point of reference for buyers is $17.7 . Buyers managed to break this level and confidently keep it.
Our main scenario is continued growth with a goal of $ 23.5. We wrote about this goal in our global idea:
Given the strong growth trend, we assume that the process of reversing the price will take some time. As long as the UNI price is above $15-15.6, buyers have the initiative and can continue to push the price up.
Let's see if the UNIUSDT market will be affected by the possible continuation of the BTC correction.
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$UNI Double Top3 minutes ago
I believe that UNIUSDT reached the top and it will be having a descending trend line .
Following a double top and a W formation, lower highs and lower lows will follow.
Shorting time!
Please follow your own strategies, I am not an advisor, just sharing a personal thought.
UNIUSDT (UNISWAP) Will the bull run continue?UNIUSDT (1H CHART) Technical Analysis Update
Waiting for the Resistance zone breakout
UNI/USDT currently trading at $19.40
Buy-level: Above $20.70 (only buy after 1 h candle closes above 20.70)
Stop loss: I will update once I see the breakout
Target 1: $22.50
Target 2: $25.00
Target 3: $27.50
Target 4: $30.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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UNI/USD - Ranging between $17 - 20UNI did a new All Time High (ATH) and now we seem to have some trouble pushing above that level which is just above $20.
It is likely we will range/consolidate in this area before we can push higher. We are also at the channel top, therefore a bit unlikely we will have the strength to push higher right now. It's more likely SUSHI will pump some more before both coins will correct, see my other idea for SUSHI.
A possible path is on the chart. I do not exclude us going higher to establish a new ATH as the indicators are looking good and there are no reasons for concern at this time. However, we need to establish a base before that and we have good support in the low $17 area. Hence we may re-test that again before going up.
If that support falls or we break below this big ascending channel, then this bullish momentum may come to an end. We shall see, no reasons to think that for now and bias remains bullish.
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Uniswap (UNI) - January 31 (12h)Hello?
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A sharp uptrend continues.
If you fall from the uptrend line (1), you need a short stop loss.
The next volatility period is around February 6th.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Projection of targets for the next scenarios in UNISWAP 4HTechnical analysis regarding the price of UNISWAP in relation of dollar Tether for the next scenarios, based on 4 hour movement.
I strongly believe that this crypto is valued, not least because it is in its "final moments" before the launch of Uniswap V3, to which it will boost the cryptography !! ~ my perception ~
Target projection for the next scenarios and explanations in the graph.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***