UNI is producing a very interesting fractal pattern of sideways chop similar to the Nov / Dec period that was nearly 7 weeks of sideways action before launching 1000%.
UNI is currently finishing a very similar 7-8 week period of sideways chop and in nearly identical fashion (orange circles) before what I suspect will be another moment where UNI launches 1000% to $316.
Notice UNI will be releasing its MOST anticipated protocol update in V3 on May 5th and with some of the smartest scientific minds in the entire world working for UNI's backend, it's no surprise that this will be magnificent.
Notice the team has been completely silent since they announced what will be in V3 - a very bullish sign that they are hard at work focused on the programming and will be launching the protocol upgrade on time which will imo coincide with the next major leg in BTC... UNI is right now the strongest value buy of all crypto.
Comment
⋅
UNI and LINK are the MOST dominant crypto assets in all of the top 100 right now. Their price performance in the face of a volatile and shaky bitcoin has impressed me. They have even outperformed DOT.
Comment
⋅
I do believe that once V3 is released, that UNI will be the MOST dominant price performative asset in the entire space and it will reignite a crypto bull run just like V2 was the genesis of starting the 2020 bull run.
Love to buy you a beer or three ich1baN, whats your thoughts on OM, looking for a roughie to get on my feet, cheers from here Mate.
ich1baN
⋅
@johnvirtue, considering it's venture backed profile and product market fit it may be worth it to buy a small bag. Keep in mind though that this kind of play may only pay off in the blow off top of the crypto cycle later this year, so you most likely have plenty of time to buy before you do considering its been out since last year and hasn't mooned, despite its significant backing - one reason for this may be that they aren't giving any visibility into the product roadmap beyond Q1 2021. But what you should do is follow the project and watch for updates on their Telegram / Discord / Twitter feeds and see if they are constantly updating the project or not. They need to start integrating larger assets like the Cardano and Polkadots of the world - that was one thing I noticed when I glanced, is that they have partnerships with much smaller projects.
With that said, you can start with a VERY small investment and follow the project to see if it's worth your time - if they aren't integrating larger protocols, I'd shy away and focus on other small caps.
And thanks for the beer!
BreakoutBuster
⋅
ich1ban, please don,t mind others having their stupid thoughts... just continue making your TA. I believe your analysis.. Thanks, bro
johnvirtue
⋅
@aries_aguila1, I'm with you on this. ich1ban has a great vibe.
ich1baN
⋅
@aries_aguila1, thanks aries - there are certainly haters that come in and don't even read my writing or posts and then they act like a calamity happened even though if they bought LINK when I said to, they are doing well. LINK has outperformed every other top asset to date including most small and mid cap coins... also notice, LINK is outperforming DOT and UNI - LINK has flipped to be the most dominant crypto. They also don't understand that LINK has a 1K PT based on the entire cycle (a post I made) - but they take one part of my short-term prediction and then throw the baby out with the bathwater b/c they're incapable of thinking for themselves and are selfishly thinking with a "get rich quick" mentality. These are the ones who haven't been in crypto for more than a week or two and are also the ones who sell at any slight volatility. They have weak hands and weak minds. They're also impatient which in market terms money will always flow from impatient hands to patient hands.... especially if you're in a fundamentally valuable project with use cases and a product market fit.
Thanks again for your support sir! It's always good to hear kind words for the effort I put in - it helps motivate me to do more.
@ich1baN, I have won 640$ last night and then I left home. When I heard that bitcoin is dipping below 50k I never believed it. I just came home and was late to cut loss. All I have won last night were gone.. 😅 Kindly kill that sniffing-hair president. He was one of the major reasons why the crypto and the other market went in a panic. Because of his bullshit plan to tax up to 40% thats why there is a panic now..