Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (22.60).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
If Bitcoin ain't happy alt coins ain't much happier. With new all time highs and big rally ups will come sizable corrections. I guess we need to sober up a little off of all the euphoria. The crypto markets have been "wild" to say the least.
Uniswap produced a new All time high of $32.95! Before capitulating down to $18.16. In a perspective from almost a month...
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We need to see if we can get support and climb in the 26.280-27.900 range.
If it falls, you can touch the 21.418 point, so you need to trade...
It has been 19 days since the UNI market has been in consolidation. The growth of 600% from the end of December 2020 should be corrected. In this case, the correction takes place in the consolidation range and does not suggest that the UNI price will continue to fall.
Critical range of $16.7-17.7 is guarded by buyers. During the consolidation, trading...
If you didn`t wanted to buy UNI Uniswap when it was bullish on all timeframes:
Then maybe now won`t be a good idea to buy into this FOMO and lose money.
It`s your choice!
If you are interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at...
What is yAxis?
yAxis markets itself as a meta yield farming aggregator that is able to switch the underlying assets when deploying strategies. Yield farming strategies are governed by a DAO, where token holders vote regularly to implement the best strategy out of a selection of strategies provided by multiple yield aggregators.
yAxis price today is $33.70 with a...
Just some thoughts on how ADA could behave inside that bull channel during the bull run.
That's a pattern I noticed ADA is doing since the beginning of the real bull run, and I believe in the continuation for it.
The defi´s that I am looking into right now are:
SUSHI
UNI
AAVE
MahaDAO, which is releasing ARTH, a decentralized non-depreciating algorithmic token, which derives its value from a basket of uncorrelated assets, the relative weights of which are automatically adjusted by automatic buying and selling in response to changes in the price of each individual asset relative to the others.
MAHA is a governance and utility token that...
TA: Divergence / TrendLines
Purple: BLACKHOLE BOTTOM SUPPORTLINE (sure if you owned 520,000 $RFI; Dump it i dare you)
Red: Fiscal Decision BOTTOM SUPPORTLINE (if you wanna FOMO into doge / shitcoin be my guest)
Blue: Resistance Trendline by the Elite Defi Chads waiting for the new paradigm (or bump an run)
Green: Rsi hidden Divergence / Sell Pressure...
The UNI/BTC pair has recently cleared a buy point, as it has broken out of an extended bull flag on higher-than-average volume.
Confirmation of this trend reversal is provided by an approaching MACD cross.
The price is also trading above the Ichimoku cloud, indicating that it is safe to take a long position.
In the 240-minute chart, the first 5 ascending waves are completed in the range of 61986 Satoshi, and the corrective movement is completed in the range of 34774 with Ending Diagonal pattern. Due to the price increase, there is a scenario that wave 3 has been started, the initial target of which is 134977 Satoshi and the final is the targets of 235459 Satoshi.
The buying force is increasing at UNI and we can expect a strong rally in the coming days. However, to confirm this, we need to wait for UNI to successfully conquer $22 zone. And the heading targets are $26 and $32 zones
If UNI cannot conquer $22 zone, it will form a Double Tops pattern at 8H timeframe and will fall to $15 zone.
📈BUY
-Buy: 21-22$ if A. SL if...
