Uniswap is trying to reverse from the key daily support level at $11.25.
A bullish reversal from $11.25 will result in a move to $12.63 and, possibly, higher to $14.28-$15.45.
A bearish break-out of $11.25 will push #UNI price lower towards $8.68.
Intraday Chart
The UNIUSDT 4-Hour chart is bearish and teasing $11.97. ...
Uniswap broke out of its nearly two-year trading range and hit resistance at $16.75! Now that Bitcoin and the crypto market have taken a pause, what is Uniswap's next move?
How do we trade this? 🤔
We must be cautious with our long bias in the crypto market. Bitcoin is at its all-time high, and the crypto market is burning red hot to the upside; this is not an...
Uniswap has failed to break out of the 19th-month trading range between $4.00 and $7.30 on four occasions. Should we continue to look for a short entry?
How do we trade this? 🤔
My previous Uniswap analysis showed a couple of good short entries just before and just after the price attempted to break the trading range resistance. Since then the price has fallen...
Uniswap failed for the 4th time in 19 months to break out of the Trading Range between $4.00 and $7.30. Are we primed for yet another short?
How do we trade this? 🤔
If you followed my last Uniswap analysis, there was a great 1:2 Risk/Reward short opportunity on the Daily chart:
The initial chart failed to play out and was premature to the rip just above the...
Uniswap has had two major sell signals followed by a drop below the Daily 30EMA. We're now staring at the 200EMA and the $4.83 support, should we short here?
How do we trade this? 🤔
It's reasonable to short in this area o the 4HR or Daily chart. Use a small position size since we're a ways into the fall from the high, set a stop loss above the 30EMA and go for...
Uniswap is showing bull channel support and is indicating the price wants to continue upward toward the $7.25 range. Should we long here? Or is the previous channel resistance around $6.50 going to send us back to the depths?
How do we trade this? 🤔
It's reasonable to long now. We have a bull signal candle at channel support followed by an additional bull...
Uniswap has produced two strong sell signals and is setting its sights on the bottom of the bull channel and previous high of $5.62. We are still in a bull channel, so our bias should remain long. Should we Long or Short?
How do we trade this?
There is a quick scalp opportunity here. A scalp sacrifices Risk/Reward for Probability . In this case, we have...
Uniswap took off like a rocket after making contact with the 200EMA, going from $4.85 to $6.30, a nice 30% rip! We're now approaching the bull channel resistance, will we keep going up? Or will we see a rejection and fall back down to the previous support?
How do we trade this?
This isn't a reasonable to long or short this timeframe. The gap between the 200EMA...
BME:UNI Uniswap's price action has been dwindling in a falling wedge...
Current price: $4.5
Only Two things can happen:
Uniswap can remain in the falling wedge and retest support around $3.2 or
BME:UNI Price action can break out of falling wedge to seek resistances: 5.9, 7.5, 9.8, 12.2
Uniswap is up against the previous channel resistance around $5.50 after falling back down to $4.85. The last attempt to break $5.50 ended in a triple top, this may be a last attempt and with a failure, could lead to another pullback to the bottom of the trend. Bitcoin is currently at risk of a pullback as shown in my 4HR and Weekly analysis. Being a leading...
I know its pretty optimistic setup, but technical picture looks pretty good and UNI haven't made any major bull trend since January 2022.
These are the few signs that telling me to go up.
1. RSI made Divergence already in 1W TF.
2. Checked 4.046 area twice and able to close candle above in 1W, 1M TF.
3. Now its checking 4.046 area third time.
4. Can not close...
Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 500 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
I've made the decision to buy some UNI with a target of 6, 7 and a stop at 4.73.
Indicator shows buyer strength.
The information provided here is for informational purposes only and should not be considered as financial or investment advice.
Uniswap is chilling in a sidewards movement, although it still has got work to do! So far, the altcoin seems hesitant to reach for our red target zone between $3.99 and $0.88, moving closer only gradually. However, our crypto-friend should take heart soon! We expect it to dive into the red zone pluckily to complete wave b in red. This done, Uniswap should turn...
Past Performance of Uniswap
Uniswap is within a broader, multi-month consolidation. Following recent losses, UNI remains under pressure but continues to trend above the all-important support of around $5. Clear from the daily chart, the trend is shaped by the Bull Run from June to August 2022. However, since buyers are unconfirmed, this has given way for sellers...
Currently its neutral.
If Green trend line breakouts then target is 7.6
If Red trend line breakouts then target is 4.5
Waiting for breakout to decide the direction
Past Performance of Uniswap
There are lower lows in the daily chart. However, what's evident is that buyers have the upper hand, rebuffing attempts to push UNI lower. As it is, the immediate support is at $5.3, flashing with March 12 lows. In the days ahead, it will be critical to observe how prices will react at the top of the current consolidation at around...
