BINANCE:UNIUSDT Short idea
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UNIUSDT Technical Analysis Update
The price of UNIUSDT is about to break its trend resistance line, and the volume is increasing on the daily chart. I am expecting a bullish move in UNIUSDT in the coming days.
Buy zone : Below $5.65
Stop loss : $4.80
BINANCE:UNIUSDT just strated breakout from its long tested resistance in daily chart.
The price was reject at the resistance last 3 times and this time we see price breaking out from resistance (Breakout yet to be confirmed, it could be fakeout, wait for our confirmation before entering trade)
After this breakout we have an epic opportunity to for LONG trade...
As long as it stays above the mentioned support of $4.42, the initial target for an upward movement will be $5.489.
Closing daily candles above $4.86 would be even more positive for the upward trend. Partial buys can be considered in these areas.
After $5.489, the next target is $6.
MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
UNISWAP is a large player in the crypto market.
UNI looks beautiful and will continue to moon. This pattern is a large base breakout and is very powerful. Its a failed descending triangle.
This chart helps show you ALT Season is about to...
Thank you for reading this update.
Depending on our study we see that UNI]has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
The market is waking up finally
UNI against USDT has had a strong move recently but its good to keep in mind that this move is just a tiny blip against the BTC pair. I believe UNI will moon v the BTC pair eventually.
This move is nothing in the grand scheme
Uni is still relatively small market cap for its wide spread users and fees generated. This move does...
Uniswap (UNI) technical analysis:
Trade setup: Bullish breakout from Channel Down pattern was followed by a break above 200-day moving average ($5.00), which confirmed a bullish trend reversal to an Uptrend. Now the price is retesting that breakout level. Upside potential to $6.50 near-term, and if broken, price could revisit $7.50 thereafter. Uniswap is the...
We seem to be in a big wave B which consists of 3 ABC waves. Wave B of B looks like a diametric, now we are inside the g wave of this diametric. In the red box, the rise of this coin can end and enter the falling wave C.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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Everything on the chart.
Targets: 7.5 - 10 - 12.5
after first target reached move ur stop to breakeven
Stop: ~3.9 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck everyone!
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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