THE CHART SHOW US THAT UNIs price is on the support area in 22$ and it tryes to reach resistance area that there is middele of our chanal so that is strong resistance area
and RSI show us bullish trend divergence in chart my openion is that bearlish trend should be broke in future
please share youre opinion in comment and dont forgot like
Price touched 3 times support line. In the last one, we made a false breakout. Now we're coming back to the support line again. If the price breaks it, I'll open a short position after retesting with SL higher than the support line.
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After recent market slump, uniswap is trying to recover and break the resistance 1 at around $28, in order to move towards next resistance level at about $34.
It has tried to break resistance 1 two times previously, but failed and if it fails for the third time it might go lower and land on the 200 day EMA which might act as a support.
However, 20 day EMA has...
UNIUSDT is testing the neckline of the inverse head and shoulders pattern at $24. Bitcoin has already broken out of the inverse head and shoulders , so lets see if Uniswap can follow. A break above $24 with good volume could be a good place for a long. That said, right now there is the 200MAs serving as resistance, so price needs to break through that; failure to...
We have a possible inverse head and shoulders pattern on the 1 H chart, we are nearing the neckline ( resistance)
It's still possible that we still need to set one more higher low before we can break through.
For every new follower i will add a new idea :)
UNIUSDT - Intraday - We look to Sell at 29.29 (stop at 30.88)
Daily signals are mildly bearish.
Trading close to the psychological 30.00 level.
Pivot resistance is at 30.00.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
$UNI is building steam on the daily
We bought @ 29 and reloaded at 22 pushing down the DCA - Heavy resistance to come around the 36 area
Expecting some coiling of prx action before a decision is made .... I am still bullish here with a sell target of 42 USD - 246% ROI
UNIUSDT Ascending Triangle | POC Broken | Profit Ahead
NOTE: TRADE IF & ONLY IF THE SETUP IS VALIDATED.
Buy Above: 30.0841
NOTE: DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.
There is movement starting to make this present on one of the leaders of the crypto market.
UNI / USDT is in a symmetrical triangle of which it will make an escape from the top to come and test, the blow line is to break it forcefully and with volume.
We can expect a strong movement on arrival in order to come and test the MA 200 and spend on 356...