UNI
UNI Bullflag or Rising Wedge? UNI has formed a wedge
Whether or not this will act as a Rising Wedge (bearish scenario) is unlikely considering the bullish momentum behind it, and a possible flagpole confirming the bullflag theory
It is more likely that this will lead to bullish continuation rather than a break down is what I'm trying to get across
New Price Target for UNI -> $48UNI broke the ascending triangle to find support at $40 multiple times! enter channel approx. $44 and exit $48. Good luck! Don't miss this one, many others altcoins will be tanking soon as they've been too hyped-up and retail traders will get anxious and start selling before the make a big loss....I was there the last crash!
UNI Moon Soon All signs pointing to another Big Leg Up Coming for UNI
We've been in this text book corrective consolidation for over a week and it's only a matter of time before the next impulse starts.
With Uniswap V3 having just launched yesterday, improving the capital efficancy of the protocol, I think Uniswap is extremely undervalued sitting at the #11 spot on the Market Cap list.
I think we'll soon see UNI start to play catch up and pass some of the protocols with less Fundamental Value.
$100 is inevitable.
Good luck!
UNI, Uniswap - what to do?The price has a strong key level of 45,02(ATH). And the price has already tested for the second time. Now I'm waiting for a sell-through, breakout, retest, and move up! The entry point after the retest) Do not forget about SL
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
$UNI/BTC near the first targets$UNI token has been steadily progressing through the first fib set, slowly nearing the 2.618, aka first high target.
Although the chart is showing some signs of retrace there is not all too much indications in the favor of the same.
Volume is pretty low on the red candles which doesn't indicate a major retrace
Preparing for possible retraces is important thou,
Each of the fiblines ,1.0, 0.764, 0.618 and the 0.5 are potential support levels in case of a shorter term retrace.
If the chart starts showing weakness and breaking through the support levels with ease I expect the 0.236 fibline to provide much harder support and play a role as a new local low and reversal point for further uptrend
What coins should we buy on Spot? Lat`s build a portfolio. What coins should we buy on Spot? Lat`s build a porfolio.
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