#Uniswap in a Rising Wedge, Support At Dec 2022 Highs at $6.5Past Performance of Uniswap
Uniswap prices may be wavy, moving in a mix of up and down bears, but the uptrend is clear. Buyers are in control, trading above December 2022 highs of around $6.5. In the days ahead, traders should track how prices react at support, the $6.5, and the middle BB, the 20-day moving average. Sharp gains above yesterday's highs at $7.5 will see UNI climb above November 2022 highs, reversing losses.
#Uniswap Technical Analysis
The path of least resistance is northwards for UNI. Though prices are wavy with bear and bullish bars in the mix, it is until the coin breaks above $7.5 that conservative traders can accumulate. For now, prices are inside a rising wedge, supporting optimistic bulls. Aggressive traders can buy the dips as long as the coin trades above $6.5, targeting $7.5, and later $9.5, if buyers step up in a bullish continuation formation. If not, losses below $6.5 may see the token drop to $6 and $5.5 in an inevitable correction.
What To Expect From #UNI?
Buyers could be firm, but the uptrend will be more solid should a convincing, high volume close above the rising wedge. In that case, UNI may rally to $9.5 as buyers double down.
Resistance level to watch out for: $7.5
Support level to watch out for: $6.5
Disclaimer: Opinions expressed are not investment advice. Do your research.
UNI
UNIUSD Potential for Bullish Continuation | 1st February 2023Looking at the H4 chart, my overall bias for UNIUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Looking for an immediate buy entry at 6.571, with price within an ascending channel and recently reflecting off the bottom of it. Stop loss will be at 5.981, where the recent low is. Take profit will be at 7.791, where the previous swing high was.
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UNIUSD Potential for Bullish Continuation | 1st February 2023Looking at the H4 chart, my overall bias for UNIUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.
Looking for an immediate buy entry at 6.571, with price within an ascending channel and recently reflecting off the bottom of it. Stop loss will be at 5.981, where the recent low is. Take profit will be at 7.791, where the previous swing high was.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
UNI ready to explode?Hello everyone, today we have #UNI Coin Analysis
It got on our Watch List back in June during the rebound of the market, as it grew stronger than the market. After that, UNI held up just as well during the #FTX scam.
We were able to hold the $5 level and now we are above all the moving averages
#Bitcoin and the entire market in general are looking very strong right now, but we would first expect a good growth in Ethereum and then UNI
Potential Targets $7.5 and $9.5
The possibility of continuing the range trendAs long as the support level of $6.19 is maintained, the potential for a reversal in the daily timeframe will again be provided. The 4-hour time trend will not be bearish as long as this support is held. Due to the high strength of both ranges, the probability of the range trend continuing this week is high. If the strong candle closes above resistance without an upper shadow, the next target will be at $7.5 - $8 area.
UNI viewNFA, DYOR.
This is UNIUSDT on 4H timeframe.
We had an impulsive wave down on PPI data release, that broke the support ascending trendline.
Now we are forming a bearish flag under it, and if it breaks down, as expected, it could quickly go to a measured level down; red box below.
We already took the range high, so lower levels are expected for now.
Stay safe.
UNI Breakdown!KUCOIN:UNIUSDT
Since posting a few days ago, UNI ran +25% and started to print a flag that developed into a descending triangle.
After the "liquidity run" (see 1-hour) I entered on 5m in the yellow dotted zone for a quick short and ~9%.
PLAN NOW:
1. Bearish Retest of Triangle could provide a further SHORT opportunity to the white pullback zone as a possible target.
2. If the price breaks back into the Descending Triangle look to LONG trapped bears.
This market is dynamic and with patience you can execute laser moves.
As usual Bitcoin rules the direction.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Uniswap (UNI) formed bullish Shark for upto 13% pumpHi dear friends, hope you are well and welcome to the new trade setup of Uniswap ( UNI ).
Previously we caught a nice trade of UNI:
Now on a daily time frame, UNI has formed a bullish Shark pattern with Bitcoin pair chart.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
UNI (Uniswap) long, retest of daily breakMarket waiting for a pull back, but when? I think that buy the retest of the daily trend break (with a tight stop loss) could turn out to be a big trade. There's quite a risk that this trade can be stopped out, but the upside looking good. I see daily breaks now as possibly entries for long time hold.
Uniswap (UNI) formed bullish Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Uniswap (UNI).
Previously I shared a long-term trade setup for UNI , which is still in play:
Now on a 4-hr time frame, UNI has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
UNI/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this UNI/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Uniswap (UNI) was another notable gainer on Friday, as prices rose for a fourth straight day.
UNI/USD raced to a peak of $6.02 earlier in the day, which comes less than 24 hours after falling to a bottom of $5.73.
This move sees the uni swap edge closer to a recent high of $6.40, which was last hit on Nov. 16.
As a result of these recent gains, UNI is now almost 11% higher in the last seven days, with the RSI tracking near a one-month peak.
The index is currently at 53.25, which is its strongest point since Nov. 6, and this comes as the moving averages of 10-days (red) and 25-days (blue) look set for an upwards crossover.
Should this occur, we will likely see UNI bulls target a resistance level of $6.50.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
✴️ Uniswap Trade Signal (195% Potential)Uniswap is showing a nice consolidation pattern and a green candle above EMA10.
The bullish breakout is already taking place... We have good risk reward on this chart setup.
Remember to do your own research before trading and build a plan.
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ENTRY: $5.30 - $6.25
TP1: $8.90
TP2: $10.50
TP3: $12.50
TP4: $18.10
STOP: Close weekly below $4.90
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Thank you for reading.
Namaste.
UNI Local Long Target $6Market finding some localised support as BTC works towards $17,200.
UNI target is $6, posily higher if it can stay above this 4hr 200 MA.
LTC, Atom should sit around their current price and consolirate while the rest of the market moves up - opportunity to take profits and switch into these in week or so.
Best, HF
Strength of buyers and buying pressureUNI had a good price increase last week. Consecutive ascending candles, each closed above the previous candle, can signify the strength of buyers and buying pressure. A range channel was drawn on the chart in the previous analysis, which we expected to break from the bottom. This happened, but because there was an important support in the range of the previous lows at the price of $5, it prevented further declines and moves as wide as the channel range. The rising wave that broke the resistance of the previous ceiling can change the trend in the 4-hour time frame. So with a high probability in case of price correction, we can expect support in the range of 5.10 to 5.14 dollars and a strong positive reaction from this range. However, closer support is considered in the range of $5.30-$5.38, which is less powerful but highly valid. Short-term targets are also considered in the range of $6.
UNIUSDT 1D Interval- Resistance and SupportHello everyone, welcome to a review of the UNI to USDT chart on a one-day timeframe. First, we will use the blue lines to mark the downtrend channel in which the price is currently moving.
Next, we can check where the price has support, and here we can see that we are currently in the $5.82 to $4.73 support area. However, if the support is broken and the price starts to fall more strongly, we can see a drop to around $3.32, which is the place of the last price low.
Looking the other way, we will similarly check where the price should break resistance when the downtrend reverses. As we can see, we have the first resistance at $6.82, the second resistance at $7.91, and then we have a strong resistance zone from $8.99 to $10.52.
Please pay attention to the CHOP index, which indicates that the energy is starting to rise strongly. The MACD is getting closer to crossing the red line with the blue line from below, which would confirm the change of the trend to an upward one, while the RSI is moving in the lower range, which may also indicate an upcoming uptrend.