UniSwap- MFI EXTREMLY Oversold. Bulls Load Up. Market Cap 3.1 Billion
Up a nice 2,400% before the RSI Bear Div and the "Incredible Sell" prints.
Price has corrected 92% since and was gobbled up from the 0.786 fib level.
Big Volume Profile in this range with POC around $3.80
Weekly Heikin Ashi Money Flow Index sits at 0.11!
Stochastic Oversold.
Long Term Bulls should now DCA.
Could it drop further? Sure. I don't try timing tops or bottoms.
Speculative Setup, DYOR. Allow 3-18 Months For all Crypto Ideas.
Credit to @without_worries for allowing use of indicators.
Uniswap
Uniswap (UNI) Surges Over 53% on Staking Rewards ProposalThe Uniswap Foundation has submitted a significant proposal for improving Uniswap’s community governance. This act has quickly influenced the market, thus causing a substantial increase in the value of CRYPTOCAP:UNI tokens. The initiative by the foundation aims to change the fee mechanism to benefit those who stake and delegate their CRYPTOCAP:UNI tokens. As a result, CRYPTOCAP:UNI price has soared and is up by more than 53%.
Proposal to Revitalize Governance
This campaign’s core is the need to freshen the governance architecture in the Uniswap ecosystem. The suggested modifications facilitate a better involved, reasoned, and dynamic role in delegation processes. Through the association of delegation with protocol fees, the Uniswap Foundation seeks for CRYPTOCAP:UNI token holders to choose delegates wisely.
The selection criteria would be performance-based, focusing on delegates’ contribution towards the growth and general success of the protocol. This model is predicted to build a more viable and active governance setting, somewhat altering the delegation pattern and engagement among new delegators.
Uniswap Market Response and Forthcoming Votes
The proposal’s announcement has already created commotion in the cryptocurrency market, and the price of UNI has dramatically skyrocketed. Initially valued at $7.11, the token’s price skyrocketed to $11.09 in less than a short term, which meant an increase of over 53%.
This reflects the market’s favorable response to the proposed governance improvements. The proposal will be put through a snapshot vote on March 1 and then an on-chain vote on March 8. The vote stages are the fundamental phases of realizing the proposed changes.
Enhancements and Innovations
Aside from the governance proposal, Uniswap ( CRYPTOCAP:UNI ) has introduced ‘uni.eth’ subdomains, which exploit the Ethereum Name Service infrastructure. The innovation simplifies the user experience by turning the Ethereum addresses that are hard to comprehend into names that are easy to read, thus making the platform more user-friendly.
This development and the idea to reward staking and delegating still represent Uniswap’s desire to continue to develop its ecosystem to better its users.
Additionally, the hype related to the upgrade of Uniswap v4 is another important factor contributing to the growth of the market performance of UNI. These expectations and the governance amendments will set Uniswap ( CRYPTOCAP:UNI ) for substantial growth and advancement.
DOT Will MOON Like UNI MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
DOT will have have a nice move in very near future but watch the video to find out when it can moon . Very important information
It has very good structure and price action , it reminds me of how many other coins set up in the last Bull market before it went parabolic and of course similar to UNI that just mooned
Please watch the video for more information
have a great weekend
UNISWAP - UNI Is Going To MOON 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 start.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull market
MartyBoots
UNI/USDT - Long and Short PlaysNot really sure about this one, as I'm expecting BTC to do a fat ABC retrace after the Elliott Wave that recently finished playing-out (see last two posts) - If BTC does retrace, ALTs should follow.
Ignoring all timings. I'm only focusing on the Elliott Wave counts and any confluence.
For UNI/USDT, I've got 3 x Elliott Waves to give me short, medium and long terms plays in both long and short directions.
Red EW- Long term (1D).
Blue EW - Medium term (4h).
White EW - Short term (1h).
Short term - White EW
Assuming we've already bounced off the white wave-4, I'm now looking for price to tap wave-5 @ 2.618. However, if wave-4 hasn't hit yet, price could first come down as low as the white wave-1 peak.
Medium term - Blue EW
After the blue wave-3 gets tapped @ 1.618, we should retrace to create wave-4. This could be as low as the blue wave-1 peak.
Once wave-4 is complete, we should head up to wave-5 @ 2.618.
Blue wave-5 also aligns with the Point of Control (POC) on my Volume Profile.
Long term - Red EW
After we retrace from Red wave-1 to wave-2, price should back head up to the red wave-3 range @ 1.618.
I think UNI will top at the red wave-5 range @ 2.618.
Red wave-5 also aligns with the Value Area High (VAH) on my Volume Profile.
I put a fib extension on my Volume Profile:
Red wave-3 taps the Volume Profile's 1.618.
Red wave-5 taps the Volume Profile's 2.618.
Let's see...
UNI/USDT Bullish ride boom from demand?🚀 uniswap
💎 Yello Paradisers! Dive into an electrifying opportunity with #UNIUSDT as it's showing some lively action within a trading range, signaling upcoming price action from the demand zone.
💎 Focusing on #UNISWAP, it's been acknowledging its short-term ceiling at a supply level of $6.630. We're setting our sights on a bullish breakout from the demand area at $5.570, assuming the price continues to rally at this critical level. Achieving this could catapult it through the supply barrier and onto a bullish path.
💎 Eager to seize all possibilities? Stay vigilant for any #UNI downturns below the demand zone. Should that happen, prepare for a strategic play: a bullish rebound from the deeper demand zone at $5.256, buoyed by significant liquidity. Falling further? Gear up for more challenges ahead.
UNI ANALYSIS (4H)structure according to bearish CH And iBOS is bearish.
The previous lows have all been cleared and the price has hit a support.
Now we need a range where there is a significant sell order to continue the decline.
We have marked the good area where there is a sell order on the chart. It is expected that the price will reach this range with fluctuations and then we will see a drop
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
UNI/USDT 4H Bullish (Long) Breakout
UNI is now trading around 6.0$. UNI is testing the upper resistance line of the descending triangle. So the Possible scenarios are If the price pumps up and breaks out of the triangle, we can see bullish momentum in it.
Otherwise If the price rejects from the resistance line, the price can move towards the lower support zone of the triangle.
Stay tuned with us for further updates
#UNIBOT/USDT 12h (Gateio) Falling wedge near breakoutUnibot pulled back to 100EMA support, looks ready to bounce and resume bullish from here.
⚡️⚡️ #UNIBOT/USDT ⚡️⚡️
Exchanges: Huobi.pro
Signal Type: Regular
Amount: 7.7%
Current Price:
72.17
Entry Zone:
72.15 - 66.11
Take-Profit Targets:
1) 90.57
1) 106.72
1) 122.87
Stop Targets:
1) 51.19
Published By: @Zblaba
$UNIBOT GATEIO:UNIBOTUSDT #Unibot #Telegram #Bot unibot.app
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +31.0% | +54.4% | +77.7%
Possible Loss= -26.0%
Estimated Gaintime= 10-30 days
UNIUSD vs ETHUSD Price Relationship: Long PositionUniswap's price is closely related to Ethereums price, but UNIUSD often has a slight lag in price changes in relation to ETHUSD.
Recently ETH has made big gains on the 1D chart reaching previous high levels with indicators showing signs of being overbought; whereas UNIUSD, although making gains recently, is still showing signs of being oversold on the 1D timeframe with the potential for big profit with a well timed long position.
If UNIUSD were to reach previous high levels conservative targets would be ~$37.
Could Uniswap ($UNI) Resume its Bullish Streak?
The BME:UNI chart closely mirrors that of CRYPTOCAP:BTC due to their high correlation. BME:UNI is currently hovering near the support zone of $5.50–$5.71, which it has been testing for the fourth time in the past month. This consistency from sellers might lead to a breakthrough of this level.
However, if Bitcoin steadies, BME:UNI could resume its upward trajectory. For this to happen, buyers need to overcome the resistance at $6.02 and establish a foothold above the sell zone of $6.32–$6.64. Such a turn of events would pave the way to new highs and a movement toward the $6.98 and $7.16–$7.5 range.
Should CRYPTOCAP:BTC continue its downward correction, BME:UNI might drop to a new local low within the $5.00–$5.25 range.
$UNI performing Falling wedge in 1w TF Keep eyes on it breakout done Falling wedge in 1w TF
Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow:
1. **Identify the Falling Wedge:**
- Look for a downtrend in the price movement.
- Identify converging trendlines where the upper trendline (resistance) slopes down at a steeper angle than the lower trendline (support).
- The pattern resembles a wedge pointing downwards.
2. **Confirm the Falling Wedge:**
- Confirm the pattern using other technical indicators like volume. Ideally, during the formation of a falling wedge, the trading volume should decrease.
3. **Wait for Breakout:**
- Patiently wait for a breakout to occur. Breakout refers to the point where the price moves above the upper trendline of the falling wedge.
- The breakout should ideally be accompanied by a noticeable increase in trading volume, confirming the strength of the breakout.
4. **Entry Point:**
- Enter a long (buy) position as soon as the price breaks above the upper trendline.
- Some traders prefer to wait for a confirmed close above the upper trendline to reduce the risk of false breakouts.
5. **Stop-Loss Placement:**
- Set a stop-loss order below the lower trendline or a recent swing low. This helps limit potential losses in case the breakout fails and the price moves back into the wedge.
6. **Target Price:**
- Determine a target price based on the height of the wedge. Measure the distance from the widest part of the wedge to the starting point of the wedge and project that distance upwards from the breakout point.
7. **Risk Management:**
- Consider your risk tolerance and position size to manage your risk effectively. The risk-reward ratio should be favorable.
8. **Monitoring the Trade:**
- Keep an eye on the trade to ensure that the price continues to move in the expected direction. Use technical analysis and other indicators to guide your decisions.
9. **Profit-Taking:**
- Once the price reaches your target, consider taking profits. You can also use trailing stop-loss orders to lock in profits as the price moves in your favor.
10. **Adapt to Market Conditions:**
- Be adaptable and monitor market conditions. If the breakout does not follow through as expected, be prepared to exit the trade with a manageable loss.
Remember that trading always involves risks, and it's crucial to have a well-thought-out strategy, risk management plan, and the discipline to stick to your plan.
UNI Swings from Imbalance to Imbalance on the Weekly Chart! The UNI token has displayed a pattern of oscillating between periods of imbalance on the weekly chart, providing unique opportunities for traders. Understanding these imbalances and their impact on price movements is crucial for strategic decision-making.
Key Concepts:
Imbalance Defined:
Imbalance in trading refers to a situation where there is a significant disparity between supply and demand at a particular price level.
Imbalances are often visible on the chart as sharp price movements or consolidation zones.
Navigating Price Swings:
UNI has demonstrated a tendency to move dynamically from one imbalance point to another.
Identifying and analyzing these points of imbalance becomes pivotal for traders seeking strategic entry and exit positions.
Detailed Analysis:
Imbalance at $8:
The rally in UNI's price faced resistance at the $8 level, representing a notable imbalance in supply and demand.
This imbalance acted as a barrier, triggering a corrective move as the market sought equilibrium.
Correction and Retest at $5.8:
Following the imbalance at $8, UNI experienced a correction, driving prices down to $5.8.
The subsequent retest of this level served as a confirmation of the market's attempt to regain balance.
Next Imbalance Level at $12.6:
The upcoming imbalance level at $12.6 emerges as a potential target for UNI's price action.
Traders should monitor this level closely for signs of renewed supply and demand dynamics.
Trading Strategies:
Imbalance Strategies:
Traders can capitalize on imbalances by strategically entering positions when prices approach these levels.
Recognizing the potential for reversals or extended trends during periods of imbalance is key.
Risk Management:
Imbalance trading requires a robust risk management strategy.
Setting stop-loss orders and having exit plans in place is crucial to navigate potential price reversals.
Conclusion: Navigating UNI's Path from Imbalance to Imbalance
Understanding the recurrent pattern of UNI's price movements from one imbalance to another provides traders with valuable insights. By identifying these key levels and implementing strategic entry and exit plans, traders can navigate UNI's market dynamics effectively.
🔄 Imbalance Dynamics | 📉 Correction and Retest | 📈 Next Imbalance Level
💬 Share your thoughts on UNI's imbalance-driven price swings and your approach to trading these dynamics! 🌐✨
Uniswap Analysis: A Strong Case for Buyers as Token Aims for $10
Uniswap ( BME:UNI ), the native cryptocurrency of the decentralized trading protocol Uniswap, is currently showing strong signs of a bullish breakout, with the potential for a 50% rally to $10-$11.
Price Momentum and Technical Analysis:
Over the past week, BME:UNI has witnessed a remarkable 25% gain, currently trading at $7.604 with a market cap of $4.6 billion. BME:UNI successfully turned a crucial supply barrier at $7.23 into a support level, with over 20 million BME:UNI held across 3,500 addresses. This shift in support suggests a bullish move, potentially reaching the $10 target.
From a technical perspective, Uniswap is navigating a trading range with a support level of $4.364 and a resistance level of $8.445. The 10-day Simple Moving Average (SMA) stands at $6.7, signaling a bullish trajectory. A successful breach of the $8.445 resistance could propel
( BME:UNI ) towards the next target at $11.283.
Key Developments and Growth
Beyond price movements, Uniswap has demonstrated substantial growth and development. The decentralized exchange has expanded its user support by integrating new features and extending its reach into the Bitcoin ecosystem. Uniswap's presence on Rootstock, a sidechain connected to the world's largest blockchain network, provides users with advanced functionalities for seamless trading.
Additionally, Uniswap Labs has introduced a new Android mobile wallet app, enhancing accessibility to the decentralized finance (DeFi) realm. This move follows the successful closed beta of the Android app in October and the iOS version introduced in April. Uniswap's commitment to user expansion and innovation is evident in these strategic initiatives.
Investment Opportunity and Conclusion
Considering the positive technical indicators, successful support level transformation, and the continuous expansion of Uniswap's ecosystem, the current trajectory of UNI reflects not only numerical dynamics but also growing interest and confidence in decentralized finance. For potential buyers, this presents a compelling investment opportunity.
As the market sentiment remains positive and technological advancements continue through recent partnerships, there is a potential for UNI to rally further. However, buyers should stay vigilant and monitor market conditions. A breach of resistance at $8.445 could trigger a move towards $10, and ultimately $11.283, while a break below the support at $4.364 may lead to a correction.
Uniswap's ( BME:UNI ) current position in the market, coupled with its strategic growth initiatives, makes it an intriguing choice for buyers seeking exposure to the decentralized finance sector.