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UNI / TetherUS

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UNIUSDT trade ideas

UNI/USDT might go for re-testHey, guys ✌️ Next one on our watchlist is going to be UNI/USDT pair. A strong trend has been broken which left behind 100 and 200EMA zones. We see a good chance for this coin we are going for lower levels so let's see what we will end up with here! P.S we need to wait for entry to be confirmed before entering here! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
4
#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.
Long
by Bitcoin_Analyzer
UNI another leg upUniswap is breaking out and looking for a safe trade here. RISK-REWARD The Risk to Reward ratio on this trade is 7.2 so it is quite high, we recommend to close 75% of the position at the $7.7 area. POSITION SIZING We would not recommend anytime to open position more than 2-5% of your balance, but in this trade we are currently opening a 5% trade I am so grateful for the support and engagement of my readers. Thank you for taking the time to read my analysis and for providing valuable feedback and insights. Your support means a lot to me and it's an honor to be able to share my knowledge and experience with you. I am constantly inspired by the community on TradingView and I look forward to continuing to learn and grow together. Thank you again for your support and for making this journey so enjoyable!
Long
by Dandady