Trading opportunity for UNIUSDT UniswapBased on technical factors there is a Long position in :
📊 UNIUSDT Uniswap
🔵 Long Now 9.41
🧯 Stop loss 7.45
🏹 Target 1 11.60
🏹 Target 2 13.90
🏹 Target 3 16.10
💸Capital : 1%
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UNIUSDT.P trade ideas
UNIUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for UNIUSDT
Here we have R2 and R1 as the resistance areas and they both contain the unsuccessful attempts of the price to rise. And S1 is our support line that represents the support of the price at some points. At the present, we have the fluctuation of price below R1 and we predict a little rise to this line and then here two scenarios will happen for the price. Either it will give us some confirmation candles and start a rising trend to R2. Or it is possible that the price loses the support and experience a fall to S1 or more. Remember that R1 is believed as a good area for saving profits.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
UNISWAPHELLO GUYS THIS MY IDEA 💡ABOUT UNISWAP Usdt is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Bitcoin Trend Analytics August 12UNI has jumped out of the downward channel and initially entered consolidation. It has come near to the edge of heavy resistance and trying to breakout and expand the consolidation range.
Although coming out of the downward channel, UNI has not formed a short-term bullish channel.
Short-term bullish, mid-term consolidation
The support of the short-term bulls is at $8.02; $6.16
Uniswap forecast updateFor the next 24 hours, the middle line of the channel is both resistance line and support line in a neutral trend.
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#Uniswap Rises 180%, UNI may expand to retest $14Past Performance of Uniswap
Uniswap is currently up 180 percent from 2022 lows, inching higher as the crypto tide shifts to favor buyers. UNI is within a bullish breakout formation, adding 10 percent in the past 24 hours to confirm gains posted on July 27. From the daily chart, the odds of UNI further expanding and breaking higher above July 2022 highs remain high.
#Uniswap Technical Analysis
From the daily chart, UNI prices have strong support at the middle BB, bouncing from the dynamic support level and closing on retesting July 2022 highs. The primary resistance is around $9.7; buyers could clear this level, rising to April highs at about $14. Considering this possibility, traders may find entries to buy the dips with primary support at $8 with targets at $14 in the medium term. Any shift in momentum, forcing prices below this week's low and the 20-day moving average, may see UNI dump to $6.
What to Expect from #UNI?
Traders are confident, and UNI holders expect more gains in the days ahead. The rejection of bear pressure and the explosion of prices on August 10, following through on July 27, is massive for Uniswap. Based on the current setup, UNI could have more headroom in the subsequent session following steep, crashing losses in H1 2022.
Resistance level to watch out for: $9.7
Support level to watch out for: $8
Disclaimer: Opinions expressed are not investment advice. Do your research.
UNIUSDT is creating a bullflagThe price is creating a bullflag on 4h timeframe below the 9.5$ area.
the market had a nice breakout from the daily support and after a perfect bounce on 0.5 Fibonacci level the price is trying to create a new breakout
How to approach it?
IF the price is going to have a breakout from the 4h resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
UNI/USDTUNI/USDT
It is located in a descending channel that breaks the roof of the channel upwards.
On the other hand, the resistance of $8 has been broken and you can increase the price to $15 if it stabilizes above $8.
The targets are marked in the picture.
#UNIUSDT #UNI #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT