Uniswap : Falling Wedge Pattern formed, Achieving +126% ROIThe Uniswap falling Wedge Pattern has formed, and a Breakout is Expected. If the Breakout occurs above the pattern, the market could approach Target 1 and Target 2, offering a chance to achieve a +126% ROI.Longby SasikumarManiUpdated 0
How was The Performance Of Uniswap In 2024? The Uniswap had a great start in 2024, as from mid-October 2023, the UNI price flew more than 350%, from $3.70 to $17.10 by March 6th, 2024. At the peak, the UNI price gains were not stable, and the price fell to form a support at a high volume-based profile support of around $11.08, by March 2024. After sustaining the level for a while near $11.08, the UNI price showcased a breakdown of a bearish flag pattern by April 9th, 2024, in correlation with the market leaders' activity (BTC). The intense fall of UNI's price formed the support by sustenance displayed at $6.86 by April 13th. On this level, the price consolidated in a narrow range, which later gave a breakout from a bullish pattern, precisely the descending triangle pattern. The breakout from the descending triangle was displayed after the price of UNI pierced the upper border on May 18th, 2024. The breakout was strong, which displayed a more than 70% surge up to $11.85 by May 26th, 2024. However, the UNI's strength was not enough to pierce the high volume level of $11.85, where the resistance posed a threat to its ascent. Thereon, the buyers tried multiple times to break above $11.85, which showed another upward wedge on the chart, which drew a breakdown from June 18th, 2024, onwards. Thus, the breakdown of the channel took the price back to $6.85 by July 5th, 2024. The decline once again led the price to the historical-critical support zone, where massive spikes were earlier displayed on the daily chart. Longby Sam_TCR0
hen it could approach the VPThe Uniswap had a great start in January 2024 and flew more than 200%, from $5.50 to $17.00 By March 6th, 2024. But the gains were unstable and fell to form a support at a high volume level VP at $11.08. After sustaining the level for a while above VP $10.25, the UNI price gave a breakdown of a bearish flag pattern in correlation with the BTC dip on April 9th, 2024. The UNI price fell and formed support at $6.86 by April 13th, consolidated for some days, and then gave a breakout from a descending triangle pattern up to $11.85, where the resistance built by VP posed a threat again near $11.08. Thereon, the price did best to sustain, but by June 21st, the price gave a breakdown of ascending channel and reached $6.85 by July 5th. At press time, the BTC is trying to sustain itself, and so does UNI. Over a clearer look at the chart, a liquidity grab has been developed on the chart. The current price traded at $7.911 with an intraday gain of 1.61%. If the price rises, then it could approach the VP by surpassing $9.0 and could reach $11.0. On the contrary, if the price slips $6.86, it could deteriorate further. Longby Sam_TCR1
he MACD indicator also exhibits a bullish Recently, the UNI price has embarked on an upward trendline, followed by a period of stability around $9.25. The BuRRow, an analyst, noted that in Uniswap (UNI) the price reached an key level, and pump in price was around 20% in last 24 hours. He further stated that two times from this level price was dumped, and it is the third time. Mainly, If price manges to broke out of this hurdle on the daily chart, then this could lead its price to run towards higher level. But, if the history repeats itself, then price dump could be massive as well.. According to a recent tweet by an analyst, it was observed that on the daily chart of UNI, there has been a surge from the $9.27 support level, and it currently remains above both the 20-day and 50-day EMAs. Correspondingly, the MACD indicator also exhibits a bullish crossover, with a rising histogram at 0.034 for UNI, and the RSI flashed above median line at 63.55. These indicators suggest that its gaining pace and could potentially enter an upward trajectory in the future. As all major tools are displaying positive attitude towards the UNI price. If a strong breakout occurs, the next target for the price of UNI could be at levels such as $13.25 and $15.55. On the other hand, if the price declines, in this scenario, if the price of Uniswap's cryptocurrency fails to maintain its position above the $9.27 level, it may experience further decline. Longby Sam_TCR110
Uniswap (UNI) Leads The Top Weekly LosersUniswap (UNI) Leads The Top Weekly Losers The Uniswap cryptocurrency has seen a significant drop, declining by 14.19% and becoming the top underperformer this week. At the time of writing, the UNI crypto was trading close to $9.76 recording a swift intraday loss of 1.06%. Moreover, the daily chart suggests that the crypto is on a three day losing streak, slipping below the key $10 mark. The short-term trend outlook is sideways and indecisive, with the price oscillating between $11 and $8 range. Recently, the price has reversed its course from the higher boundary of the range and might show more declines until it hits near the lower boundary of $8 level. A definitive trend direction is likely to emerge only after a breakout from the range formed. Longby Ritika_TCR5
the price is taking support on dynamic supportUniswap's current market indicators are pointing towards a positive trend, with key metrics such as the total supply in profit, whale activity, and weekly volatility backing up its potential for further growth. Over the last month and quarter, Uniswap has shown impressive gains of 64.52% and 106.09%, respectively, signaling a strong and consistent upward movement on the daily chart. Despite a slight dip of 1.47% in the last 24-hour trading session, Uniswap's price is holding steady at $12.242. The asset appears to be resilient, maintaining a crucial support level at approximately $11.420. If this support holds, there's a possibility for Uniswap's value to climb to new peaks. Moreover, the price is taking support on dynamic support of EMA's and it is showing bullish strength. Similarly, the RSI is above 50.76, suggesting that the asset has more room to grow and MACD is above the zero line at 0.838. Therefore, if the demand increases, the Uniswap asset price could bounce back from the current level. The next resistance for the price would be to reach $16.0. However, if the UNI crypto price fails to stay above the $11.40 level, it could plunge deeper towards the demand area.Longby Sam_TCR0
UNI USD down side movement possibleUNI USD down side movement possible Selling below the 6.229 Stoploss 6.875 Target 4.926Shortby tradewithmev0
UNI USD upside move possibleUNI USD upside move possible Buying above the 4.814 Stoploss 4.464 Target 5.854Longby tradewithmev1
UNI USD both side movement possibleUNI USD both side movement possible Selling side Target 4.053 Upside Target 4.477Shortby tradewithmev1
Uni USD down side movement possibleUni USD down side movement possible Selling below the 4.337 Stoploss 4.751 Target 3.588Shortby tradewithmev0
UNI USD down side movement possibleUNI USD down side movement possible Selling below the 4.586 Stoploss 4.702 Target 4.350Shortby tradewithmev0
UNI USD upside move possibleUNI USD upside move possible Buying above the 5.987 Stoploss 5.796 Target 6.297 Uptrend Create W Pattern in support Trandline supportLongby tradewithmev1
UNIUSD : Looking for ShortUNIUSD is looking for short, expecting target to reach at 6$Shortby sohaibfx0
UNISWAP USDT CRYPTOUNISWAP CRYPTO A super triangle breakout @ ace point with trendline breakout and retested already.and also creating a gartley harmonic pattern @ bottom with morning star .also break and close above inside bar buy above 6.961 add more if get @ 5.36 closing stoploss 4.697 below target 12-15 Longby slkingyogeshUpdated 2213
UNISWAP AT DEMAND ZONERespected the level of 14.55-16. halting and forming a doji candle, will wait for the entry candle the nearest target would be 19 and 19.9$ with a Sl of 14.5Longby Arshad181
Building a position UNI $30 fake out is a gift Build as price accumulate vertically New highs coming DEX showing strength ahead of BTC ETH Shows the Market choice of direction Longby bryptobro0
uniswap So lets look at the trend , if it doesnt break the bull trend as mentioned above , then it can test again upside target or else if it breaks trend we can again see it hit the support of 13$ and another good opportunity . Hope this is helpful for someone who is about to enter :) I am NOT A FINANCIAL ADVISOR. This analysis is done on the bases of pure use of lines and basic knowledge. Enjoy the benefits!Longby krishnakrizz072
Daily trend breakAfter some pullback , UNI POSSIBLE to move upward direction after hitting up trendlines Longby ydz19981
UNISWAP Long Term InvestmentI am NOT A FINANCIAL ADVISOR. This analysis is done on the bases of pure use of lines and basic knowledge. Enjoy the benefits!Longby ashishsinha19992
UNI Vulnerable To Test Crucial Mark of $20Uniswap price is down by 11% on Monday's trading session. The price is above the SMA of $18.11, investors may expect the price to progress towards the next support of $20.0. All technical indicators suggest a sell signal in the coin. Resistance: $32.80 Support: $20.0 Shortby tcr_thecoinrepublic1
UNI Broke Out From The Sideways Consolidation Uniswap (UNI) showcased a bullish rally and formed a bullish engulfing candle. However, the volume is continuously decreasing over the weekly chart. Support on lower levels is situated at $22 and $18, while the resistance on the higher side is placed around $29 and $32. Presently UNI is trading above all moving averages of 20, 50 and 100, which indicates its bullish momentum for the up-coming trading sessions. Currently UNI is standing at 12th position according to the market capitalization, while its all time low is around $0.4190. Longby tcr_thecoinrepublic1