💎 Paradisers, #UNI is exhibiting a bullish market structure & has taken liquidity by breaking below the supportive trendline.
💎 You might have noticed that #UNIUSDT has bounced precisely from the bullish Order Block (OB), indicating that pending orders have been filled at this level. However, for confirmation, we need to see signs of a Change of Character (CHoCH)...
⚡️ Breaking News: SEC vs. Uniswap
What's Happening?
In a major escalation by the #SEC and White House, Uniswap, faces legal challenges. Instead of recognizing haydenzadams as a pivotal entrepreneur, they're taking him to court.
Why It Matters: This isn't just a problem for Uniswap. It's like the government starting a fight with the whole Crypto
Prices Falling...
Uniswap (UNI) Coin: Fundamentals, Recent News, and Disclaimer
Fundamentals
Uniswap (UNI) is the governance token for Uniswap, the largest decentralized exchange (DEX) on the Ethereum blockchain.
Launched in November 2018, Uniswap allows users to trade cryptocurrencies directly with each other without a middleman through an automated system called an automated...
UNI/USDT is currently facing a significant resistance area between 5.65 and 5.70.
Traders should closely monitor price movements within this range, as a breakout above it could signal a bullish trend continuation.
However, our analysis suggests that a price correction is likely in the near term. We expect UNI/USDT to correct towards the key support level at...
crypto name : uniusdt
call type : positional
- crypto is sideways from last 300 days and forming a triangle pattern, currently crypto is breaking the channel
- forming lower high and lower high
- we can accumulate this crypto at current levels for target 10 $ , 12 $ and 18 $
Thanks
Technical analysis:
. UNIUSDT is in a range bound, and the beginning of an Downtrend is expected.
. It has Formed a Rising wedge pattern wich indicates the price to come down.
Take Profits:
TP1= @ 5.44
TP2= @ 5.00
TP3= @ 4.50
SL= 6.35
HAPPY TRADING.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.25).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
My analysis says if it retests the lower level of trend UNI price may go to 7.8. I will try to open my long at 7.15 if the price comes down with a target of 7.7 and stoploss near 6.8.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (7.38).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
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Inverse Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “Neckline” is drawn by connecting the highest points of the two Peaks. Neckline resistance does...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.08).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (9.46).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
