SpartaBTC

UNI/USDT (Uniswap, DeFi) Main trend. Pivot zones. Unlocks

SpartaBTC Updated   
BINANCE:UNIUSDT   UNI / TetherUS
Logarithm. The main trend (all trading history). Time frame 1 week. The main trend to understand the main trend and cycles.

Long-term position work in the spot (you don't need to hold your coins on the exchange, so you reduce the risk). If you are not working locally, there is no point in holding coins on exchanges, which can appropriate your funds in case of "force majeure" circumstances under the general market situation. If you work long term, then you will sell some part of it after a few months (the probability is no more). Then buy back most of the profits and some of it already in the main distribution cycle, that is, in a few years (1.8-2.2 years, the peak of the market).

It is worth noting that in 2023 there is quite a lot of unlocking of coins on this cryptocurrency.

Shows the percentage of price growth from the main reversal zones from the key support/resistance levels in the case of retention or on the contrary breakout. The work with martingale in case of a negative scenario (averaging, predetermined amount of money).


This is what it looks like on a line chart (without market noise).



This non-logarithmic chart was published about a year ago at the beginning of the accumulation (sideways) channel formation.

UNI/USDT Main Trend. Time frame 3 days.

News background now: Uniswap Labs announced the launch of Uniswap v4
Trade closed: target reached:
+100% from the support of the 4$ horizontal accumulation channel. The price is moving towards the resistance of the accumulation channel. 2023 was a very rich year for unlocking this cryptocurrency, but the channel range held strangely enough. Like on LINK and VET a big pump bowl is forming here too.
Trade active
Trade closed: target reached:
the price reached the resistance level of the horizontal accumulation channel 11,896, which is +202,18% (the ratio of liquidity and volatility of the instrument to form a range). From the meridian (reversal zone marked in yellow color 5,55-6,677) the momentum is more than 91%.

If resistance breakout - pennant. I marked the stop zones earlier in the publication of the idea and the last update. Remember the local big profits.

At the resistance of the channel can be a "saw".
Trade active
Comment:
breakthrough of resistance 11,896 and realization of the rising flag. Price is moving towards the resistance of the big bowl, from the breakout at the moment more than +40% From the reversal level (publication of the idea), that is the support of the accumulation channel, at the moment more than +330%

✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: www.instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.