descending wedge , price targets are as indicated
The current situation: 1. Price action has been in this falling wedge since reaching the previous high and it has not gotten on top of the 1HR 50 moving average since. The 1HR 21 moving average is flattening out, which looks like signal for a reversal. In the area of the possible breakout, it an ascending triangle does seem to be forming, which is a bullish...
What is UNI. It is a token created by the UNISWAP decentralized exchange to manage this project. It was this token that was able to return Uniswap to its former glory in the DeFi space, after the separation of the Sushiswap project. At the moment, DEX Uniswap is in first place in terms of the amount of locked funds (almost $2 billion). In addition, we...
#UNISWAP TA Update:- 1. #UNISWAP now trading at 73098 sats, and converging into a falling wedge. Falling wedge ends with a Bullish move. So 1st Confirmation is Falling Wedge. 2. Also UNISWAP is approaching Demand Zone which is at daily support. The daily support level at 29552 is going to be tested 1st time, so 90% chances are the rejection. 3. There is a...
Expecting a bounce from 0.618 region marked in the chart. Why target 6? Because that will be 0.618 (approximate)retrace of the dump from 8.5 BNB has a similar chart on daily time frame when it started trading few years back.
If bitcoin resists, possibility of an uptrend for UNI
Looks like we are at the cusps of breaking out of this falling Wedge, are we heading to the end of the Poll length? Meaning we will get to $12ish. Thoughts?
The current situation: 1. Price action has been continuing in this falling wedge as seen on the hourly chart and has bounced off the 0.786 FIB level at about 4.4 USD. There is also a double bottom apparent with the neckline at about 4.6 USD. The measured target for the double bottom pattern is about 5.05 and the measured target for the breakout of the falling...
Comeback... strong or weak? Let see what the resistances says What do you say ?
Here's an idea of potential levels in the next bull run. Can we see these levels being hit? Let me know your thoughts!
Hello again, This is the 2nd day of my price prediction posts and as we can see, the price is dancing around 5.40USD - 4.60USD. This is very important phase of resistance at this time. Remember it's all about the news around the project and the speculations here, but this graphic is something, which we can take a note of. In my opinion, another factor of this...