UNIBTC trade ideas
UNISWAP-Ending diagonal patternIn the 240-minute chart, the first 5 ascending waves are completed in the range of 61986 Satoshi, and the corrective movement is completed in the range of 34774 with Ending Diagonal pattern. Due to the price increase, there is a scenario that wave 3 has been started, the initial target of which is 134977 Satoshi and the final is the targets of 235459 Satoshi.
UNIBTC waiting for the breakout 🦐UNIBTC is testing weekly support inside a descending channel. IG the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short UNIUSD to 15 USDFollowing a hidden bearish divergence and a head and shoulders formation in the UNIBTC chart, the next target price could be 0.00045 BTC . This also corresponds with a previous key support.
The UNIUSD chart shows an ascending wedge which might break out to the downside at any time, with target price at 15 USD.
UNIBTC is testing 4h resistance 🦐$UNI.X is testing 4h resistance and daily support. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long UNI next week and beyond Last year, Uniswap proved that DeFi is the real deal, not just a nice theory.
The decentralized exchange now has liquidity in excess of $3 billion and this Monday the daily volume broke $1 billion.
While Uniswap is still miles away from centralized exchanges in terms of the number of users and daily volumes, we think they’ve made enormous progress and have great momentum.
CND token holders are also interested to know more about UNI, the exchange’s token.
So we’ve asked the following question on the Cindicator platform:
“The cryptocurrency Uniswap (UNI/BTC) settled at 0.00018744 BTC at 10:32 AM UTC at the binance exchange on Friday, January 15. In your opinion, will UNI/BTC trade above 0.00021556 BTC (+15.0%) at any time before January 24?”
-------------------------------------
Assurance: 71%
This suggests that Hybrid Intelligence is bullish on UNI, expecting it to outperform Bitcoin.
We’ve also asked Hybrid Intelligence directly about long-term prospects of UNI vs BNB, which could be viewed as a proxy for centralised exchanges:
“Will Uniswap token UNI exceed Binance BNB token in terms of market capitalization at any time in 2021? (results according to coinmarketcap.com)”
-------------------------------------
Assurance: 63%
This means Hybrid Intelligence sees a high probability of UNI’s market cap (now it’s $1.9 billion) exceeding that of BNB’s (currently $5.8 billion) this year. From the current level, this implies 3x gains so this offers a decent risk-reward profile even beyond next week.
And if you want to automate your crypto trading — check out Stoic, the link is below.
