The current situation:
1. Price action looks like it's forming an ascending triangle on the 15M chart, with the measured move to be above 6 USD.
2. There currently is bearish divergence on the RSI, I predict it could pull back to the 21 moving average.
* These are purely my speculations and not financial advice. You should always do your own due diligence...
As above.
Will see how this plays out. If can beak through 4.20 -4.50 range then much higher it will go and hopefully that range will in turn act as support.
Good luck traders!
Looking strong tbh please observe the fully-vertical trend channel that has held strong for full chart history. UNI will never dump. Ignore those fibs the sample time is too small for those to work. Trendline is the essential component here. Sound investmest strategy in this trend scenario warrants high risk management. I'm recommending a small 110%...
WIll probably be the darling of defi in the future. You have to look at Uni as you would a business and right now all metrics look like UNI is leaning towards undervalued even with 1000 percent gains. This one will be one hell of a position trade and i'm holding mine for at least one year.
I would value this somewhere in the 7 billion marketcap based upon fees and p/e
Hello folks! I guess y'all have heard about those 400 UNI to be claimed by each one who traded at least once till 1 September on Uniswap - if you haven't, GO NOW and redeem them, cause tomorrow is the last day. Anyway, my LONG feeling isn't based on any technical analysis or stuff like that cause UNI has barely a couple of h1 candles, so there's not much on the...
