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Weekly forecast Uniswap technical chart
Symbol UNIUSD

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (4.031 to 3.830). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (4.031)
  • Ending of entry zone (3.830)

DateNovember 19, 2023 - 14:39
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 3.630, beginning of uptrend is expected.
  • We make sure when the resistance at 6.695 breaks.
  • If the support at 3.630 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 5.630 on 11/13/2023, so more losses to support(s) 4.945, 4.500, 4.031 and minimum to Major Support (3.630) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 56.

Take Profits:

  1. 4.500
  2. 4.945
  3. 5.695
  4. 6.695
  5. 7.800
  6. 9.600
  7. 13.000
  8. 16.740
  9. 19.814
  10. 23.000
  11. 31.400
  12. 39.500
  13. 44.950
Click on the level to view price action history.

Symbol Released Current Forecast
Uniswap (UNIUSD) new free Tue, 20 Feb 2024
Uniswap (UNIUSD) Sun, 11 Feb 2024
Uniswap (UNIUSD) Sun, 4 Feb 2024
Uniswap (UNIUSD) Sun, 28 Jan 2024
Uniswap (UNIUSD) Sun, 21 Jan 2024