Uniswap UNI/USD is trading at it's SMA200. All standard indicators are printing a buy signal. This is a great long entry position. Uniswap is the decentralized exchange (DEX) leader. It recently received a Wells Notice from the SEC, hinting at potential enforcement actions. This move mirrors the SEC’s historical approach of targeting successful crypto projects. In my opinion, this can turn into a good thing as time goes on.
SMA20 = 9.36
SMA50 = 11.52
SMA100 = 9.40
SMA200 = 7.46
2024YTD
low = 5.91
high = 17.03
Another great long entry is Polygon MATIC/USD:
SMA20 = .81
SMA50 = .97
SMA100 = .92
SMA200 = .84
2024YTD
low = .59
high = 1.29
SMA20 = 9.36
SMA50 = 11.52
SMA100 = 9.40
SMA200 = 7.46
2024YTD
low = 5.91
high = 17.03
Another great long entry is Polygon MATIC/USD:
SMA20 = .81
SMA50 = .97
SMA100 = .92
SMA200 = .84
2024YTD
low = .59
high = 1.29
Note
Another great long entry Ethereum Classic ETC/USDETC halving(20% reduction) on 5/31/24:
SMA20 = 30.12
SMA50 = 32.22
SMA100 = 29.06
SMA200 = 24.02
2024YTD
low = 18.37
high = 39.74
Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
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.
Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
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.