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Unitytrading

Unity dropped 7.7% Q3 earnings, still got chance go bullish? Technical speaking, the price is overall moving in a bullish market after forming a head-shoulder bottom. It is fluctuating between a consolidation box for a short-term pullback. However, it dropped 7.7% after releasing the earnings report, which disappointed many investors. From a fundamental perspective, Unity Software's latest earnings report reveals that the company achieved a revenue of $447 million last quarter, representing an 18% year-over-year decline. Specifically, its game development engine segment, Create Solutions, and game advertising segment, Grow Solutions, experienced declines of 22% and 16%, respectively, indicating a significant setback in its core business. So, will the price continue to go bullish after this pullback? I think it might continue to go bullish if the price could break above the consolidation box later, so we could buy there. If not, we'd better to wait for a better buy timing.
NYSE:U
by xugina78
3
Unity stock has been suppressed at the same position !Unity stock has been suppressed at the same position in the past year! This figure shows the weekly candle chart of Unity stock since its listing and trading. The graph overlays the top to bottom golden section of the highest point in history. As shown in the figure, after the full release of the bearish momentum in May 2022 of Unity stock, it completed its recent bottom in July 2022 and has been suppressed by the 2.000 position of the golden section in the figure until now! In the future, it is likely to hit a new low or achieve a double bottom before accumulating bullish momentum and rebounding upwards!
NYSE:U
by Think_More
STEEM trade set up?Got my eyes on some STEEM at the moment, its had a great few months spitting out some great trading opportunities and confirming these supply levels already. We can see supply created back in November last year with the drop out of that large consolidation area before the market made a decision, this was acting as a solid resistance for the past 5 months so far with a few attempts are trying to break with very low volume so not really having the grunt to bust down those layers...it just wasnt ready. However over the past month we have been building a nice steady up trend and the last impulsive push managed to break that supply zone now opening us up to the possibility to push higher. Its since had a healthy retrace but i believe it has a bit more of a bleed left in it yet and as BTC looks as though its about to make a decision out of this range, we may get a nice low entry so im happy to put some luck dip buys a bit lower and extend my stop loss to give it some room, BUT for the sake of the chart im going to place my stop in a zone thats easy to understand for now just below the 618. This may take some time to play out but its looking like a really nice R/W:R for a descent potential 50% on over all run but there will most likely be a potential to swing the move up. i can see a level of resistance at that last previous top around 1446 and the higher supply around 1621 is my current area of interest although i will be trading this for a month or so unless of course it delivers the goods much quicker :) CCI has some time to settle but still room to go for another run soon, and volume although retraced on the price action is still climbing well which gives me confidence in this having the legs to run up. will keep this one updated over the next 2-4 weeks.
Long
by Unity-Trading-Group
SKYCOIN your to good to me :)Skycoin has been delivering the goods to myself and our members for weeks now as it seems to be stuck in this descent ranged channel. Not a whole heap of TA to base our trades off apart from obviously a level of support and resistance that sky is struggling the bust. Its quite simple really we just ladder buys with in the demand range and ladder our sells in the lower supply, but we hold onto a cheeky bag to drop high in case we get another one of those 25% spikes which we got again just the other day :) This is an "at your own risk" type of trade but like i said we have been doing well off this over the past few weeks now with around 30 completed trades ranging from 4-8% and a couple at 25%
S
by Unity-Trading-Group
ONT/BTC short term EW set upONT smashing down doors, hit the 1.168 extension from the original push lining up with the 100% on the trend based fib extension, which means this leg has been of equal length of the original leg, next target being the 1.272. There we should find a reversal pattern and be looking at the .786 on the trend based fib for a re-entry to catch the last leg up to the 1.618 on the trend based fib. we will look to exit this trade just before the 1.272 around .0002190-.0002200, re-entry at .0002000 ish
Long
by Unity-Trading-Group
ETH/BTC market updateBreaking down the 4hr on Ethereum at the moment, we have had some good trades on ETH over the last few weeks and its still giving us the goods. Wednesday we got a re entry off the 38 with short term area of interest being the bottom of supply at .03724, our algo giving us a warning as volume dropped we exited for a 27% profit take on 10x from our entry, it just wasnt eth's time to punch through so we figured lets take profits and let it have another go. Now out and waiting for a 38-50% hit again over the next few days laddering in on a lower leverage this time and giving it some more time. If we do not get another entry off fibs and price starts to breach supply, we will be looking at placing buy stops over .038 once we see some signals of that supply breaking. The daily is still spitting out some high volatility candles consolidating in this region but volume is on a steady climb which could be an indication we are going to push up soon leading up to this next fork in another week or so.
by Unity-Trading-Group