UNIUSD Long with tight stop
Updated
There is a potential higher low on UNI. This is after the bullish divergence played out. Thus, I'm only hoping for bullish convergence here. BTC might be painting a bullish engulfing candle, and ETH is currently showing seller exhaustion. I believe the potential H&S on UNI will be invalidated and we'll see higher prices.
If not, I have a tight stop loss.
Entry $17.33
Target: $27
Stop: $16.65
If not, I have a tight stop loss.
Entry $17.33
Target: $27
Stop: $16.65
Comment
I exited UNI at $18.80. BTC is showing weakness and with the 1 million onicron cases per day, I feel there is more downside first. I'll wait for more clarity. If I miss out on more profit, oh well. I'll catch it next time.
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