UNIUSDAs you can see in the chart, Uniswap bottom at about $1.74 USD on November, it rallied to about $4.0 USD, and has been forming a High Base Pattern for about 10 days. And now it seems that it is about to break it to the upside. To confirm it, we need to close above $4.3 USD.
freeonlinetradingeducation.com/high-base.html
The tarde would be to get in now, with a stop at $3.10 USD, and a price target at all-time highs. Risk-reward ratio 4.4 to 1.
I hope you find this interesting, and good luck to you
Trade closed: stop reached
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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.
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.