Massive Sideways Channel

Updated

We've been moving sideways in a rather large channel since May.

Looking for an open and close above $32 to confirm the bull run is back on for UNI.

Obviously if we exit the channel at the bottom that's super bearish.

Note

Testing the bottom of the channel today.
Will we hold $13.5 and make our way back up again?

Note

Bottom of the channel held as support which is obviously great.
But the more times we test it the weaker it becomes.

Note

Support held multiple times. We are still in the lower band of this channel.

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