UNI / TetherUSUpdated Catch the train before it moves...!!!!
Uniswap has been printing a nice bullish picture.
The RSI is improving, trend is doing a head and shoulder. During the selloff, the price just bounce back from 21, which forms a strong support. It did nit reach to 0.618 support level and buying has been strong at 21.
Crossing the 24 dollars will be a buy call. However, it has the 25 dollars resistance to pass first
Also, the continuation also depends on the market as a whole, mainly how BTC is doing
It's time to look at BTC SOPR to see if we are continuing the bullish trend. It just bounced off the 1 line during the selloff...meaning the bull run is not over yet
The RSI is improving, trend is doing a head and shoulder. During the selloff, the price just bounce back from 21, which forms a strong support. It did nit reach to 0.618 support level and buying has been strong at 21.
Crossing the 24 dollars will be a buy call. However, it has the 25 dollars resistance to pass first
Also, the continuation also depends on the market as a whole, mainly how BTC is doing
It's time to look at BTC SOPR to see if we are continuing the bullish trend. It just bounced off the 1 line during the selloff...meaning the bull run is not over yet
Note
The price broke the 25 resistance..follow for the next idea
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Related publications
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.