Hi everyone
UNI finally broke the resistant line that formed a bullish flag already.
so we can expect more upward pressure in hours coming, for short term
our target would be around 22$ .
ONLY... if BTC turns down we are at risk that the price loose the support line again.
by now I'm bullish on it until BTC drop.
price is above MA200 and MACD shows positive sign. let's see
Enjoy the market
UNI finally broke the resistant line that formed a bullish flag already.
so we can expect more upward pressure in hours coming, for short term
our target would be around 22$ .
ONLY... if BTC turns down we are at risk that the price loose the support line again.
by now I'm bullish on it until BTC drop.
price is above MA200 and MACD shows positive sign. let's see
Enjoy the market
Note
considering BTC drop must stop buying unless the market find the new bottomNote
two possibilities for UNI before bounce up again:price pulls back to the flag from here and go up
or drop to the red support area again before new uptrend
we should consider that may not move fast and we have consolidation time for a while
Trade active
now target 19.8$ is achievable for short term
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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.