UNI...4H review

Updated
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
Note
considering BTC drop must stop buying unless the market find the new bottom
Note
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
snapshot
Trade active
now target 19.8$ is achievable for short term
snapshot
Chart PatternsTechnical IndicatorsTrend Analysis

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