Uniswap is at a decision point. We normally expect another leg up to $5.5 which will continue the existing momentum. If however we break diagonal support then a correction is due.
Possible trade: Enter once we break local resistance at $3.8 with first target at $4.2 for a nice 10% gain or let it ride up to $5+. Keep a tight stop loss (2-3%) as we may turn down here as well.
Stay safe and manage risk properly.
Possible trade: Enter once we break local resistance at $3.8 with first target at $4.2 for a nice 10% gain or let it ride up to $5+. Keep a tight stop loss (2-3%) as we may turn down here as well.
Stay safe and manage risk properly.
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📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
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🔹 Trading ideas, crypto trends & alpha
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🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
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.