$UNI - broke resistance. In it to win it
I should really have entered this trade much earlier, as you can see my setup was in place for the right levels. But, I lack confidence as a trader, and while my analysis is good, I suck at timing entries and exits - and stops will often drain your capital in crypto.
I've decided with this resistance broken on volume, in a rather sluggish market, to get fully invested in
UNI now. V3 announcement is coming soon, and even if it ranges down to $3 or even $2 again, I think anything under $6 is underpriced for this one.
It's the BNB of the DeFi era and having bought BNB early on in it's first market cycle, and seen how far it's gotten since, do think this one will prove a winner eventually.
I've decided with this resistance broken on volume, in a rather sluggish market, to get fully invested in
UNI now. V3 announcement is coming soon, and even if it ranges down to $3 or even $2 again, I think anything under $6 is underpriced for this one.It's the BNB of the DeFi era and having bought BNB early on in it's first market cycle, and seen how far it's gotten since, do think this one will prove a winner eventually.
Note
HAHAHAHHAA.Of course, moment I buy this, Bogdanoff revved up his phone and said 'dump eet'.
Or rather, BTCUSD did it's usual thing of collapsing like an incontinent grandmother and leaving us all in pieces.
No matter - to me this is likely to be a lot like
YFI, massive lurches to the up and downside with a general upward TRAJECTORY.Better traders than me I am sure are killing it with swing trades.
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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.