UNI Possibly reaching ATHUNI has been trading in a horizontal channel since the may drop.
As it set in a significant higher low last week at around 21$, some indicators are turning bullish (On the daily chart: VIX printed a clear bottom, MACD turned bullish , RSI is making higher lows),
possible signalling that UNI is ready to break out of the channel.
When it breaks out, possibly uses the channel as support, it will easily surpass it's previous ATH.
In case BTC or ETH would drop, UNI will probably lose it's momentum to and we will continue trading in this channel.
In both cases, good opportunity
Uniusdt
UNI Buy a break setup.UNIUSD - Intraday - We look to Buy a break of 27.59 (stop at 26.93)
There is no indication that the rally is coming to an end.
A break of yesterdays high would confirm bullish momentum.
The bias is to break to the upside.
We look for gains to be extended today.
Pivot resistance is at 29.70.
Our profit targets will be 29.57 and 30.27
Resistance: 27.60 / 28.40 / 29.60
Support: 26.60 / 25.80 / 25.00
UNI Buy a break setup.UNIUSD - Intraday - We look to Buy a break of 27.72 (stop at 27.08)
Daily signals are mildly bullish.
A break of bespoke resistance at 27.60, and the move higher is already underway.
A break of 27.70 is needed to confirm follow through bullish momentum.
Expect trading to remain mixed and volatile.
Our profit targets will be 29.48 and 29.88
Resistance: 27.20 / 27.60 / 28.20
Support: 26.50 / 26.00 / 25.50
UNIUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, price is fluctuating within a downtrend channel and has broken the top line of the channel and is fluctuating above it.
It can touch our target over time if it is fixed above the channel line.
When it enters the channel and we see weakness in the process, we can consider a fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
🟢 UNIUSDT(Update) #Buy_Recommendationthe price has reached a good support again and is also valid for #Buy_Recommendation . Targets updated.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
👤 Arman Shaban
⚠️(DYOR)