Weeklytechnicalcharts
Uniswap(UNI) big chance that will drop 50% if break this SupportPurple Line = Weekly Support
Red Line = Daily Support
Orange Line = 4 Hour Chart Support
Yellow Line = 1 Hour Chart Support
UniSwap (UNI) is on the way that break Weekly Support level, if that happen UNI has only Daily, 4 Hour and 1 Hour Support Level as obstacle and if we see Daily, 4 Hour or even 1 Hour Bearish candlestick which close bellow yellow line We can expect that price will drop from $14 to next Daily Support Zone on $7 because downtrend is confirm by Daily Descending Triangle too.
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Weekly Technical Chart- GBPUSDThe British pound initially fell during the week but found enough support at the 1.2850 level to turn around and form a hammer. I believe that this market is going to continue to go higher, and a break above the 1.3050 level is that signal. At that point, I believe the market can go looking towards retest again 1.2850 /1.2800 and then we can see rally towards 1.31/1.32, The British pound has shown a significant resurgence during the week, and I think it looks good overall. However, if we were to break down below the 1.2850 level, that would be a negative sign.
Weekly Technical Chart- EUR/USDThe EUR/USD pair jumped to 1.1979 following the release of the US Nonfarm Payroll August report. The pair however, changed course quickly on headlines reporting that the ECB won't be ready to taper QE until December, which seems a desperate move to keep the pair below the 1.2000 level. Now struggling around 1.1900, the 4 hours char shows that the pair was unable to settle above a bearish 20 SMA, whilst technical indicators remain within negative territory, losing upward strength. Below 1.1880, the short term risk turns towards the downside, with scope then to retest this week low of 1.1822/1.1760. We can see fall towards 1.1700.