3Commas

3Commas

UNI is in a downtrend after the formation of the "head and shoulders" pattern, highlighted on the 4-hour chart. The subsequent decline of the asset was confirmed by a bearish divergence with the RSI indicator. The nearest support lines are around $2.89, $2.45, and $1.75 levels. Breaking above the red downtrend lines could mean a rise to the $4.20 level. So far,...

3Commas

Let's consider two timeframes: a 1-day time frame and a 4-hour time frame to understand the long-term picture of an asset's movement. In the daily timeframe below, the (green) long term targets are marked to capture profits from the Litecoin movement in a bullish trend. The white color indicates the current resistance zone of the asset. In the last few days, LTC...