I've precedently posted my TA about UNi in which I had identified a bull flag, I think because of BTC affecting many alts the bull flag breakout didn't materialize as it should have. However, being the momentum still bullish it pumped and today dumped again always because BTC.
In the end this looks like a lot as a bullish channel. I'm bullish because:
1) DeFi tokens are the crypto fashion of the moment;
2) many other DeFi tokens are currently pumping and UNI it's been kinda stuck the entire day;
3) alts season is starting if it hasn't started yet.
If you find my TA helpful please like the idea and subscribe my profile. If you wanna support me donate tradingview coins or others alts, you find everything on my profile
Thanks
In the end this looks like a lot as a bullish channel. I'm bullish because:
1) DeFi tokens are the crypto fashion of the moment;
2) many other DeFi tokens are currently pumping and UNI it's been kinda stuck the entire day;
3) alts season is starting if it hasn't started yet.
If you find my TA helpful please like the idea and subscribe my profile. If you wanna support me donate tradingview coins or others alts, you find everything on my profile
Thanks
Comment:
IMPORTANT: I've spotted 2 bearish divergences, I'm currently thinking on what to do because certain indicators look good