Trading idea number C-013 | Uniswap may rise to to 5.12 USD area.
The RSI is trading below 30. This could mean that price is in an oversold phase and therefore a rebound could take shape. As a bullish mean divergence is present. The MACD is above its signal line and is negative. In addition, price is above the 20-period average.
๐ Long Entry at 4,425
๐ฐ Take Profit at 5,120
๐ธ Stop Loss at 4,030
The RSI is trading below 30. This could mean that price is in an oversold phase and therefore a rebound could take shape. As a bullish mean divergence is present. The MACD is above its signal line and is negative. In addition, price is above the 20-period average.
๐ Long Entry at 4,425
๐ฐ Take Profit at 5,120
๐ธ Stop Loss at 4,030
Trade closed: stop reached:
-8.93%