With Uniswap now listed on Binance and attracting major interest from across the crypto industry, we thought we'd start charting it despite only having a few days worth of data to analyse.
So... using a 4-hour time-frame what can we see so far?
Within the current consolidation range...
A 30% downside to 'strong' support.
A 30% upside to resistance.
A breakthrough of that resistance would be bullish.
Team Sparkster is considering adding Uniswap and other Defi coins to our backtesting platform (link below). Let us know what you think in the comments section.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
So... using a 4-hour time-frame what can we see so far?
Within the current consolidation range...
A 30% downside to 'strong' support.
A 30% upside to resistance.
A breakthrough of that resistance would be bullish.
Team Sparkster is considering adding Uniswap and other Defi coins to our backtesting platform (link below). Let us know what you think in the comments section.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
