UNI - Breaking Out ๐Ÿš€

dRends35 Premium Updated   
BINANCE:UNIUSD   Uniswap / U.S. Dollar
UNI breaking across the 4H50MA and will almost certainly close with candle body over for the first time since the high.

Also 4H RSI moving into upper quadrant for first time since the high.

I'm just buying the potential bounce, this is most likely not going to be a long term hold.

Not advice.
Comment: Indexes whipped bearish and this downside is far to much to have any confidence in trend. This did look good at the start of the day but not anymore. No longer good RR. I'm out.
Comment: Still keeping an eye on crypto but its effectively bobbing in the water here, drifting sideways, could easily fall if further downside comes from stock indexes in the week.

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