UNI looks primed

ama8999 Updated   
After a 22 months long bear market UNI finally breaks the market structure.

Deviation -> Reclaim -> Consolidation -> Breakout

To me it looks good. Targeting the red area.
UNI has been stalling slightly above the diagonal for a few weeks now, maybe too many weeks. Not showing enough relative strength against BTC.

If it goes back into the pattern I wouldn't be as much optimistic on the idea.

Below $5.2 the deviation thesis gets invalidated.
Trade closed manually:
The setup has become suboptimal. It's taking too long to show the slightest sign of strength.
Trade closed manually


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