SwallowPremium

Uniswap(UNI): Looking For Major Breakdown!

Short
BYBIT:UNIUSDT.P   UNIUSDT Perpetual Contract
Uniswap seems more than sweet for a potential breakdown from current support zones.

If we get a clean breakdown, we will see a nice freefall, breaking both 100 and 200 EMA as well.

Swallow Team
Comment:
Uniswap is not showing any weakness yet, so we might see some bounce inside the triangle pattern. Eventually, we will see either a breakdown or a breakout!
Comment:
Uniswap is back at its weak point after yesterdays attempt to push to higher zones here.

As price is showing some downward momentum right now, it seems to be coming to an end for a potential breakdown, so keep an eye on it 😉

🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades

Join our amazing team and be part of something bigger.
FREE: t.me/SwallowCryptoTeam
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.