Kryptochristian

TRADE OF THE DAY | UNI is looking like a 11% drop after relief

Short
BINANCE:UNIUSDT.P   UNI / TetherUS PERPETUAL CONTRACT
TRADE OF THE DAY | UNI is looking like a 11% drop after relief

UNI is shaping up for a heavy drop after a pretty decent relief rally looking like people heading to DEX's in fear of the SEC attack on CEX's. Although it does not look like it will sustain and the drop will be quite hard. A big bearish divergence along with the trendline break on the RVI are big triggers here.
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.