dnorth

UNI Bull break of falling wedge

Long
dnorth Updated   
BINANCE:UNIUSDT   UNI / TetherUS
Bull break with increasing volume to prove it. 5 and 15m confirmations of the break. Aggressive traders will scale in, safe traders will wait for a 1h confirmation.
Comment:
2h update, no true confirmation on the 1h time period yet. However on the 5m/15m time period we see a healthy flagpole/flag that indicates a desire to move upwards more. If we break bull then I think we'll see a lot more volume.

Looking for a break of 4.2 right now and then a continued follow-through past 4.25
Comment:
Following BTC right now so we lost a lot of the momentum going upward. Staying optimistically cautious.
Comment:
Weak start at first but the volume has picked up now, indicating a clear reversal. Happy trading!
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