vf_investment

Uniswap/USDT long and short scenario

BINANCE:UNIUSDT   UNI / TetherUS
Uniswap is still trading in a descending triangle pattern:if the price breaks upward and there is a confrimation through the volumes,a long position can be set at the retest of the trend line in the 20/20,5$ range area(EMA50 and EMA200 as support),target at the previous resistance and fibonacci retracement level/EMA100.

If the price will get rejected by the top of the descending triangle pattern and close a daily below it,a short position can be set below the 0,5 fibo retracement level,with target the 0,236 fib retr level

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