Hello Traders,
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- We can see clearly that UNIUSDT has broke the descending trendline of the downtrend after the accumulation that it took for a long time checking our HTF on 3D , price bounced back strongly from level support 3.31$ and had broken the last swing high of the downtrend with a decent amount of buying volume suggesting that buyers are trying to take control and ready to take the price higher towards resistance zone 7$ where price has been rejected before .
- Meanwhile #BTC is in uptrend since 18 june 2022 and now holding on level support 20000$ hoping for a decent bounce back yet we might see a small pullback towards 19k levels.
Please use your risk/reward correctly to trade the breakout.
Good luck Traders
Trade closed: target reached