UNIUSDT "Multi Pattern" Analysis
Currently, UNIUSDT is at 8.40
UNIUSDT . In an hourly time frame Uniswap was observed in an Rounding Pattern Structure and Inside Ascending Channel Structure . It seems Uniswap has created a strong base structure for bull move.
Rounding Bottom : A rounding bottom, a chart pattern used in technical analysis and identified by a series of price movements that graphically form the shape of a “U”. Rounding bottoms, found at the end of extended downward trends and signify a reversal in long-term price movements.
More so, a rounding bottom chart can be divided into several main areas. First, the prior trend shows the buildup to the stock’s initial descent toward its low. The rounding bottom breaks out of its low point when the stock price closes above the price immediately prior to the start of the initial decline
Currently, price is trading around the support level of the trend line. If the trend continues, the price of Uniswap may rise to $14., It trend fail then price of Uniswap may fall to $7.00
Happy Trading!!!!!
Currently, UNIUSDT is at 8.40
UNIUSDT . In an hourly time frame Uniswap was observed in an Rounding Pattern Structure and Inside Ascending Channel Structure . It seems Uniswap has created a strong base structure for bull move.
Rounding Bottom : A rounding bottom, a chart pattern used in technical analysis and identified by a series of price movements that graphically form the shape of a “U”. Rounding bottoms, found at the end of extended downward trends and signify a reversal in long-term price movements.
More so, a rounding bottom chart can be divided into several main areas. First, the prior trend shows the buildup to the stock’s initial descent toward its low. The rounding bottom breaks out of its low point when the stock price closes above the price immediately prior to the start of the initial decline
Currently, price is trading around the support level of the trend line. If the trend continues, the price of Uniswap may rise to $14., It trend fail then price of Uniswap may fall to $7.00
Happy Trading!!!!!
