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UNIUSDT H8: PRICE/ RSI DIV WARNING / pullback MODE(RECAP/REPLAY)

Short
BINANCE:UNIUSDT   UNI / TetherUS
UNIUSDT H8: PRICE/ RSI DIV WARNING / pullback MODE(RECAP/REPLAY)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
NOT a setup to SHORT UNIUSDT. Just showing
signs of weakness and recommend to stay out
of this market into the pullback.
dumped 40% after my update.
click play to replay original setup.


🔸 Summary and potential trade setup
::: UNIUSD 8hour chart review
::: dumped 40% from my level
::: not a great looking chart
::: price/ RSI div very clear on H8 TF
::: expecting correction/pullback mode
::: pullback required to attract
::: new buyers from the lows
::: 20-30% pullback possible next
::: 2-4 weeks in June 2021
::: right now limited upside
::: positions traders should wait for
::: better entry prices later after
::: pullback is complete in June 2021
::: similar setup in SUSHI USDT it's
::: also overextended right now
::: BULLS remain on sidelines and
::: be ready to BUY LOW later
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW 4.30 BUY/HOLD
::: TP BULLS +50% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK

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