Uniswap has failed to break out of the 19th-month trading range between $4.00 and $7.30 on four occasions. Should we continue to look for a short entry?
How do we trade this? 🤔
My previous Uniswap analysis showed a couple of good short entries just before and just after the price attempted to break the trading range resistance. Since then the price has fallen...
BINANCE:UNIUSDT just strated breakout from its long tested resistance in daily chart.
The price was reject at the resistance last 3 times and this time we see price breaking out from resistance (Breakout yet to be confirmed, it could be fakeout, wait for our confirmation before entering trade)
After this breakout we have an epic opportunity to for LONG trade...
A falling wedge is always a bullish pattern. By definition, a falling wedge always follows a major rising trend and has 3 stages: major rising trend, correction, and continuation of a rising trend.
This pattern is appropriate in denoting a bullish momentum in the market in the future.
Hello Traders and Investors,
Unitrade is looking very bullish. This token is only a 11M market cap, so there is a lot of room for growth. We can see after a huge drop from ATH we have entered an accumulation phase. We do see a higher lows forming along with a nice bull flag above new support as well.
But majority of cryptocurrencies are very risky, so be...
The first run failed for market dynamics, where btc and eth went down and dragged the rest behind. With the launch of the platform, such a move may be possible.
I think this is what they call a hidden bullish divergence. I believe this indicates continuation of the uptrend. I am still new to trading so if this is not right, please correct me in the comments!
Strong movement of unitrade which is about to draw a possible upward trend
If ETH continues to fall, it could change the upside outlook and invalidate the chart drawn.
