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UNISWAP / TETHERUS PERPETUAL CONTRACT

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UNISWAP / TETHERUS PERPETUAL CONTRACT forum


UNIUSDT is following the larger-degree structure outlined in the previous August update. Key mid-term support for the impulsive structure lies at 9.70–8.80.

If price fails to close above the August 22 highs or breaks below 8.80, the odds increase for a more complex corrective structure and extended consolidation.

But macro trend structure looks bullish and has wide margin of safety for a higher low and a new base to form.

Chart: tradingview.com/x/YUXcqOsE/

Previously on resistance zone (Aug 13): tradingview.com/symbols/UNIUSDT/minds/?mind=1Mv3tenJT3-SLOmQPDNjTQ&exchange=BINANCE
Snapshot
UNIUSDT Look at volume and strong support line..
we re waiting for great targets on both uniswap and sushiswap..
Snapshot
UNIUSDT has held the mid-term support zone outlined in my previous Jul 26 update. I’m expecting upside momentum to push the price above the July highs, targeting the top of the mid-term resistance zone before we see a more prolonged consolidation phase.

However, if price reverses and breaks below the August lows in the coming sessions, it would increase the likelihood that a larger degree consolidation is already underway.

Chart: tradingview.com/x/BVdIlgne/

Previously on support zone (Jul 26): tradingview.com/symbols/UNIUSDT/minds/?mind=QeTBUQXvRlStHKfGjQ8jng&exchange=BINANCE
Snapshot
UNIUSDT Can you see the great volume on uniswap?
we have great pump ladies and gentelmen..
watch on..
Snapshot