UNI is rising back to 4$ zone and I think it will break out of this zone and move up to the 5$ and 5.5$ zones and possibly trigger FOMO.
Currently, UNI is moving sideways in 3-4$ area in an uptrend, so the possibility of a price increase is very high.
-Buy: 3-3.25$.SL if B
-Buy: 4-4.25$ if A.SL if B
-Sell: 4.75-5$.SL if A
UNI is showing some strength here with a SHS formation with a target of 7.5 at 1.618 fib level with an extended target of 10 usd if we are in a very bullish conditions which the SHS confirms once it breaks out.
Made an entry at 3.45 -- target price - 4.45 -- expecting it to take about 3 - 5 days.
Volume does look like its weakening but I have my stop loss set. Always protect your assets and manage your losses!
Would love some feedback.
I am long here. You know the drill, my analysis =
BTC.D in free fall I am targeting 55% when all is said and done / possible 49% moon shot for alts. BTC should stay range bound allowing alts to catch up, now some alts have started catching up thats why I have ETH & XRP along with BTC in my chart as a comparison.
Others not so much thats why I am long XTZ, UNI,...
UNI/USDT currently trading at $3.83
LONG ENTRY: Enter long after Symmetric Triangle Breakout in 4 h chart
STOP LOSS: I will update soon
Resistance level 1(Target) : $4.27
Resistance Level 2(Target): $4.67
Resistance level 3 (target) : $5.34
Max Leverage: 10X
ALWAYS KEEP STOP LOSS...
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- I'm expecting another wave up to complete Elliott Impulse Wave
- Head and Shoulders reversal pattern between wave 4-5
- I see an ascending parallel channel, that can serve as resistance in the future
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