Trading idea number C-013 | Uniswap may rise to to 5.12 USD area.
The RSI is trading below 30. This could mean that price is in an oversold phase and therefore a rebound could take shape. As a bullish mean divergence is present. The MACD is above its signal line and is negative. In addition, price is above the 20-period average.
📈 Long Entry at 4,425
💰 Take Profit at 5,120
💸 Stop Loss at 4,030
The RSI is trading below 30. This could mean that price is in an oversold phase and therefore a rebound could take shape. As a bullish mean divergence is present. The MACD is above its signal line and is negative. In addition, price is above the 20-period average.
📈 Long Entry at 4,425
💰 Take Profit at 5,120
💸 Stop Loss at 4,030
Trade closed: stop reached:
-8.93%