Get started
SwallowPremium

Uniswap(UNI): Will Ascending Channel Fail?

Short
UNIUSDT Perpetual Contract (BYBIT:UNIUSDT.P)  
SwallowPremium Updated   
BYBIT:UNIUSDT.P   UNIUSDT Perpetual Contract
Trend Analysis Chart Patterns Beyond Technical Analysis BTC Bitcoin (Cryptocurrency) Ascending Channel breakdown Bearish Patterns trend crypto2024
3
0
trendanalysis chartpattern beyondta btc bitcoin ascendingchannel breakdown bearish trend crypto2024
UNI has been trading in the ascending channel for some time now, bouncing from one side to another.

With pressure from overall markets, we are looking here for a potential price movement to lower zones of that channel and potentially breaking it as well!

Swallow Team
Comment:
snapshot

Coin has been pushing on the upper side of that rend, but we are yet to see some struggle to breakout from there.

We are looking for a potential sell position soon on UNI coin, for sure!
Comment:
snapshot

The price of UNI has come back inside the channel, which means the upper bullish attempt (breakout) failed to succeed. Seems good to short 👀
🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades

Join our amazing team and be part of something bigger.
FREE: t.me/SwallowCryptoTeam
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.