UNIUSDT - Nothing much between 8 and 15 once resistance broken
UNI is finally doing what we all expected it to do back in October 2020.
I can't tell you the opportunity cost I had, as well as lost profits, watching it grind down during that period. A lesson for me in not protecting risk and not falling in love with a trading idea!
The good news is that now we're looking at a really bullish setup. Once that resistance is broken there's not much standing between a markup to $15.
I've set a trailing stop which I will keep manually adjusting, the idea is to keep locking in profit and covering my risk with all DeFi projects.
I do think we'll see this one at $50 this cycle and will go to Saturn once V3 is finally announced.
I can't tell you the opportunity cost I had, as well as lost profits, watching it grind down during that period. A lesson for me in not protecting risk and not falling in love with a trading idea!
The good news is that now we're looking at a really bullish setup. Once that resistance is broken there's not much standing between a markup to $15.
I've set a trailing stop which I will keep manually adjusting, the idea is to keep locking in profit and covering my risk with all DeFi projects.
I do think we'll see this one at $50 this cycle and will go to Saturn once V3 is finally announced.
Comment:
Level is being protected like crazy by bulls.
NOTE: I've said this before! haha.