The RSI is probably about to change phase. BTC is going to decrease and has 50% chance of making UNI decrease greatly as well to $13. 50% chance of either staying where it is or decreasing a little bit more to 19.5.
I believe the fib time retracement combined with the price retracement for this last bounce predicts 50% chance of just having a bigger bounce, having...
Looks like a repeat pattern to me.
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". There is a possibility of temporary retracement to suggested support line (22.60).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. UNIUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
. There is a possibility of temporary retracement to suggested support line (0.00047350). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. UNIBTC UNI Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a...
Red lines represent resistant turned support.
Blue line represent the top of a pennant to which we broke to the upside giving an indication of a rising wedge.
We are now trending short term bearish on the yellow line and just to the downside of the falling wedge.
I would be looking for 0.00089332211 ETH for support. If that break to the downside the falling...
High R/R, stop below fib/support line. Looking to target ATH +.
This may take weeks to play out, so a swing long position. Would TP at point shown (above ATH) and let some run.
One of the few 'majors' in the Defi sphere not to have started its run yet.