Price tested the downtrend channel resistance and is printing a descending triangle pattern. Breakout below the triangle support could be a bearish signal ⬇️. Breakout below the RSI descending triangle could be a bearish confirmation 🔽.
Uniswap currently fighting to break my main downward trendline. (Red line) and possibly causing a widening wedge. (Orange) Indicators are signalling a big move. If we can close on the hour candle above the red line I will open a breakout trade. Market seems to have bounced back bullish again.
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