Uniswap had a strong breakout from the resistance zone, which is aligned with the 200EMA line. Now we had a breakout, which also led the RSI into the overbought area but what we did not see is any kind of retest of those broken zones so this is what we are looking for at first.
From there, depending on whom the dominance at that zone will fall to, according to that, we are going to look for either a long position or a short.
Swallow Academy
From there, depending on whom the dominance at that zone will fall to, according to that, we are going to look for either a long position or a short.
Swallow Academy
Trade closed: target reached
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๐จ Authentic Traders
โก๏ธ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. ๐
Telegram: t.me/+fiEDSn7M9pJkODA0
โก๏ธ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. ๐
Telegram: t.me/+fiEDSn7M9pJkODA0
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.