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Uniswapprice

UNI → Continuing in the Trading Range! Short Here? Or Long Soon?Uniswap has failed to break out of the 19th-month trading range between $4.00 and $7.30 on four occasions. Should we continue to look for a short entry? How do we trade this?  🤔 My previous Uniswap analysis showed a couple of good short entries just before and just after the price attempted to break the trading range resistance. Since then the price has fallen to the 30EMA and stagnated. We're currently in a situation where the proper distance to a stop loss is just above the previous high above the trading range resistance. We're also sitting on the Weekly 30EMA support and are lacking a sell signal. Until we have a re-test and failure of the trading range resistance with a strong sell signal, it's best to wait on the sidelines. Even then, we should remain cautious in what will likely become a strong crypto market bull run this year into next year, so I only advocate for a 1:1 Risk/Reward scalp. 💡  Trade Idea  💡 Short Entry: $6.85 🟥 Stop Loss: $8.55 ✅ Take Profit: $5.150 ⚖️ Risk/Reward Ratio: 1:1 🔑  Key Takeaways  🔑 1. UNI has yet to break out of the 18-month trading range. 2. Finding some support at Weekly 30EMA. 3. Wait for the price to get closer to trading range resistance. 4. Short scalp position is reasonable taking profit just below the Weekly 30EMA 5. RSI at 53.00, just below the Moving Average, supports pullback, then fall. 💰  Trading Tip  💰 Trading Ranges are two-legged traps for both bulls and bears. When the price rises toward the trading range resistance in two legs, the bulls expect more but don't get it and drive the price down when their trades are exited. The same goes for the bears in the opposite direction. The probability of profit is higher when longing the bottom of a trading range and shorting the top. In the case of this Uniswap chart, this trading range started after a long bear run, so it's reasonable to have a bear bias and short the trading range until its broken successfully. ⚠️  Risk Warning!  ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
COINBASE:UNIUSDShort
by TraderEngineering
1
UNISWAP → Dropping to $4.80? Let's Maximize Your Profits!Uniswap has had two major sell signals followed by a drop below the Daily 30EMA. We're now staring at the 200EMA and the $4.83 support, should we short here? How do we trade this? 🤔 It's reasonable to short in this area o the 4HR or Daily chart. Use a small position size since we're a ways into the fall from the high, set a stop loss above the 30EMA and go for a 1:2 Risk/Reward Ratio down to the $5.20 area. The price action is currently playing out a kings crown pattern; a massive bull candle, rough head and shoulders top, and a a massive bear candle retesting the support the bull candle started on. 💡 Trade Ideas 💡 Short Entry: $5.80 🟥 Stop Loss: $6.10 ✅ Take Profit: $5.20 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Fell out of Bull Channel, Trend Reversed. 2. Fell below Daily 30EMA. 3. Gap to 200EMA and opening of Large Bull Bar. 4. RSI at 46.00 and below Moving Average, Bias to Short. 5. Watch for Bitcoin Trend Change at $46,000. 💰 Trading Tip 💰 The 30EMA and 200EMA ribbons are reliable support and resistance levels. They will often line up between timeframes. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
COINBASE:UNIUSDShort
by TraderEngineering
6
UNISWAP → Falling out of Bull Channel to $4.80? Let's Answer.Uniswap has fallen out of its Bull Channel and is surfing on the Daily 30EMA! After Bitcoins harsh selloff at resistance, is Uniswap and the entire crypto market about to reverse to previous lows? How do we trade this? 🤔 Uniswap price action is currently going sideways in a trading range, a typical signal when a Bull Channel has come to an end. What we need now is a sell signal to confirm the price is going down and we need to look for it at the Left Shoulder high price of $6.86. If we get a strong sell signal bar and confirmation closing on or near their lows at that price, then we will have a Head and Shoulders reversal pattern playing out, giving us the necessary justification to short. Keep an eye on Bitcoins behavior as well to see if the general market sentiment is shifting. My latest analysis on Bitcoins future here: 💡 Trade Idea 💡 Short Entry: $6.27 🟥 Stop Loss: $6.89 ✅ Take Profit: $5.03 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Fell out of Bull Channel, Trend Changing. 2. May bounce off of 30EMA and attempt Left Shoulder Price. 3. Look for potential Head and Shoulders Reversal Pattern. 4. RSI at 50.00 and below Moving Average, Bias to Short. 5. Reasonable to Short if Sell Confirmation on Right Shoulder. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
COINBASE:UNIUSDShort
by TraderEngineering
UNISWAP → Bull Channel Continues! Price Target of $7.25?Uniswap is showing bull channel support and is indicating the price wants to continue upward toward the $7.25 range. Should we long here? Or is the previous channel resistance around $6.50 going to send us back to the depths? How do we trade this? 🤔 It's reasonable to long now. We have a bull signal candle at channel support followed by an additional bull candle that's not as strong as we would like to see, but a bull candle nonetheless. It's reasonable to see if the current 4HR candle closes on or near its high before entering a long. Entering here and setting a protective stop below the channel support is ideal, take profit at 1:2 Risk Reward around $7.14 just before the Resistance Zone. 💡 Trade Idea 💡 Long Entry: $6.28 🟥 Stop Loss: $5.85 ✅ Take Profit #1: $7.24 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long! 2. Bull Channel Showing Support. 3. Gap to Resistance Zone (Previous High). 4. RSI at 60.00 and above Moving Average, Bias to Long. 5. Reasonable to Long Here for best Risk/Reward. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
COINBASE:UNIUSDLong
by TraderEngineering
Uniswap Bull Spike! Are we going back down to $5.70?Uniswap took off like a rocket after making contact with the 200EMA, going from $4.85 to $6.30, a nice 30% rip! We're now approaching the bull channel resistance, will we keep going up? Or will we see a rejection and fall back down to the previous support? How do we trade this? This isn't a reasonable to long or short this timeframe. The gap between the 200EMA and the bull channel resistance has been closed and if we're going to short, we need a sell signal bar and confirmation bar before we enter. RSI is near 80.00, a weak indicator by itself, but supports the other points of this analysis. If the price breaks above the bull channel resistance and shows support, then it may be reasonable to long. Key Points 1. Strong bounce back into the Bull Channel. 2. Price near Bull Channel Resistance. 3. Wait for a sell signal at Bull Channel Resistance. 4. RSI near 80.00, More Down than Up. 5. If shorting, reasonable take profit at $5.70 You are solely responsible for your trades, trade at your own risk! Let us know what you think in the comment section below!
COINBASE:UNIUSDShort
by TraderEngineering
Uniswap at Resistance! Is a Drop to $5 Inevitable?Uniswap is up against the previous channel resistance around $5.50 after falling back down to $4.85. The last attempt to break $5.50 ended in a triple top, this may be a last attempt and with a failure, could lead to another pullback to the bottom of the trend. Bitcoin is currently at risk of a pullback as shown in my 4HR and Weekly analysis. Being a leading indicator, it is another data point in our trade decisions. How do we trade this? A short is risky without a sell signal, and a long is risky because we're at resistance. We're also in a bull trend so the probability of profit is less when shorting. Better to wait for more price action before entering a trade. Key Points 1. Bull Channel, our Mode of operation should be "Always in Long" 2. The price is currently at a Previous Resistance Level 3. Bitcoin as a leading indicator, is at resistance 4. A Pullback to $5 is likely 5. Wait for more price action You are solely responsible for your trades, trade at your own risk! Let us know what you think in the comment section below!
COINBASE:UNIUSD
by TraderEngineering
Uniswap: You’ve still got work to do…! ☝️Uniswap is chilling in a sidewards movement, although it still has got work to do! So far, the altcoin seems hesitant to reach for our red target zone between $3.99 and $0.88, moving closer only gradually. However, our crypto-friend should take heart soon! We expect it to dive into the red zone pluckily to complete wave b in red. This done, Uniswap should turn upwards and head for its next destination: the northern turquoise zone between $13.03 and $16.03, where wave 4 in turquoise should end.
BINANCE:UNIUSD
by MarketIntel
#Uniswap in a Bear Flag, UNI May Lose $5Past Performance of Uniswap Uniswap is within a broader, multi-month consolidation. Following recent losses, UNI remains under pressure but continues to trend above the all-important support of around $5. Clear from the daily chart, the trend is shaped by the Bull Run from June to August 2022. However, since buyers are unconfirmed, this has given way for sellers to take charge. #Uniswap Technical Analysis UNI has support at around HKEX:5 , flashing with March 2023 lows. The local resistance is at $5.7. The immediate trend is bearish, and the recent recovery resulted in a bear flag in a trend shaped by the slip from April 19. Traders can look to ride the trend, shorting on every recovery below $5.7, expecting more losses below last week's lows at HKEX:5 towards $4.7. This forecast will be null once UNI expands above $5.7, preferably with growing volumes. What to Expect from #UNI? UNI is down 30% from 2023 highs and remains within a broader consolidation. Critical support is at $5. If this level is lost, the token may drop to June 2022 lows in the long term in a bear trend continuation formation. Resistance level to watch out for: $5.7 Support level to watch out for: HKEX:5 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
#Uniswap Weak But Bulls Soaking In Selling PressurePast Performance of Uniswap There are lower lows in the daily chart. However, what's evident is that buyers have the upper hand, rebuffing attempts to push UNI lower. As it is, the immediate support is at $5.3, flashing with March 12 lows. In the days ahead, it will be critical to observe how prices will react at the top of the current consolidation at around $6. #Uniswap Technical Analysis UNI prices are down 21% from February peaks but remain bullish from a top-down preview. Even so, buy trend resumption will highly depend on how bulls will flow back and build from yesterday's gains. Already, the March 28 bar is bullish though trading volumes are comparatively low. Ideally, a high volume break above $6 may be the base for the next leg-up that may see UNI race to March 2023 highs at $6.6. If bears flow back, any dip below $5.3 with equally high volumes would confirm sellers of late February. In that case, UNI may drop to $5, retesting critical support levels of H2 2022 and Q1 2023. What to Expect From #UNI? The token is technically bullish but tethered to $5, a psychological support level. If there are gains above $6 as confirmation of March 12 gains, UNI may surge in a resumption of the December to February trend. Resistance level to watch out for: $6.6 Support level to watch out for: $5.3 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
Uniswap: Shake a Leg! 🦵Uniswap should shake a leg now and start moving upwards. The altcoin should push further off the lower edge of our pink trend channel, where it has recently finished wave d in magenta, and soon make it above the resistance line at $9.82. There, our crypto-friend should climb into the turquoise zone between $13.03 and $16.03 to complete wave e in magenta as well as wave 4 in turquoise. Afterward, we expect Uniswap to head southwards again. The altcoin should return below $9.82 and continue the descent until the support at $3.33. Shortly before this mark, it should stop, though, to conclude wave 2 in green. However, there is a 33% chance that Uniswap could slip below $3.33. In that case, the altcoin would develop wave alt.2 in green earlier (and lower).
BINANCE:UNIUSD
by MarketIntel
1
#Uniswap in a Bull Flag, Down 10% with Resistance at $6.5Past Performance of Uniswap On March 15, UNI prices fell 10%, swinging back to bearish territory and reversing gains of early this week. The downtrend remains, and the token is within a bull flag with support at around $5.5, flashing with last week's lows. #Uniswap Technical Analysis The uptrend is valid at spot rates. However, for buyers to stem recent losses, they must break above the descending channel and surge above $6.5, ideally with increasing volumes. Before then, confirmation of yesterday's losses may see Uniswap prices drop to $5.5, an opportunity for sellers to double down. Further dips below this reaction line flashing with the 78.6% Fibonacci retracement level of the November to February trade range may see UNI slip to November lows at around $5. What to Expect from #UNI? Buyers are upbeat, but sellers are adamant, reading from the recent UNI arrangement. As it is, traders remain optimistic, but whether this will pass depends on if bulls will flow back. Comprehensive gains above the descending channel of this bull flag will cement the December to February uptrend. Resistance level to watch out for: $6.5 Support level to watch out for: $5.5 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
1
#Uniswap inside a Rising Wedge, Support At $6.2Past Performance of Uniswap Uniswap prices are within a rising wedge, consolidating, as visible in the daily chart. The uptrend is valid despite bears having the upper hand in the past few days. Still, traders should watch out for how prices perform. If UNI drops below $6.2, there could be more short- and medium-term losses. Conversely, gains above $7.4 and the expanding wedge may pump Uniswap bulls. #Uniswap Technical Analysis UNI is trending, consolidating within an expanding wedge. Overall, sellers appear to be resisting attempts higher. However, with UNI consolidating horizontally, soaking selling pressure, buyers stand a chance. In the days ahead, the primary support lies at $6.2, while resistance is $7.4. Conservative traders can wait for a breakout, aware that losses below $6.2 may see UNI retest at $5. Conversely, any surge above the $7.4 to $7.6 resistance zone may trigger demand, lifting the token to August 2022 high of around $9.6. What to Expect from #UNI? Presently, UNI prices are consolidating inside the expanding and rising wedge. There are clear resistance and support levels. However, since there appears to be accumulation, the best course of action is to wait for a high volume break out in either direction before riding the emerging trend. Resistance level to watch out for: $7.4 Support level to watch out for: $6.2 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
3
#Uniswap in a Rising Wedge, Support At Dec 2022 Highs at $6.5Past Performance of Uniswap Uniswap prices may be wavy, moving in a mix of up and down bears, but the uptrend is clear. Buyers are in control, trading above December 2022 highs of around $6.5. In the days ahead, traders should track how prices react at support, the $6.5, and the middle BB, the 20-day moving average. Sharp gains above yesterday's highs at $7.5 will see UNI climb above November 2022 highs, reversing losses. #Uniswap Technical Analysis The path of least resistance is northwards for UNI. Though prices are wavy with bear and bullish bars in the mix, it is until the coin breaks above $7.5 that conservative traders can accumulate. For now, prices are inside a rising wedge, supporting optimistic bulls. Aggressive traders can buy the dips as long as the coin trades above $6.5, targeting $7.5, and later $9.5, if buyers step up in a bullish continuation formation. If not, losses below $6.5 may see the token drop to $6 and $5.5 in an inevitable correction. What To Expect From #UNI? Buyers could be firm, but the uptrend will be more solid should a convincing, high volume close above the rising wedge. In that case, UNI may rally to $9.5 as buyers double down. Resistance level to watch out for: $7.5 Support level to watch out for: $6.5 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#Uniswap is Bullish, Holding Above Critical Support at $5Past Performance of Uniswap Uniswap is technically bullish, reading from the performance in the daily chart. However, UNI remains under pressure, tightly oscillating around primary support coinciding with the 78.6 percent Fibonacci retracement level of the H2 2022 trade range. #Uniswap Technical Analysis Uniswap has primary support at $5, under pressure in the short term, and aligning with bears of early November 2022. As it is, every high below $5.4 and $6.5 presents liquidation opportunities for sellers targeting $5 or worse. This preview is valid because UNI prices are still within the bearish engulfing bars of November 8 and 9. Besides, since then, trading volumes have been lighter, pointing to apprehensive traders waiting for a clear trend definition. A breakout below $5, confirming losses of early November, may see UNI drop to $4.5 and $3.5 in a bearish continuation formation. What to Expect from #UNI? The path of least resistance is southwards, despite the rejection of lower prices in the better part of Q3 and 4 2022. As long as prices are above $5, Uniswap may recover, reversing the steep losses of this year. Resistance level to watch out for: $5.4 Support level to watch out for: $5 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#Uniswap Solid in a Bullish Uptrend, UNI May Retest $7.8Past Performance of Uniswap Uniswap is solid and bullish at spot rates. Although the crypto market is turning higher, UNI is mainly in a consolidation. The rejection of bears of early November and the steady higher highs relative to the lower BB is massive for optimistic buyers. In the short term, the primary support lies at H2 2022 lows at around $5. On the other end, resistance is at $7.8 and $9.6. #Uniswap Technical Analysis Despite the dump in crypto prices, Uniswap remains within a bullish formation, looking at the performance in the daily chart. UNI has support at around $5, flashing with the 78.6 percent Fibonacci retracement level of the June to August 2022 trade range. Presently, the revival of BTC could lift UNI from spot rates. Therefore, as long as UNI is above $5 and $5.78, traders can buy the dips targeting November high at $7.8. However, there can be a clearer entry above $6.5 or December high. A high volume close above the current consolidation and this liquidation level may fast-track the surge to November high and $9.5 or August high. What to Expect from #UNI? Uniswap prices may be turning the corner as market conditions improve. Traders expect more gains in the days ahead. This outlook will remain valid as long as UNI is above $5.7 and above the recent consolidation. Resistance level to watch out for: $7.8 Support level to watch out for: $5.7 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
#Uniswap within a bullish pattern, UNI strong support at $5Past Performance of Uniswap Uniswap is remarkably resilient at spot rates, steadying above the multi-week support line and within a bullish path from a top-down preview. In the last 24 hours, UNI rose three percent, and prices remain inside the November 9 bearish engulfing bar, a bearish preview. #Uniswap Technical Analysis UNI has support at around $5, flashing with November 9 lows and within Q3 2022 range. At spot rates, UNI has retested the 78.6 percent Fibonacci retracement level of the June to August 2022 trade range, meaning buyers stand a chance. If prices are above $5, swing traders can load the dips in alignment with Q3 bulls, targeting $9.5—or August 2022 highs. However, for conservatives, there could be more opportunities once there is a solid recovery, reversing the losses of November 9. Based on the current formation, there is a risk of UNI plunging below $5 in confirmation of early November losses, pressing UNI towards June lows at around $3.20. What to Expect from #UNI? Bulls are confident, but there must be clear, high-volume gains above $6.5 as confirmation of November 10 losses. In either case, buyers must prove resilient, soaking in selling pressure and sustaining prices above $5 for the continuation of bulls of early Q3 2022. Resistance level to watch out for: $6.5 Support level to watch out for: $5 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
2
#Uniswap Adds 20%, UNI Resistance at $6.8Past Performance of Uniswap Uniswap is up 20 percent from September 2022 lows, per the formation in the daily chart. Despite the shake-off of September 29, the uptrend in the short term remains valid, and $5.2 is a clear support level. In the past trading week, the token is up 10 percent, outperforming the USDT and the stagnating BTC. #Uniswap Technical Analysis The uptrend is valid, as mentioned earlier. Still, conservative traders can wait for a break above $6.8 before loading on dips in a bear continuation formation. If buyers have the edge and UNI soars to new weekly highs, the token could rally to $9.5, allowing traders to hitch the ride up. That will also confirm the significance of $5.2, a reaction line coinciding with the 61.8 percent Fibonacci retracement level of the June to August 2022 trade range. There will be a reason to worry if UNI slumps from spot rates below $5.8 since this could see bears of September 13 flow back, heaping more pressure on the token. What to Expect from #UNI? Uniswap, like most DeFi tokens, has been decimated by bears over the last ten months. Currently, UNI is at a minor liquidation level. However, if there are gains above this M-formation, UNI will likely rally and retest August 2022 highs. Contrary to this outlook, the token will snap bearish if bears press on, diffusing the current upside momentum. Resistance level to watch out for: $6.8 Support level to watch out for: $5.8 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#Uniswap in a Bear Breakout Pattern, UNI Slips 12% in 3 DaysPast Performance of Uniswap Uniswap has not been spared the bear rout. As an illustration, the token is down 89 percent from all-time highs and at risk of printing more losses. From the UNIUSDT candlestick arrangement in the daily chart, the token is within a bear breakout formation. It is trading below local support, now resistance, at around $5.8 as bears set sight on $4.8, or lower, in short to medium term, continuing the free-fall from mid-August 2022. #Uniswap Technical Analysis In a bear breakout formation, UNI is bleeding. Thus far, the token is down 12 percent in three days and 42 percent from August 2022 highs. Since UNI is in a bear breakout arrangement, traders can look for entries on every attempt to retest $5.8. Notably, UNI bear bars are riding the lower BB suggesting intense liquidation pressure and determination by sellers as it diverges from the middle BB—the 20-day moving average. In the days ahead, bears can set sight on $4.7, a level coinciding with the 78.6 percent Fibonacci retracement of the June to August 2022 trade range. This forecast will only change once UNI rallies above $6, reversing the losses of September 18 in a relief rally from around the 61.8 percent Fibonacci retracement level. What to Expect from #UNI? Taking a cue from Ethereum, UNI is free-falling. In a bear breakout formation, the token may drop back to critical Fibonacci retracement levels in the days ahead. However, if UNI bulls flow back, driving the coin above $6, the token may recover in Q4 2022. Resistance level to watch out for: $6 Support level to watch out for: $4.7 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
#Uniswap Flatlines, will UNI Bulls Break the middle BB and $7?Past Performance of Uniswap Uniswap prices are relatively steady at spot rates, moving inside a bear bar but more robust considering gains over the weekend. Per the UN candlestick arrangement in the daily chart, traders can wait for a clear trend definition. As it is, gains above the 20-day moving average with rising trading volumes may see the coin soar to new territories above $7. #Uniswap Technical Analysis Currently, UNI buyers are firm, moving inside a tight trade range, capped by the September 6 bear bar. In the past three trading days, prices have increased, albeit with light trading volumes. Sellers are still in control as long as prices are within the September 6 bear bar from an effort versus results perspective. However, if UNI bulls push prices above $7 with increasing trading volumes in a bullish breakout formation, the 61.8 percent Fibonacci retracement level of the June to August 2022 trade range will be a critical support level. Guided by historical performance, it is highly likely that UNI may retest August highs at $9.5. If not, deeper losses below $5.8 and last week's low could trigger a sell-off. What to Expect from #UNI? The revival in Ethereum and across the crypto market could have a positive bearing on the token, pumping it to new levels. Currently, $5.8 anchors buyers, and the uptrend will be initiated if there are solid gains above $7, preferably with expanding participation. Resistance level to watch out for: $7 Support level to watch out for: $5.8 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#Uniswap Rises 180%, UNI may expand to retest $14Past Performance of Uniswap Uniswap is currently up 180 percent from 2022 lows, inching higher as the crypto tide shifts to favor buyers. UNI is within a bullish breakout formation, adding 10 percent in the past 24 hours to confirm gains posted on July 27. From the daily chart, the odds of UNI further expanding and breaking higher above July 2022 highs remain high. #Uniswap Technical Analysis From the daily chart, UNI prices have strong support at the middle BB, bouncing from the dynamic support level and closing on retesting July 2022 highs. The primary resistance is around $9.7; buyers could clear this level, rising to April highs at about $14. Considering this possibility, traders may find entries to buy the dips with primary support at $8 with targets at $14 in the medium term. Any shift in momentum, forcing prices below this week's low and the 20-day moving average, may see UNI dump to $6. What to Expect from #UNI? Traders are confident, and UNI holders expect more gains in the days ahead. The rejection of bear pressure and the explosion of prices on August 10, following through on July 27, is massive for Uniswap. Based on the current setup, UNI could have more headroom in the subsequent session following steep, crashing losses in H1 2022. Resistance level to watch out for: $9.7 Support level to watch out for: $8 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer