UNISWAP - Time to buy again?

Sep 30, 2020

It seems like the downmove is close to its end, which makes me feel bullish regarding the UNI token, again... I see similar situation as before, at the last bigger up-move. On h4 the MACD is trying to turn back to the green zone again, slowly, while on h1 the price is about to draw a clean and strong continuous divergence. If it all happens, that will confirm a buy signal at around $4.000 or somewhere in the $3.9 - $4.2 zone. What do you think?

Oct 1, 2020

Trade active

Already in 10% +, which is a nice amount of profit if you jumped in at around $4.000. I'm still in, and keep watching the price, but for more conservative traders this level could be a good one to realize some profit. I think there are still enough room to go higher, even if we could get some strong bearish candle here and there, inside the rally, as always. Will see what's coming...