TradeDog-Research

UNI-USDT(Ascending Triangle Breakoout)

Long
BINANCE:UNIUSDT   UNI / TetherUS
1. With TVL in the DEX protocols standing at $16 Bn , Uniswap stands in the third position with $4 Bn locked in its protocol.
2. UNI has been trading above its 20 and 50 DEMA . It is not able to sustain above $35. Closing above $35 on Daily Time Frame may trigger fresh buying to the upside to the levels of $39 followed by $45.
3. The support to the lower side is present at $32.5.

Comments

it was wedge pattern..and its bearish pattern
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