UNI/USDT is currently facing a significant resistance area between 5.65 and 5.70.
Traders should closely monitor price movements within this range, as a breakout above it could signal a bullish trend continuation.
However, our analysis suggests that a price correction is likely in the near term. We expect UNI/USDT to correct towards the key support level at...
Trade with caution since market is behaving very volatile, don't just trade on breakout check for other confirmations as well before trading with huge quantities.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.25).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
So lets look at the trend , if it doesnt break the bull trend as mentioned above , then it can test again upside target or else if it breaks trend we can again see it hit the support of 13$ and another good opportunity . Hope this is helpful for someone who is about to enter :)
I am NOT A FINANCIAL ADVISOR. This analysis is done on the bases of pure use of lines...
All Videos/Information on this channel are for Education purpose only .They are not buy/Sell Recommendations. Please consult your Financial Advisor before taking any trade or investment decisions.
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (22.60).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UNIUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
