Uniswap seems more than sweet for a potential breakdown from current support zones.
If we get a clean breakdown, we will see a nice freefall, breaking both 100 and 200 EMA as well.
Swallow Team
If we get a clean breakdown, we will see a nice freefall, breaking both 100 and 200 EMA as well.
Swallow Team
Note
Uniswap is not showing any weakness yet, so we might see some bounce inside the triangle pattern. Eventually, we will see either a breakdown or a breakout!
Note
Uniswap is back at its weak point after yesterdays attempt to push to higher zones here.
As price is showing some downward momentum right now, it seems to be coming to an end for a potential breakdown, so keep an eye on it 😉
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🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
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.