🔎 I'm currently analyzing UNI/USDT (Uniswap paired with Tether) and observing a clear bearish trend 📉 on the daily timeframe. Price has recently tapped into a key support zone 🟦, and we’re now seeing a short-term retracement from that level.
However, with Bitcoin currently overextended ⚠️ and showing signs it may pull back, there's a strong possibility that UNI could continue to drop if BTC rolls over. Correlation plays a major role here. 📊
In this video, I break down essential elements of the chart:
📌 Market Structure
📌 Price Action
📌 The prevailing Trend
📌 Key Support & Resistance Zones
You'll also hear my personal take on a potential trade setup — if price action continues to unfold in line with the criteria discussed.
📚 This content is for educational purposes only and is not to be considered financial advice. 🚫💼
UNI Price Action Breakdown. Support Hit but is there More Downside?
However, with Bitcoin currently overextended ⚠️ and showing signs it may pull back, there's a strong possibility that UNI could continue to drop if BTC rolls over. Correlation plays a major role here. 📊
In this video, I break down essential elements of the chart:
📌 Market Structure
📌 Price Action
📌 The prevailing Trend
📌 Key Support & Resistance Zones
You'll also hear my personal take on a potential trade setup — if price action continues to unfold in line with the criteria discussed.
📚 This content is for educational purposes only and is not to be considered financial advice. 🚫💼
UNI Price Action Breakdown. Support Hit but is there More Downside?
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🔥👀👉 HOW TO TRADE ASIA, LONDON & NY SESSION OPEN:
🔗 youtu.be/r_uDB22ccPA
👀 👉Join Our DISCORD:
🔗 discord.com/invite/PcBeCdwVQq
👀 👉 TELEGRAM:
🚀🔗 t.me/anthonys_forex
🔗 youtu.be/r_uDB22ccPA
👀 👉Join Our DISCORD:
🔗 discord.com/invite/PcBeCdwVQq
👀 👉 TELEGRAM:
🚀🔗 t.me/anthonys_forex
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.