UNI / TetherUS
Short
Updated

UNI looks juicy

100
I'm already in another short but this looks a juicy short opportunity. At 1h you can see here snapshot RSI at 4h is starting to show some bearish DIV but the real confirmation is the OBV and the volume itself (although we still have 2h until the closing).

I think that if the BTC uptrend continues these bearish signals will be invalidated otherwise this should dump within 26h. If UNI dumps most of DeFi tokens will follow.

Use stop loss unless you're using a small position in an isolated margin <-- that's what I usually do because I don't like being stopped and maybe seeing my target being reached, in a very volatile market like crypto it happens very often. It's a thing I don't advice you to do though, you need to be cold even if you go down a lot and it's very risky!

Good luck
Trade closed: stop reached
crearly not the best time to short UNI since BTC is going up. If you opened and didn't put a stop loss it's time to close this. I'm in another short w/o SL (small position) but still it's worrying me. However shorting UNI once this run is over will be epic
snapshot
Trade active
That's a double top on UNI, my short signals is good again!
snapshot

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