Hello everyone, let's take a look at the UNI to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 11.32, if the support breaks down, another one is $ 10.59, then we have a support zone from $ 9.60 to $ 8.38.
Now let's move from the resistance line, as you can see the first resistance is $ 12.28, if you can break it the next resistance will be $ 13.82 and $ 12.28.
Looking at the CHOP indicator, we can see that in a 4-hour period, despite the last move, we still have some energy in the near future.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 11.32, if the support breaks down, another one is $ 10.59, then we have a support zone from $ 9.60 to $ 8.38.
Now let's move from the resistance line, as you can see the first resistance is $ 12.28, if you can break it the next resistance will be $ 13.82 and $ 12.28.
Looking at the CHOP indicator, we can see that in a 4-hour period, despite the last move, we still have some energy in the near future.
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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.
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.