The $6.00 weekly level seems to be holding for Uniswap nicely as a reclaim looks to potentially be forming.
We had a break of the downtrend most recently and the slow stochastic is extremely oversold as well. In addition to this, the current weekly candle is above the support point within the demand zone (green rectangle). We still have a lot of week left in the candle though but if we close still above these areas, I will add more to my
UNI position.
We shall see. (my prior buys are in the green labels)
We had a break of the downtrend most recently and the slow stochastic is extremely oversold as well. In addition to this, the current weekly candle is above the support point within the demand zone (green rectangle). We still have a lot of week left in the candle though but if we close still above these areas, I will add more to my
UNI position.We shall see. (my prior buys are in the green labels)
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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.