UNI is prime for a move up, 4 h and daily timeframe starting to look oversold. Local HnS formed. Waiting for the breakout of the HnS and the descending wedge.
The most interesting part of UNI price action is the volume of the last few bars. The volume was extremely high which suggest sellers are locally exhausted, they tried to push the prices lower without succeeding creating an imbalance of supply and demand.
I am expecting higher prices with the targets highlighted in the chart.
Also, this high volume is on strong support, which reinforces its strength and the bullishness of the signs.
If you like the content FOLLOW ME, SHARE the chart nad LIKE.
You will help me to grow and other people to improve...I really much appreciate it.
If you have any questions feel free to COMMENT below.
The most interesting part of UNI price action is the volume of the last few bars. The volume was extremely high which suggest sellers are locally exhausted, they tried to push the prices lower without succeeding creating an imbalance of supply and demand.
I am expecting higher prices with the targets highlighted in the chart.
Also, this high volume is on strong support, which reinforces its strength and the bullishness of the signs.
If you like the content FOLLOW ME, SHARE the chart nad LIKE.
You will help me to grow and other people to improve...I really much appreciate it.
If you have any questions feel free to COMMENT below.
Nota
UNI is getting ready for a nice push. It has reached my first target and pull back on the support. I am looking at 32 and as a final target 36. Get ready.Declinazione di responsabilità
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
