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$UNI/BTC 4h (Binance Spot) Falling wedge breakout
UNI / Bitcoin
Long
$UNI/BTC 4h (Binance Spot) Falling wedge breakout
By TradingOn
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Updated
Mar 17, 2021
0
Mar 15, 2021
Uniswap is up-trending and has broken bullish of that wedge, let's grab some!
Current Price= 0.00053950
Buy Entry= 0.00052517 - 0.00050887
Take Profit= 0.00059411 | 0.00064612 | 0.00074413
Stop Loss= 0.00046379
Risk/Reward= 1:1.45 | 1:2.43 | 1:4.27
Expected Profit= +14.91% | +24.97% | +43.93%
Possible Loss= -10.30%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Mar 17, 2021
Trade active
▶️
U
UNI/BTC
4h: Trade active, first entry filled
#Uniswap may go for the 2nd one before the pump I expect, but support looks solid!
Mar 23, 2021
Trade closed: target reached
TP1 reached with +14.91% (1x) and +1.5R
#Uniswap perfectly respected 200MA support and bounced, nice profit so far and probably more to come!
Mar 23, 2021
Trade closed: target reached
TP2 reached with +24.97% (1x) and +2.43R
#Uniswap kept going and was not even bothered by yesterday's drop!
Apr 27, 2021
Trade closed: target reached
TP3 would have been reached with +43.93% (1x) and +4.27R
Uniswap pumped again hitting last target this time but we were out, congrats if you held!
Trend Analysis
UNI
uniswap
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