UNI prime
Updated
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.
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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.
Note
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.
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