Short

#UNI/USDT 12h (ByBit) Rising wedge breakdown and retest

Updated

Uniswap lost 50MA and looks good for bearish continuation towards 200MA support.

⚡️⚡️ #UNI/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (4.4X)
Amount: 5.0%

Current Price:
6.546

Entry Targets:
1) 6.624

Take-Profit Targets:
1) 5.423

Stop Targets:
1) 7.226

Published By: @Zblaba

#Uniswap #DEx uniswap.org

Risk/Reward= 1:2.0
Expected Profit= +79.8%
Possible Loss= -40.0%
Estimated Gaintime= 1-2 weeks

Note

is going down as expected but entry was missed by 0.066$, unfortunately.

Trade active

ByBit USDT
All entry targets achieved
Average Entry Price: 6.624 💵

went back up and regained 50MA support, does not look too bearish anymore though.

Note

⚡️⚡️ ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (4.4X)
Amount: 5.0%

Entry Targets:
1) 6.624 ✅

Take-Profit Targets:
1) 5.423

Stop Targets:
1) 6.624

Published By: @Zblaba

finally retraced down to 200MA support, but not enough to hit our target (yet), time to secure the trade moving SL to BE.

Trade closed manually

ByBit USDT
Stop Target Hit ⛔️
Profit: -0.0%

reversed and went all the way back up to Break-Even, we got kicked out.

TradingOn

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