UNIUSDT - Nothing much between 8 and 15 once resistance broken
Updated
UNI is finally doing what we all expected it to do back in October 2020.
I can't tell you the opportunity cost I had, as well as lost profits, watching it grind down during that period. A lesson for me in not protecting risk and not falling in love with a trading idea!
The good news is that now we're looking at a really bullish setup. Once that resistance is broken there's not much standing between a markup to $15.
I've set a trailing stop which I will keep manually adjusting, the idea is to keep locking in profit and covering my risk with all DeFi projects.
I do think we'll see this one at $50 this cycle and will go to Saturn once V3 is finally announced.
I can't tell you the opportunity cost I had, as well as lost profits, watching it grind down during that period. A lesson for me in not protecting risk and not falling in love with a trading idea!
The good news is that now we're looking at a really bullish setup. Once that resistance is broken there's not much standing between a markup to $15.
I've set a trailing stop which I will keep manually adjusting, the idea is to keep locking in profit and covering my risk with all DeFi projects.
I do think we'll see this one at $50 this cycle and will go to Saturn once V3 is finally announced.
Note
Resistance broken. If it holds this level, and BTC doesn't nuke = party time.NOTE: I've said this before! haha.
Note
Level is being protected like crazy by bulls.
Related publications
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.