UNI/USD - Where are you going Uni? What is happening? 🚀
UNI exploded today out of the blue... check the volume... 😲
There may be some information we are missing or simply some whale decided to unload on UNI token.
Either way, UNI paints a very bullish chart for several reasons:
1. Volume exploded - bullish
2. We broke BACK into the old channel
3. MACD+RSI exploded, bullish
The trend has clearly reversed and UNI + SUSHI went up after consolidating for most of February and broke above key resistance levels setting in a new ATH.
Bias is bullish, but right now, we may cooldown a bit, look at the volume, we seem to have peaked around this level. To be seen.
Long term UNI could go to $50 easily. We are less than 1x from that now.
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my TA videos on YouTube!
There may be some information we are missing or simply some whale decided to unload on UNI token.
Either way, UNI paints a very bullish chart for several reasons:
1. Volume exploded - bullish
2. We broke BACK into the old channel
3. MACD+RSI exploded, bullish
The trend has clearly reversed and UNI + SUSHI went up after consolidating for most of February and broke above key resistance levels setting in a new ATH.
Bias is bullish, but right now, we may cooldown a bit, look at the volume, we seem to have peaked around this level. To be seen.
Long term UNI could go to $50 easily. We are less than 1x from that now.
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my TA videos on YouTube!
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