UNI / TetherUSLong
UNIUSDT: Breakout & Retest Done!!
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Let's analyse AICUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.
TECHNICAL ANALYSIS:
UNIUSDT has successfully broken out of the triangle pattern and retested the breakout level. The price is now poised for a rebound above the green box support zone, which aligns with the 0.5 Fibonacci retracement level. This bullish move is further supported by the confluence of the 100-EMA and 200-EMA on the weekly timeframe. Anticipating a strong rebound from this level towards the target zones.
Entry Zone:
CMP to $9.3
Targets level:
$19
$25.7
$38.3
$106.2
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyse AICUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.
TECHNICAL ANALYSIS:
UNIUSDT has successfully broken out of the triangle pattern and retested the breakout level. The price is now poised for a rebound above the green box support zone, which aligns with the 0.5 Fibonacci retracement level. This bullish move is further supported by the confluence of the 100-EMA and 200-EMA on the weekly timeframe. Anticipating a strong rebound from this level towards the target zones.
Entry Zone:
CMP to $9.3
Targets level:
$19
$25.7
$38.3
$106.2
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
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.
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.