UNI is now forming an almost perfect triangle with a clear support trendline and resistance trendline.
I am expecting a bounce back to the resistance around the level of 17,5 USDT (potentially local resistance - 16,65 USDT) If we break the triangle support trendline we will continue the downtrend to the nearest support zone which is around level 14 USDT.
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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.