$UNI/USDT 30m (Binance Futures) Falling wedge breakout & retest
Uniswap regained 50MA support and will probably pull-back to it before continuing bullish!
More information about that DeFi governance token on uniswap.org
Current Price= 23.767
Buy Entry = 23.563 - 23.001
Take Profit= 24.799 | 26.544 | 27.866
Stop Loss= 22.064
Risk/Reward= 1:1.25 | 1:2.26 | 1:3.76
Expected Profit= +19.56% | +35.49% | +59.07
Possible Loss= -15.69%
Fib. Retracement= 0.702 | 1 | 1.414
Margin Leverage= 3x
Estimated Gain-time= 5 days
More information about that DeFi governance token on uniswap.org
Current Price= 23.767
Buy Entry = 23.563 - 23.001
Take Profit= 24.799 | 26.544 | 27.866
Stop Loss= 22.064
Risk/Reward= 1:1.25 | 1:2.26 | 1:3.76
Expected Profit= +19.56% | +35.49% | +59.07
Possible Loss= -15.69%
Fib. Retracement= 0.702 | 1 | 1.414
Margin Leverage= 3x
Estimated Gain-time= 5 days
Trade active
First entry filledUniswap dipped to demand zone and instantly bounced back, let's reach some targets now! 🙏🏼
Trade active
Second entry filledUniswap is still ranging inside the buy zone, let's extend the gain-time since it could take a bit longer.
Trade closed: target reached
TP2 reached with +35.49% (3x) and +2.68RAfter retesting 100EMA several time, Uniswap finally broke-out and seems to be forming a bull-flag now!
Up-trend is intact and bullish continuation is in play, SL adjusted to 1st entry (23.563$)
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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.