BINANCE:UNIBUSD
rising channel on the 4 hr time frame, short term down side 68% chance of further slippage, tight stop losses always as uni can move fast in either direction, usually a precursor to bitcoin, Long term bullish when it breaks out this long term falling wedge for some big gains. could be couple weeks away judging by the charts.
Fundamental Analysis:
Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.
An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token...
Forming a good rising wedge in the Three hourly chart here. Will look for shorting opportunities using the 15 Or 30 Minute timeframes near the wedge resistance.
Add it to your watchlist too...
