Bitcoin Trend Analytics August 12UNI has jumped out of the downward channel and initially entered consolidation. It has come near to the edge of heavy resistance and trying to breakout and expand the consolidation range.
Although coming out of the downward channel, UNI has not formed a short-term bullish channel.
Short-term bullish, mid-term consolidation
The support of the short-term bulls is at $8.02; $6.16
