UNI looks primed

Aktualisiert
After a 22 months long bear market UNI finally breaks the market structure.

Deviation -> Reclaim -> Consolidation -> Breakout

To me it looks good. Targeting the red area.
Anmerkung
UNI has been stalling slightly above the diagonal for a few weeks now, maybe too many weeks. Not showing enough relative strength against BTC.

If it goes back into the pattern I wouldn't be as much optimistic on the idea.

Below $5.2 the deviation thesis gets invalidated.
Trade wurde manuell geschlossen
The setup has become suboptimal. It's taking too long to show the slightest sign of strength.
Trade wurde manuell geschlossen
Chart PatternsTechnical IndicatorsTrend AnalysisUNIuniswapuniusdt

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