✴️ Uniswap Clear Bottom Signal, Long-Term Higher Low

16 giu 2023

Ok... Let me explain my thinking to you, my dear friend, behind this chart.

✔️ Fundamental analysis

Uniswap is a DEX and that's a point in favor.
Since all the CEX are under attack, people are starting to appreciate the benefits of DEX but that's not all, the chart is what really matters because fundamentals can be good and prices go down, fundamentals can be bad and prices go up; It is more based on market cycle rather than everything else.

But being a DEX is a point in favor specially in 2023 now that the Cryptocurrency market is 14 years old and growing.

Many people have experience and love to diversify, for security, for protection, for ease and peace of mind. Great choice, this is wise.

✔️ Technical analysis

The bottom signal is absolutely clear in June 2022 with the Inverse Head & Shoulders, or simply three drops before a recovery takes place.

Fast forward 1 year, the biggest attack in the history of Cryptocurrency and Uniswap produces a strong red candle 10-June and starts to recover right away.

In the past we had this complex recovery pattern, in the present we get a simple "v shape". The law of alternation once more.

We have multiple days green, straight up and a year long higher low.

Last year the June bounce lead to 193%.
Since we have a higher low in place, this time it can be better.

I want to buy this one with a bunch of X... If you can do it, make a plan and go ahead.

Namaste.

18 lug 2023

Nota

Lev. 6X

1) $5.00 > Hit 25-June (+61%)
2) $5.42 > Hit 25-June (+116%)
3) $5.90 > Hit 14-July (+178%)
4) $6.55 > Hit 18-July (+265%)
5) $7.30
6) $7.81
7) $8.45