$UNI/USDT 4h (#Bybit) Rising wedge on supply zone

30 set 2022

Uniswap just printed a shooting star that would initiate a pull-back to 100EMA support.

⚡️⚡️ #UNI/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 9.7%

Current Price:
6.478

Entry Zone:
6.576 - 6.798

Take-Profit Targets:
1) 6.132
2) 5.721
3) 5.306

Stop Targets:
1) 7.148

Published By: @Zblaba

Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +24.90% | +43.35% | +61.95%
Possible Loss= -20.67%

Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 3x
Estimated Gain-time= 1-2 weeks

Tags: #UNIUSDT #DEx #AMM #DAO #Yield #Farming #Governance #DeFi #BSC

Website: uniswap.org

Contracts:
#ERC20 0x1f9840a85d5af5bf1d1762f925bdaddc4201f984
#BEP20 0xbf5140a22578168fd562dccf235e5d43a02ce9b1
[...]

5 ott 2022

Trade attivo

All entries filled

Uniswap almost hit TP1 then bounced back on 100EMA support before that and went up to supply zone again.
Clear rejection on upper-line of the wedge but ascending TL is holding the trend, let's remain patient!