$UNI/USDT 30m (Binance Futures) Falling wedge breakout & retest

28 set 2021

Uniswap regained 50MA support and will probably pull-back to it before continuing bullish!
More information about that DeFi governance token on uniswap.org

Current Price= 23.767
Buy Entry = 23.563 - 23.001
Take Profit= 24.799 | 26.544 | 27.866
Stop Loss= 22.064

Risk/Reward= 1:1.25 | 1:2.26 | 1:3.76
Expected Profit= +19.56% | +35.49% | +59.07
Possible Loss= -15.69%

Fib. Retracement= 0.702 | 1 | 1.414
Margin Leverage= 3x
Estimated Gain-time= 5 days

28 set 2021

Trade attivo

First entry filled

Uniswap dipped to demand zone and instantly bounced back, let's reach some targets now! 🙏🏼

29 set 2021

Trade attivo

Second entry filled

Uniswap is still ranging inside the buy zone, let's extend the gain-time since it could take a bit longer.

4 ott 2021

Trade chiuso: obiettivo raggiunto

TP2 reached with +35.49% (3x) and +2.68R

After retesting 100EMA several time, Uniswap finally broke-out and seems to be forming a bull-flag now!
Up-trend is intact and bullish continuation is in play, SL adjusted to 1st entry (23.563$)