thecryptochart

Crypto - Uniswap Wyckoff Accumulation - Get Long

Panjang
BINANCE:UNIUSDT   UNI / TetherUS
I see a Wyckoff accumulation where the spring has just formed. It takes out the previous low in a swing failure pattern. When the peeps that were stopped out fomo back in we run up quickly. There is also a spinning top reversal on the spring supporting the Wyckoff theory. Love complimentary signals. For higher probability trade wait for SOS to form.

Volume is low on the selling that created the spring.

RSI is higher on the new low showing a bullish divergence.

Stochastic is low showing that the selling is ending and we are ready to bounce.

Price = 5.42

Target 1 = 6.50

Stop Loss: 4.95

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.