The #UNI cryptocurrency has entered a Falling Wedge pattern, signaling a potential long trade opportunity. The golden pocket, 19% above the current price, is now within reach. Meanwhile, the Anchored VWAP (Volume-Weighted Average Price) is almost aligned with the diagonal area of resistance, indicating a strong buying momentum.
In contrast, Bitcoin’s DASH (BTC.D) has broken its major support, making it bearish for BTC.D and paving the way for a relief rally on altcoins. Total3 has also broken out its Volume-Weighted Average Price High (VAH), targeting the 0.618 Fibonacci level, which is a bullish indication for altcoins.
In the long term, USDT.D is super bearish, suggesting an impending altcoin season. This signals investors to be prepared for potential gains in alternative cryptocurrencies.
For this trade, the entry point is $10, with a target price of $12 and a stop-loss limit at $8.5. To join the live stream and receive these premium crypto signals, click on the author’s profile picture.
Source: https://www.binance.com/en/square/post/20328020484450