Hello traders, UNI / USDT is in a downtrend with little return of sell volume.
It just broke a rising trend line so psychology is undergoing a shift at the same time and has successfully tested its horizontal support.
A very important point is the downside divergence on the chart on the RSI the check has been made.
Strong potential to join it as long as it does not break the continuation will remain bearish and a raise is always possible on a new upward trend line in (blue).
The return of purchase volume will confirm a return to purchase, otherwise it will head to its next support area.
This is not investment advice but a usage recommendation.
Thank you for taking the time to read my analysis.
I hope you enjoyed it.
Comment on your ideas in the dedicated description area.
Please like and follow, thank you.
It just broke a rising trend line so psychology is undergoing a shift at the same time and has successfully tested its horizontal support.
A very important point is the downside divergence on the chart on the RSI the check has been made.
Strong potential to join it as long as it does not break the continuation will remain bearish and a raise is always possible on a new upward trend line in (blue).
The return of purchase volume will confirm a return to purchase, otherwise it will head to its next support area.
This is not investment advice but a usage recommendation.
Thank you for taking the time to read my analysis.
I hope you enjoyed it.
Comment on your ideas in the dedicated description area.
Please like and follow, thank you.