Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
On the weekly timeframe, UNI is holding both the support trendline and the horizontal ray support, ranging between $3.89 and $4.67. This is a crucial support range for UNI, and maintaining this range will likely lead to a rebound followed by a bullish move.
The actual confirmation of a bullish trend will occur when UNI breaks above the resistance trendline. For now, a rebound is essential for the price to remain positive.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!