Uniswap
Long

UNISWAP Targets 50$ Range

555
Uniswap has been consolidating in an ascending triangle pattern. Breaking upwards, it will be targeting the 50$ mark which is also the fib 2.618 extension from the last swing high to swing low.
The low volume inside this triangle is a confirmation of a reaccumulating zone.

Uniswap mainnet V3 launch is scheduled for May 5 which could be the catalyst for the breakout when we reach closer to the apex.

Not financial advice

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