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UNISWAP - Reversal Patterns đź‘€

UNI / TetherUS (BINANCE:UNIUSDT)  
WicktatorFX  
BINANCE:UNIUSDT   UNI / TetherUS
Trend Analysis Chart Patterns Wave Analysis uniswap uniusdt signal cryptowick BTCUSDT BTCUSD dogecoin reversalpattern Elliott Wave
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trendanalysis chartpattern waveanalysis uniswap uniusdt signal cryptowick btcusdt btcusd dogecoin reversalpattern elliottwaves
Uniswap has recently broken out of a descending wedge, which is a common reversal pattern. After breaking out, we appear to be coming back to the lows - possibly double bottom, which is another reversal pattern. Both the descending wedge and double bottom patterns are indicating that we may get a bullish reversal very soon!

Trade Idea:
- Watch for price action around the double bottom region
- Once bullish PA appears, enter with stops below the lows
- Targets: 28, 44, actively manage the rest

Goodluck and as always, trade safe!
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