Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Sellers’ momentum may increase in Uniswap market
Uniswap Price Analysis – 01 June
Uniswap levels of $4.7 and $4.5 will be put to the test if sellers are successful in lowering prices below the $4.9 support level. The $5.7 and $6.4 resistance levels might be broken if there is enough purchasing pressure to get past the $5.1 resistance level.
UNI/USD Market
Key Levels:
Resistance levels: $5.1, $5.7, $6.4
Support levels: $4.9, $4.7, $4.5
UNI/USD Long-term Trend: Bearish
In the daily view, Uniswap is moving in a bearish direction. A descending channel has already formed on the daily chart. The $6.6 resistance level reversed the upward momentum. The Uniswap market has been dominated by sellers for more than a month. As the sellers applied further pressure during the preceding three weeks, the price dropped below the $6.4 barrier and $5.7 level. The price has been below the previous level for the past week and has crossed the $5.1 threshold. The price is currently at a low of $4.9.
Uniswap is traversing the two EMAs. The $5.7 and $6.4 resistance levels might be broken if there is enough purchasing pressure to get past the $5.1 resistance level. The price levels of $4.7 and $4.5 will be put to the test if sellers are successful in lowering prices below the $4.9 support level. A sell signal is evident when the period 14 relative strength index bends lower at level 41.
UNI/USD Medium-term Trend: Bearish
Uniswap’s 4-hour chart indicates a bearish bias. The price movement has developed a downward channel. A few weeks ago, as the price crept up to $6.6, the excitement among cryptocurrency investors began to evaporate. As more sellers entered the market, the price of the cryptocurrency dropped. The price breaks through the $5.7 support level and drops all the way to $5.1. The price is currently falling away from the $ 5.1 level as sellers respond to the fall.
Presently, sellers are exerting pressure on the price. Uniswap is currently trading just below both the 9-period and 21-period exponential moving averages.
You can purchase Lucky Block here Buy LBLOCK
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
