UNI has been trading in a horizontal channel since the may drop.
As it set in a significant higher low last week at around 21$, some indicators are turning bullish (On the daily chart: VIX printed a clear bottom, MACD turned bullish , RSI is making higher lows),
possible signalling that UNI is ready to break out of the channel.
When it breaks out, possibly uses the channel as support, it will easily surpass it's previous ATH.
In case BTC or ETH would drop, UNI will probably lose it's momentum to and we will continue trading in this channel.
In both cases, good opportunity
As it set in a significant higher low last week at around 21$, some indicators are turning bullish (On the daily chart: VIX printed a clear bottom, MACD turned bullish , RSI is making higher lows),
possible signalling that UNI is ready to break out of the channel.
When it breaks out, possibly uses the channel as support, it will easily surpass it's previous ATH.
In case BTC or ETH would drop, UNI will probably lose it's momentum to and we will continue trading in this channel.
In both cases, good opportunity