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Tuesday, May 18, 2021

UNIUSDT H8: PRICE/RSI DIV WARNING / pullback MODE(SL/TP)(NEW)

UNIUSDT H8: PRICE/RSI DIV WARNING / pullback MODE(SL/TP)(NEW)

UNI / TetherUS BINANCE:UNIUSDT

UNIUSDT H8: PRICE/ RSI DIV WARNING / pullback MODE(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

NOT a setup to SHORT UNIUSDT. Just showing
signs of weakness and recommend to stay out
of this market into the pullback.

πŸ”Έ Summary and potential trade setup
::: UNIUSD 8hour chart review
::: not a great looking chart
::: price/ RSI div very clear on H8 TF
::: expecting correction/pullback mode
::: pullback required to attract
::: new buyers from the lows
::: 20-30% pullback possible next
::: 2-4 weeks in June 2021
::: right now limited upside
::: positions traders should wait for
::: better entry prices later after
::: pullback is complete in June 2021
::: similar setup in SUSHI USDT it's
::: also overextended right now
::: BULLS remain on sidelines and
::: be ready to BUY LOW later
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW 4.30 BUY/HOLD
::: TP BULLS +50% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY and get paid. period.
πŸ”Έ Supply/Demand Zones
::: N/A
::: N/A
πŸ”Έ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.



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