it seems like the price respected the trendline. Could that 15ish be the end of wave "C" or $UNI ?
let's see.
The downside of uni is the 10B market cap. Cant expect for another 5x so soon (50B market cap).
insotinsights
Dec 15, 2024
So far $UNI is threading at median. If bear traps are set, a quick trip to deep C may follow. However, this could be for short term only as mother $BTC is still searching for new high in this cycle. I'm buckled up for the longer ride.
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$UNI What i would want to see is for price to go sideways in blue zone to form a new base. Historically, uni have deep range sideways where shorterm traders will be battling. Still hoping it can break it's ATH marketcap.. in years time😅. Light green maybe too optimistic, and painful at the sametime for those whose SL were hit.
But if it goes back below 10, that might be a chance to add a little more.. and watch market bear & bull whipsawing each other.
So far uni is one of the busiest dex. All hopes are invalid if uni becomes less preferred dex.