$UNI On The Cusp Of A "GOLDEN CROSS".
One of the prominent indications of an upcoming bull run is the formation of the golden cross.
The point where the 50 DMA (daily moving average) overlaps the 200 DMA is known as a golden cross.
📊 After the rejection at $11.5, Uni saw a sharp decline with the delay in "Protocol Upgrade" fuelling the correction.
The support proved strong at the 7 DMA (Yellow line) which floats around $9.4-9.5 and the reversal was astounding with the hint of something big to take place and yet to be announced. This was enough for the buyers to comeback and let the green do the work.
And now we have the Golden Cross (circle) forming on the daily chart and this will be big.
So, already mentioned that $20 is on the way. All we need is the day's closing above $11. Next support lies at $10.5 followed by $10.
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