Technical Analysis of Daily Price Movement of Uniswap Cryptocurrency, Friday August 18 2023.
August 18, 2023 5:24 am
On the 4 hour chart of Uniswap cryptocurrency, there is the appearance of Bearish 123 patern also it is confirmed by the price movement which is under WMA indicator (20) and CCI indicator which is managed to break below its three main level, then it is confirmed that there is the weakness of Uniswap but stuck on its bullish Fair Value Gap level, so that in the near future there will be upward correction up to the level 5,713. AS long as the upside movement does not exceed the level above 5,995, then the weakness of Uniswap still continues.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
On the 4 hour chart of Uniswap cryptocurrency, there is the appearance of Bearish 123 patern also it is confirmed by the price movement which is under WMA indicator (20) and CCI indicator which is managed to break below its three main level, then it is confirmed that there is the weakness of Uniswap but stuck on its bullish Fair Value Gap level, so that in the near future there will be upward correction up to the level 5,713. AS long as the upside movement does not exceed the level above 5,995, then the weakness of Uniswap still continues.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
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