LochubT

UNI, is expected to break through the resistance.

KRAKEN:UNIUSD   Uniswap
The following content is machine translation:

In the 4-hour chart, it is currently in a range-bound trend. The rebound has encountered resistance near 5.5 for many times. Now it has reached the vicinity of 5.5 again, and is expected to break through. The macd indicator refuses to cross upwards and is bullish. In operation, it breaks through 5.5 to do long. After the breakthrough, there is still a heavy resistance as the downtrend line. If it breaks through the downtrend line again, look at the Fibonacci 0.618 near the $7 price.

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