UNI-4h. The next target -$5.2.

19 Des 2020

This weekend in the UNI market may be key to the growth trend.
After the start of the correction on November 16, buyers tried three times to break the range of $4.06-4.20.
Having formed a corrective white channel, sellers dominated the market for a month.

However, the sluggish update of the latest local low showed the weakness of sellers in the UNI market.
Our previous idea achieved its target.
The price went beyond the correction channel and for the fourth time storms the range of $4.06-4.20.

Our main target is $5.20. The critical point of the local growth trend of buyers is $3.65. While the UNI price is above this mark - buyers have the initiative.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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