Uniswap Market Is Still Pretty Healthy In Terms Of The Movement Higher Price 🙄

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(Edited)

The market in uniswap is actually still following an overall trend this trend it's not a steep slope it's very minor but it is an upward trend if we were to follow these points of lows on these daily price bars .
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We can actually follow where the market could possibly be headed in order to hold support we'll hold that line there in uniswap we're trying around 18 dollars i look in the background of this chart and i really don't see any definitive ideas of support .

I could see the market in uniswap trying to come to these highs around to try to hold that support because i'm seeing areas of points to where trading has came and hit that number of about 17 dollar.
You see that the trap is already coming down and testing that line it is already coming through and trying to hold price about 17 dollar our biggest ideas will come from a longer term perspectives this market.
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You see that the weakness is still present so much so that we're not necessarily expecting the market to try to hold that 18 price at support the next level would be for us to come down towards 16 dollars back down to this line .the market for uniswap and it definitely seems as if the market's going to try to come and test that line or at least around 16 doppars

What anyone tries to tell you when you see this happen there's not an opportunity to come in and buy those dips this is how so many people get locked up in some very bad positions because people are telling you to come in and buy these dips and the market hasn't completed the dipping process it hasn't stopped dipping .

The market and purchase once the dip stops you don't come in and buy the dip because eventually you'll run out of money to where you won't continue to buy the dip and you're being lost positions because the market continues to fall in price.

Posted Using LeoFinance Beta



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