Uniswap (UNI): Breakout From Resistance & 200EMA | Re-Test?

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Uniswap had a strong breakout from the resistance zone, which is aligned with the 200EMA line. Now we had a breakout, which also led the RSI into the overbought area but what we did not see is any kind of retest of those broken zones so this is what we are looking for at first.

From there, depending on whom the dominance at that zone will fall to, according to that, we are going to look for either a long position or a short.

Swallow Academy

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