Uniswap Scalp

We have a lot of bullish divergence along with a Wave 5 bottom here. The RSI and Momentum looks good on multiple time frames. I see this as a short term trade based on the current market conditions. In my opinion, the risk to reward is too good to pass up right now. We have a lot of resistance around the scalp target so I see that as a good place to take profits.

This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.