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Uniswap (UNI) - May 24

BINANCE:UNIUSDT   UNI / TetherUS
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(UNIUSDT 1W Chart)
With a huge drop, it returned to the vicinity of the listing price.

Investing in coins that show this flow is actually 'crazy (?) !' I think.

For full-scale investment, it is recommended to proceed after confirming that it is supported at 11.42 or higher.


(1D chart)
Since the volume profile section is formed near 5.15, it is necessary to check whether it is supported at 5.15 or higher.

If it rises above the MS-Signal indicator, it is expected to turn into an uptrend from a short-term and medium-term perspective.

However, it is not recommended to trade in the range of 11.42-15.0 or less because there is a high possibility of a mid- to long-term investment area.

When trading in the mid- to long-term investment area, it is recommended to trade in a short-term way to increase the number of holdings that correspond to profits.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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