Uniswap: ⬆️ Buy
– Uniswap reversed from support area
– Likely to rise to resistance level 5.50
Uniswap cryptocurrency recently reversed up from the support area between the support level 4.715 (which has been reversing the price from November) and the lower daily Bollinger Band.
The upward reversal from this support area is likely to form the daily Japanese candlesticks reversal pattern Bullish Engulfing.
Given the strength of the support level 4.715 and the oversold daily Stochastic, Uniswap cryptocurrency can be expected to rise to the next resistance level 5.50 (former support from the start of January).
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