UNI's recent trend is quite interesting. After positive news came out, it instead kept falling, which seems a bit abnormal, but my judgment is—this is the market manipulators shaking out the weak hands. Every pullback is a good opportunity to get in.
Although yesterday's rebound wasn't very exaggerated in terms of gains, looking at the four-hour chart makes it clear: the lows of four consecutive candles are rising, indicating that the bullish momentum is actually quite strong.
From the perspective of Chan Theory, UNI has shown a bottom divergence on the 30-minute chart. What does this mean? It likely will trigger a rebound on the 30-minute level. The second buy signal on the 30-minute chart has already appeared, so next, wait for the second buy to cause a pullback, and after constructing a 30-minute central zone, it will be time to exit and take profits.
If you want to follow this market trend, the strategy is very simple—go long. Enter within the range of 5.78 to 5.83, with target prices at 6.01 and 6.12, and set a stop loss at 5.58 to protect yourself. The rest is just waiting for confirmation signals.
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DAOdreamer
· 7h ago
I've said so many times that washing out has been discussed, but whether this time is real or not is still hard to say.
It's all about Chan Theory and the second buy, sounds quite professional, but I haven't seen you make money when it counts.
Is it really possible to buy in at 5.78 and hold to the end? I have my doubts.
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GasFeeCrying
· 7h ago
I'm tired of the saying that the market maker is washing out positions; it's always the same explanation.
It's either Chan Theory or divergence at the bottom. If it were really so powerful, why haven't I achieved financial freedom long ago?
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HashBard
· 7h ago
ngl the "bullish divergence on 30min chart" cope is hitting different today... every time someone breaks out the chan theory it feels like the market's about to do the opposite lmao
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AirdropSweaterFan
· 7h ago
It's the same set of explanations again... Chan Theory, bottom divergence, second buy—every time I hear them, I get it perfectly. But what’s the result?
UNI's recent trend is quite interesting. After positive news came out, it instead kept falling, which seems a bit abnormal, but my judgment is—this is the market manipulators shaking out the weak hands. Every pullback is a good opportunity to get in.
Although yesterday's rebound wasn't very exaggerated in terms of gains, looking at the four-hour chart makes it clear: the lows of four consecutive candles are rising, indicating that the bullish momentum is actually quite strong.
From the perspective of Chan Theory, UNI has shown a bottom divergence on the 30-minute chart. What does this mean? It likely will trigger a rebound on the 30-minute level. The second buy signal on the 30-minute chart has already appeared, so next, wait for the second buy to cause a pullback, and after constructing a 30-minute central zone, it will be time to exit and take profits.
If you want to follow this market trend, the strategy is very simple—go long. Enter within the range of 5.78 to 5.83, with target prices at 6.01 and 6.12, and set a stop loss at 5.58 to protect yourself. The rest is just waiting for confirmation signals.