1H equilibrium near ATH looking extremely bullish

2 ก.พ. 2021

UNI looking a lot like a bullish cup & handle in an hourly equilibrium very close to the ATH. One thing I've learned over the last couple weeks is not to sleep on this name as moves to the upside tend to be swift and without much consolidation.

2 ก.พ. 2021

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Update: Equilibrium surprisingly broke bearish on the 1H. Cup & handle leading to ATH still possible but from the mid to low 18's will mean that bulls will be more extended once ATH is reached and therefore will likely have less momentum to break it by a significant amount before having to cool rsi and consolidate (i.e. what ETH has been doing on the last 3-4 ATH breaks)

Suspect ETH bull momentum stealing the show from DeFi temporarily as other names broke short term bear overnight as well