REDATOR Ben Graham Posted January 9 REDATOR Report Share Posted January 9 [Uniswap] With RSI(144) condition in the Neutral-Bearish area and EMA(950) & EMA(200) which forming a Death Cross, It can be confirmed that today Uniswap is under pressure from sellers to at least reach its nearest support level.Key Levels1. Resistance. 2 : 5.9862. Resistance. 1 : 5.7403. Pivot : 5.5584. Support. 1 : 5.3125. Support. 2 : 5.130Tactical ScenarioPressure Zone: If the price breaks down below 5.312, there is potential for weakness to 5.312.Momentum Extension Bias: If 5.312 is also broken to the downside, Uniswap may continue weakening toward 4.884. Invalidation Level / Bias RevisionThe downside bias is restrained if Uniswap unexpectedly strengthens and breaks and closes above 5.986. Technical SummaryEMA(50) : 5.546EMA(200): 5.764RSI(14) : 55.31Economic News Release Agenda:Tonight, when the U.S. session opens, the following economic data will be released:US - Average Hourly Earnings m/m - 20:30 WIBUS - Non-Farm Employment Change - 20:30 WIBUS - Unemployment Rate - 20:30 WIBUS - Building Permits - 20:30 WIBUS - Housing Starts - 20:30 WIBUS - Prelim UoM Consumer Sentiment - 22:00 WIBUS - Prelim UoM Inflation Expectations - 22:00 WIBThe material has been provided by InstaForex Company - www.instaforex.com Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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