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Cryptocurrency News Articles
#UNIUSDT - Cup and Handle Pattern Breakout Signals Altcoin Surge
Jan 19, 2025 at 06:01 am
A flawless Cup and Handle pattern has emerged on the 4-hour chart, with UNI successfully breaking above a key resistance level. This bullish breakout indicates a strong move ahead
A flawless Cup and Handle pattern has emerged on the 4-hour chart, indicating a bullish trend. UNI has successfully broken above a key resistance level, signaling a strong move ahead. Based on the depth of the pattern, a price target of $16.47 is established. The setup is solid, suggesting significant upside potential.
Moreover, the Total 3 market cap has broken out of its resistance and completed the retest, indicating a bullish trend. This breakout is significant as it shows that altcoins are preparing for a strong surge. As Total 3 represents the market cap excluding BTC and ETH, this breakout is a clear indication of the altcoin rally.
Notably, liquidity is acting as a gravitational force on price under the current bearish pressure. The market is converging towards the $14.58 liquidity zone with remarkable precision. This level is attracting increasing attention, suggesting a strong focus on this key cluster.
Join my live sessions for precise entry and exit points.
#UNIUSDT #Write2Earn #TradeNTell
#Binance $UNI
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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