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Uniswap analysis: UNI price can double based on a classic technical pattern

06/30/2022

Less than a minute

2022.06.30 07:30

Uniswap analysis: UNI price can double based on a classic technical pattern

Uniswap (UNI) market valuation could grow by 100% in the second half of 2022 as it paints a classic bearish reversal pattern.

Dubbed “,” the technical setup takes shape when the price forms three troughs in a row below a common support level (neckline), with the middle one (head) deeper than the other two (shoulders).

06/30/2022

Less than a minute

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