$UNI This wave was bought up in the spot market, and I順手* took out the shorts. It isn’t like $ZEC where there’s a strong controlling party forcing it hard. The move is relatively healthy. But the shorts have also been nearly killed off.
There’s liquidity up at 9.3. Down below, the 7.5–8.0 area is very thick. Long-term positions are just set up in the lower range; if it reaches there, then you eat, if not, then you go with the flow. UNI has just started, but you need to wait for the broader market to pull back a bit first before there’s an opportunity. Range: 9.3 / current price 8.6 / 7.5 / 7.0. If it keeps getting stronger, it might pierce the upper bound, but for the long term I’m only watching the lower bound.
There’s liquidity up at 9.3. Down below, the 7.5–8.0 area is very thick. Long-term positions are just set up in the lower range; if it reaches there, then you eat, if not, then you go with the flow. UNI has just started, but you need to wait for the broader market to pull back a bit first before there’s an opportunity. Range: 9.3 / current price 8.6 / 7.5 / 7.0. If it keeps getting stronger, it might pierce the upper bound, but for the long term I’m only watching the lower bound.
