05.05.202309:56 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of Uniswap Cryptocurrency, Friday May 05, 2023.

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On the daily chart of the Uniswap Crypto currency, it can be seen that the Stochastic Oscillator is getting ready to rise above the Oversold level (20) where this confirms that there will be a correction rally upwards to test the Equal High level of 5,549. If this level is successfully broken above, then the level is Bearish Fair. Value Gap is 5,831-5,911 but this scenario can cancel itself if on its way to these targets Uniswap suddenly returns to its original bias (Bearish) especially if it breaks below the 5,012 level.

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Arief Makmur
Analytical expert of InstaForex
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