[Uniswap]
With both of EMAs forming a Death Cross and the RSI in the Neutral-Bearish level, Uniswap has the potential to decline today.
Key Levels
1. Resistance. 2 : 6.324
2. Resistance. 1 : 6.070
3. Pivot : 5.858
4. Support. 1 : 5.604
5. Support. 2 : 5.392
Tactical Scenario:
Pressure Zone: If the price of Uniswap breaks down below 5.604, it may have the opportunity to test the level at 5.392.
Momentum Extension Bias: If 5.392 is broken, Uniswap could decline toward 5.138.
Invalidation Level / Bias Revision:
The downside bias is restrained if the price of Uniswap weakens and falls below 6.324.
Technical Summary:
EMA(50) : 5.836
EMA(200): 5.862
RSI(14) : 36.72
Economic News Release Agenda:
Tonight from the U.S. market, there will only be one economic data release which is Unemployment Claims on 20:30 WIB.
