Bears still tightening the grip on Aave & Uniswap

Recently the crypto market has been showing some bullish signs and we saw Bitcoin trading above $40.000 and the other altcoins responded but now from the previous day the global market capitalization is down -2.77%.


Aave is trading on the area where there is a bullish order block and at 1 time it tried to push up but after the previous bullish candle it was followed by a 2 dogi's and the current daily candle we are on is currently bearish.

We are also at the support zone which was tested 7 times and there are higher chances that it can be weakening. We have to see by the end of this week, if the price close above $325 then there are chances that it can continue bullish



Uniswap is now trapped under the resistance line at $25 and a trendline slopping downwards. Its going down and its likely to test $17, currentlt its trading at $22 maybe from this bearish streak we are on we see the structure it forms after it reached $17.



We are still in a bearish market on both crypto assets, so we still have to wait for the right moment then if an opportunity presence itself then we grab it with both hands.

How do you rate this article?



Defiant Pathfinder
Defiant Pathfinder

I refuse to giveup

Defiant Pathfinder
Defiant Pathfinder

I am Unstoppable & Unpredictable

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.