Uniswapלונג
$UNI next rally takes it into $50s
Copying and pasting the parallel ascending channel of the recent consolidation, I found UNI has continually respected this price range since the beginning of its rally in November. Combining the channels with 2 different sets of fibonacci extensions, you get an interesting look at UNI price behavior. After trading around the $31-32 fib level while also staying within the parallel channel for 2 months now, UNI has broken out and is consolidating at the top of the channel. I think UNI continues to rally to $50 and likely overshoots the fib extension to $55 before another period of consolidation.
UNI has continually respected this price range since the beginning of its rally in November. Combining the channels with 2 different sets of fibonacci extensions, you get an interesting look at UNI price behavior. After trading around the $31-32 fib level while also staying within the parallel channel for 2 months now, UNI has broken out and is consolidating at the top of the channel. I think UNI continues to rally to $50 and likely overshoots the fib extension to $55 before another period of consolidation. 
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