UniSwap Is Finally Waking Up after almost two-year accumulation from technical perspective and by Elliott wave theory.
UniSwap with ticker UNIUSD is finally waking up after almost two-year accumulation. We have actually spotted the bottom already back in June of 2022, where we mentioned and highlighted final 5th wave of (C) of a larger (A)-(B)-(C) corrective decline.
6 months later on January 24 of 2023, we warned about a minimum three-wave (A)/(1)-(B)/(2)-(C)/(3) recovery, so we expected more upside for wave (C) or (3) after wave (B)/(2) correction.
As you can see today after more than a year, UNIUSD is finally waking up on Proposal to Upgrade Governance. It’s now making a bigger recovery within projected wave (C) or (3) and there can be room for more gains, because we need to see a completed five-wave cycle of the lower degree.
Become a premium member
Get daily Elliott Wave updates for SP500,DAX, GOLD, SILVER, CRUDE, FX, CRYPTO, etc. or apply for unlimited access to the Elliot Wave educational videos.
Support On German Bund Can Lift EURUSD Higher. Check our free chart HERE.