Uniswap long to $18
2024-12-04

Just recently opened a uniswap long trade.

Target is $18+

First tp : $17.1 around the previous weekly wick high to the left.

70% partial

Next is $18 where I have another limit order to take off 15% of position. Afterwards I'll re-assess and determine whether o close fully or hold.

I have my stop below the 1hr structure low on this trade. It should be sufficient as long as we don't get another deep correction before 17.1. I think $17.1 is quite probable. Its currently 11:10 am in the morning.

If it moves anything like bitcoin then I anticipate within the next 2hrs it should start pushing back up for next leg.

Adjusted stop from 15.4 to 15.3