Technical analysis by RektMyMom about Symbol UNI: Sell recommendation (12/26/2021)

Picking up from where we left on our analysis on UNISWAP yesterday (linked below),Price looks to have broken above the pennant whilst forming a bearish divergence in the process.Could be a short opportunity and will most likely be a fakeout until invalidated of course.Trade Idea;Wait for price to close below resistance before going short.Enter with a stop-loss above rejection and target support of the pennant.If you agree with this idea, pls leave a like as well as your thoughts in the comments section.As always, feedback is appreciated.Hidden Bearish Divergence is confirmed and now the trade is in place.Took some profits at supportTrade complete.Been a minute since an update, but turns out the trade was in our favour and the setup was indeed correct. Congrats if you took this trade.