The combination Uniswap/Tether (UNI/USDT) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 3.739 will continue.
Caution: A possible counter-trend in the direction of support at 3.378 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4.588 |
| Next High | 3.739 |
| Current Price | 3.623000000 |
| Next Low | 3.378 |
| 2nd Low | 3.142 |
| 3rd Low | 2.845 |
3.739 – 3.495 – 3.464 – 3.378 – 3.142 – 3.343 —
3.628000000 – 3.643000000 —
47.307244643498 – 48.943736382961 —
– —
3.739 – 1771088400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Northern Doji – – –