UNI/USDT – 1H – BUY

The currency pair Uniswap/Tether (UNI/USDT) breaks through the descending trendline upwards

A bullish movement upwards to the next resistance level at 3.588 is certain.

Caution: A possible change in the direction of the support level at 3.397 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 3.865 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 3.588 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

3.588 – 3.739 – 3.495 – 3.397 – 3.378 – 3.142 —
3.558000000 – 3.531000000 —
54.47279023683 – 40.528931875203 —
– —
3.588 – 1771218000

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Northern Doji – Double top retreat up – –