UNI/USDT – 1H – BUYThe currency pair Uniswap/Tether (UNI/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance at 3.607 will persist.
Caution: A possible change in the direction of the support line at 3.309 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.739 |
| 2nd High | 3.632 |
| Next High | 3.607 |
| Current Price | 3.610000000 |
| Next Low | 3.309 |
| 2nd Low | 3.293 |
| 3rd Low | 3.142 |
3.607 – 3.632 – 3.588 – 3.309 – 3.293 – 3.349 —
3.504000000 – 3.552000000 —
58.531848897339 – 66.192607341141 —
– —
3.607 – 1771408800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – Double bottom retreat down – –