The combination Uniswap/Tether (UNI/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 4.018 is expected.
Caution: A possible trend reversal in the direction of the support level at 3.785 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.
Moreover a ‘Tweezers Bottom’ candle chart pattern is detected. The chart forms ‘Tweezers Bottom’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.095 |
| 2nd High | 4.021 |
| Next High | 4.018 |
| Current Price | 3.803000000 |
| Next Low | 3.785 |
| 2nd Low | 3.75 |
| 3rd Low | 3.715 |
4.018 – 4.021 – 4.095 – 3.785 – 3.927 – 3.946 —
3.830000000 – 3.808000000 —
32.140101346765 – 33.196317997153 —
– —
4.018 – 1772782200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Tweezers Bottom – – –