The pair Uniswap/Tether (UNI/USDT) goes from the descending trendline up.
A bullish trend up to the next resistance level at 4.018 will persist.
Caution: A possible change in the direction of the support level at 3.667 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles form ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.095 |
| 2nd High | 4.021 |
| Next High | 4.018 |
| Current Price | 3.738000000 |
| Next Low | 3.667 |
| 2nd Low | 3.537 |
| 3rd Low | 3.259 |
4.018 – 4.021 – 4.095 – 3.785 – 3.927 – 3.946 —
3.734000000 – 3.729000000 —
31.306797743405 – 41.146193988688 —
– —
4.018 – 1772782200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bullish Belt Hold – – –