UNI/USDT – 4H – BUY

The combination Uniswap/Tether (UNI/USDT) breaks through the bearish trendline up.

A bullish ascent up to the next resistance level at 4.095 is certain.

Caution: A possible trend reversal in the direction of the support level at 3.537 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Up’ candle pattern is existing. The candles form ‘Three Outside Up’. 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 likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

4.095 – 4.048 – 4.294 – 3.537 – 3.259 – 3.275 —
3.821000000 – 3.731000000 —
37.834838221041 – 32.664351414709 —
– —
4.095 – 1772712000

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – – –