Buy UNI/USDT – 4H – BUY

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

A bullish trend up to the next resistance level at 3.998 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 3.804 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Bearish SBS White Lines’ candlestick chart pattern is existing. The candles form ‘Bearish SBS White Lines’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 4.294
2nd High 4.095
Next High 3.998
Current Price 3.933000000
Next Low 3.804
2nd Low 3.61
3rd Low 3.537

3.998 – 4.095 – 4.048 – 3.804 – 3.61 – 3.537 —
4.064000000 – 4.021000000 —
65.807235869925 – 48.77069108481 —
– —
3.998 – 1773129600

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