Buy UNI/USDT – 1H – BUY

The currency pair Uniswap/Tether (UNI/USDT) jumps from the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 4.209 will continue.

Caution: A possible trend reversal in the direction of support at 3.905 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 4.588
2nd High 4.294
Next High 4.209
Current Price 3.959000000
Next Low 3.905
2nd Low 3.842
3rd Low 3.804

4.209 – 3.95 – 3.967 – 3.905 – 3.842 – 3.804 —
3.931000000 – 3.980000000 —
42.383474617083 – 51.080494366968 —
– —
4.209 – 1773406800

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