The pair Uniswap/Tether (UNI/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 4.176 will continue.
Caution: A possible trend reversal in the direction of the support zone at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The pair is likely to go up.
And also a ‘Three Outside Up’ candlestick pattern is detected. The chart shows ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.294 |
| 2nd High | 4.209 |
| Next High | 4.176 |
| Current Price | 4.005000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.176 – 4.209 – 3.95 – 3.934 – 3.905 – 3.842 —
4.182000000 – 4.004000000 —
63.828081218102 – 35.954369637301 —
– —
4.176 – 1773630000
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – – –