The currency pair Uniswap/Tether (UNI/USDT) jumps from the descending trendline upwards
A bullish trend up to the next resistance at 3.258 is certain.
Caution: A possible trend reversal in the direction of the support level at 3.175 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 3.2685 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 3.258 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.362 |
| 2nd High | 3.289 |
| Next High | 3.258 |
| Current Price | 3.228000000 |
| Next Low | 3.175 |
| 2nd Low | 3.119 |
| 3rd Low | 3.093 |
3.258 – 3.289 – 3.362 – 3.175 – 3.221 – 3.258 —
3.238000000 – 3.230000000 —
47.190358062557 – 49.221121380013 —
– —
3.258 – 1777336200