The combination Uniswap/Tether (UNI/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance at 3.362 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 3.23 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.
Furthermore a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 3.317868 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 3.362 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.479 |
| 2nd High | 3.439 |
| Next High | 3.362 |
| Current Price | 3.317000000 |
| Next Low | 3.23 |
| 2nd Low | 3.19 |
| 3rd Low | 3.175 |
3.279 – 3.258 – 3.289 – 3.23 – 3.19 – 3.195 —
3.306000000 – 3.277000000 —
72.327159700921 – 51.682003916259 —
– —
3.279 – 1777406400