UNI/USDT – 1H – BUY

The currency pair Uniswap/Tether (UNI/USDT) breaks through the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 3.453 will persist.

Caution: A possible counter-trend in the direction of support at 3.21 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 3.378528 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 3.453 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Outside Up’ candlestick pattern is detected. The candles show ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

3.453 – 3.28 – 3.278 – 3.21 – 3.208 – 3.171 —
3.318000000 – 3.283000000 —
50.476089373657 – 46.696982926009 —
– —
3.453 – 1777867200

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – – –