UNI/USDT – 30M – BUYThe currency pair Uniswap/Tether (UNI/USDT) moves from the descending trendline upwards
An ascent up to the next resistance line at 2.938 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 2.733 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bullish Engulfing’ candle pattern is discovered. The chart forms ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.045 |
| 2nd High | 3.004 |
| Next High | 2.938 |
| Current Price | 2.837000000 |
| Next Low | 2.733 |
| 2nd Low | |
| 3rd Low |
2.938 – 3.004 – 3.045 – 2.733 – 2.906 – 2.958 —
2.925000000 – 2.864000000 —
52.513057420042 – 40.791122308234 —
– —
2.938 – 1780484400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bullish Engulfing – – –