The pair Uniswap/Tether (UNI/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 2.518 will persist.
Caution: A possible trend reversal in the direction of support at 2.437 should always be considered.
Consider stop-loss settings accordingly.
Also there is 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 scenario. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.63 |
| 2nd High | 2.609 |
| Next High | 2.518 |
| Current Price | 2.493000000 |
| Next Low | 2.437 |
| 2nd Low | 2.407 |
| 3rd Low |
2.518 – 2.609 – 2.63 – 2.437 – 2.456 – 2.497 —
2.414000000 – 2.442000000 —
35.210197031943 – 49.421918018417 —
– —
2.518 – 1781096400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – – –