UNI/USDT – 1H – BUY

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

A bullish ascent up to the next resistance line at 2.585 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at 2.477 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 2.585 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 2.585 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Bearish Harami Cross’ candlestick chart pattern is existing. The candles show ‘Bearish Harami Cross’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).

2.585 – 2.563 – 2.568 – 2.483 – 2.477 – 2.366 —
2.524000000 – 2.499000000 —
44.009731016272 – 38.791152783135 —
– —
2.585 – 1781362800

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Harami Cross – – –