The pair Uniswap/Tether (UNI/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 3.729 is expected.
Caution: A possible counter-trend in the direction of the support level at 3.295 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘Bullish Engulfing’ candle chart pattern is discovered. The candles show ‘Bullish Engulfing’. this 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 ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.932 |
| 2nd High | 3.847 |
| Next High | 3.729 |
| Current Price | 3.574000000 |
| Next Low | 3.295 |
| 2nd Low | 3.246 |
| 3rd Low | 3.229 |
3.432 – 3.39 – 3.39 – 3.295 – 3.246 – 3.229 —
3.637000000 – 3.579000000 —
67.832971191179 – 51.692809545274 —
– —
3.432 – 1783578600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bullish Engulfing – Rising Wedge Chart Pattern – –