The pair Uniswap/Tether (UNI/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 3.65 is certain.
Caution: A possible change in the direction of support at 3.477 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Also there is a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. which is a positive 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.847 |
| 2nd High | 3.734 |
| Next High | 3.65 |
| Current Price | 3.662000000 |
| Next Low | 3.477 |
| 2nd Low | 3.449 |
| 3rd Low | 3.295 |
3.65 – 3.606 – 3.572 – 3.477 – 3.449 – 3.478 —
3.601000000 – 3.630000000 —
54.725203859988 – 56.600425266109 —
– —
3.65 – 1783990800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – – –