UNI/USDT – 1H – BUYThe combination Uniswap/Tether (UNI/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 3.583 is likely expected.
Caution: A possible change in the direction of the support level at 3.309 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive signal. The currency 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 | 3.632 |
| 2nd High | 3.628 |
| Next High | 3.583 |
| Current Price | 3.396000000 |
| Next Low | 3.309 |
| 2nd Low | 2.845 |
| 3rd Low |
3.583 – 3.553 – 3.628 – 3.309 – 2.845 – 3.641 —
3.499000000 – 3.371000000 —
47.958868319664 – 39.878873396534 —
– —
3.583 – 1770656400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – Double top retreat up – –