The currency pair Uniswap/Tether (UNI/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 3.739 is likely expected.
Caution: A possible trend reversal in the direction of the support line at could occur.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘StochOSC Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘StochOSC Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Three Outside Up’ candlestick pattern is discovered. The chart shows ‘Three Outside Up’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4.588 |
| Next High | 3.739 |
| Current Price | 3.630000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.739 – 3.495 – 3.464 – 3.378 – 3.142 – 3.343 —
3.634000000 – 3.628000000 —
55.140161514062 – 47.307244676804 —
– —
3.739 – 1771088400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – – –