The pair Uniswap/Tether (UNI/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 3.632 will continue.
Caution: A possible counter-trend in the direction of the support level at 3.424 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Next a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 3.568 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 3.632 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three White Soldiers’ candlestick pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 3.739 |
| Next High | 3.632 |
| Current Price | 3.541000000 |
| Next Low | 3.424 |
| 2nd Low | 3.397 |
| 3rd Low | 3.378 |
3.632 – 3.739 – 3.495 – 3.524 – 3.424 – 3.397 —
3.524000000 – 3.512000000 —
38.151573213871 – 31.979545673639 —
– —
3.632 – 1771288200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – Double top retreat up – –