Buy UNI/USDT – 1H – BUY

The combination Uniswap/Tether (UNI/USDT) moves from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance level at 3.607 is certain.

Caution: A possible counter-trend in the direction of the support level at 3.293 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Additionally a ‘Three Outside Up’ candlestick pattern is existing. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 3.739
2nd High 3.632
Next High 3.607
Current Price 3.433000000
Next Low 3.293
2nd Low 3.142
3rd Low 2.845

3.607 – 3.632 – 3.588 – 3.293 – 3.349 – 3.452 —
3.424000000 – 3.416000000 —
52.39061893165 – 51.265818261011 —
– —
3.607 – 1771408800

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