The currency pair Uniswap/Tether (UNI/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 3.607 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 3.309 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.739 |
| 2nd High | 3.632 |
| Next High | 3.607 |
| Current Price | 3.547000000 |
| Next Low | 3.309 |
| 2nd Low | 3.293 |
| 3rd Low | 3.142 |
3.607 – 3.632 – 3.588 – 3.309 – 3.293 – 3.349 —
3.474000000 – 3.531000000 —
58.368914028439 – 66.638634134769 —
– —
3.607 – 1771408800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – – Rising Wedge Chart Pattern – –