UNI/USDT – 4H – BUY

The currency pair Uniswap/Tether (UNI/USDT) breaks through the descending trendline up.

A bullish ascent upwards to the next resistance line at 4.294 will continue.

Caution: A possible change in the direction of the support line at 3.537 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 4.274356 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 4.294 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

4.048 – 4.294 – 3.739 – 3.537 – 3.259 – 3.275 —
3.921000000 – 4.082000000 —
55.993862891481 – 61.491494022076 —
– —
4.048 – 1772467200

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – – –