The combination Uniswap/Tether (UNI/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance at 4.018 will persist.
Caution: A possible trend reversal in the direction of support at 3.75 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ” indicator layout is detected. The indicator is ”. which is often a bullish chart signal. The currency pair could go up.
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Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
Also there is a ‘Bullish Belt Hold’ candle pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.095 |
| 2nd High | 4.021 |
| Next High | 4.018 |
| Current Price | 3.731000000 |
| Next Low | 3.75 |
| 2nd Low | 3.715 |
| 3rd Low | 3.667 |
4.018 – 4.021 – 4.095 – 3.785 – 3.927 – 3.946 —
3.765000000 – 3.734000000 —
35.161507488267 – 31.306796242083 —
– —
4.018 – 1772782200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bullish Belt Hold – – –