UNI/USDT – 30M – BUYThe currency pair Uniswap/Tether (UNI/USDT) jumps from the descending trendline upwards
An ascending movement up to the next resistance at 4.018 is expected.
Caution: A possible counter-trend in the direction of the support zone at 3.667 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Three Outside Up’ candle pattern is detected. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.095 |
| 2nd High | 4.021 |
| Next High | 4.018 |
| Current Price | 3.728000000 |
| Next Low | 3.667 |
| 2nd Low | 3.537 |
| 3rd Low | 3.259 |
4.018 – 4.021 – 4.095 – 3.785 – 3.927 – 3.946 —
3.758000000 – 3.726000000 —
24.616222626333 – 34.156155300685 —
– —
4.018 – 1772782200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – – –