Buy UNI/USDT – 30M – BUY

The pair Uniswap/Tether (UNI/USDT) jumps from the bearish trendline upwards

A bullish movement up to the next resistance at 3.797 is expected.

Caution: A possible change in the direction of the support line at 3.69 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 4.021
2nd High 4.018
Next High 3.797
Current Price 3.698000000
Next Low 3.69
2nd Low 3.667
3rd Low 3.537

3.797 – 4.018 – 4.021 – 3.69 – 3.785 – 3.927 —
3.711000000 – 3.686000000 —
45.952762051819 – 39.206638864907 —
– —
3.797 – 1772964000

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