The pair Uniswap/Tether (UNI/USDT) goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 3.992 is considered certain.
Caution: A possible counter-trend in the direction of support at 3.850000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bullish Belt Hold’ chart pattern is existing. The candles form ‘Bullish Belt Hold’. this 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 success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.021 |
| 2nd High | 4.018 |
| Next High | 3.992 |
| Current Price | 3.941000000 |
| Next Low | 3.850000000 |
| 2nd Low | 3.61 |
| 3rd Low |
3.992 – 3.731 – 3.797 – 3.850000000 – 3.61 – 3.69 —
3.877000000 – 3.965000000 —
45.145833457855 – 57.620584522634 —
3.850000000 – 1773099000 —
3.992 – 1773084600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bullish Belt Hold – – –