Buy UNI/USDT – 30M – BUY

The combination Uniswap/Tether (UNI/USDT) breaks through the bearish trendline upwards

A bullish trend up to the next resistance at 3.721 is expected.

Caution: A possible reversal of the trend in the direction of support at 3.537 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Outside Up’ candlestick pattern is detected. The chart forms ‘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 success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 4.02
2nd High 4.015
Next High 3.721
Current Price 3.561000000
Next Low 3.537
2nd Low 3.259
3rd Low 3.142

3.721 – 4.015 – 4.02 – 3.616 – 3.937 – 3.943 —
3.564000000 – 3.545000000 —
27.026277817222 – 33.97911810204 —
– —
3.721 – 1773889200

Trading Signals:

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