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: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – – –