The pair Uniswap/Tether (UNI/USDT) goes from the bearish trendline upwards
The bullish trend up to the next resistance line at 3.221 is expected.
Caution: A possible counter-trend in the direction of the support level at 3.014 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.323 |
| 2nd High | 3.266 |
| Next High | 3.221 |
| Current Price | 3.038000000 |
| Next Low | 3.014 |
| 2nd Low | 2.845 |
| 3rd Low |
3.221 – 3.198 – 3.153 – 3.048 – 3.115 – 3.126 —
3.058000000 – 3.033000000 —
28.355667506635 – 30.862506561617 —
– —
3.221 – 1775935800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – – –