UNI/USDT – 4H – BUY

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

An ascending movement up to the next resistance level at 2.568 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 2.366 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.

Next a ‘Three Outside Up’ candle pattern is found. The chart shows ‘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’ going up is 75% (Bull Market) & 74% (Bear Market).

2.568 – 3.086 – 3.691 – 2.366 – 2.407 – 2.947 —
2.521000000 – 2.517000000 —
45.860998115761 – 46.197054521765 —
– —
2.568 – 1781179200

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – Rising Wedge Chart Pattern – –