UNI/USDT – 30M – BUY

The currency pair Uniswap/Tether (UNI/USDT) moves from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 2.567 is certain.

Caution: A possible change in the direction of support at 2.532 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2.563172 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 2.567 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Inverted Hammer’ chart pattern is existing. The chart forms ‘Inverted Hammer’. which is a positive 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 ‘Inverted Hammer’ heading up is 65% (Bull Market).

2.567 – 2.585 – 2.563 – 2.532 – 2.483 – 2.491 —
2.561000000 – 2.535000000 —
53.453152837386 – 34.95668248298 —
– —
2.567 – 1781386200

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Inverted Hammer – – –