The currency pair Uniswap/Tether (UNI/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 2.63 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 2.466 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.872 |
| 2nd High | 2.706 |
| Next High | 2.63 |
| Current Price | 2.683000000 |
| Next Low | 2.466 |
| 2nd Low | 2.366 |
| 3rd Low |
2.608 – 2.567 – 2.585 – 2.466 – 2.532 – 2.483 —
2.613000000 – 2.628000000 —
61.147628723762 – 63.00705227603 —
– —
2.608 – 1781481600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – – –