UNI/USDT – 1H – BUY

The currency pair Uniswap/Tether (UNI/USDT) breaks through the descending trendline up.

An ascent upwards to the next resistance level at 3.131000000 will continue.

Caution: A possible trend reversal in the direction of the support level at 2.952 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

There is also a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The candles form ‘Bullish Belt Hold’. which is a positive 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 ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

3.131000000 – 3.067 – 3.133 – 2.952 – 2.947 – 3.006 —
3.131000000 – 3.030000000 —
67.421242519648 – 45.500062857872 —
3.131000000 – 1782054000 —
– 1782054000

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bullish Belt Hold – – –