The combination Uniswap/Tether (UNI/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance at 2.967 will persist.
Caution: A possible change in the direction of support at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 3.035184 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 2.967 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.131 |
| 2nd High | 3.115 |
| Next High | 2.967 |
| Current Price | 2.990000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.967 – 3.115 – 3.096 – 2.725 – 2.885 – 2.894 —
2.919000000 – 2.936000000 —
56.594291496743 – 54.751028300305 —
– —
2.967 – 1782300600