UNI/USDT – 4H – BUY

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

An ascending movement upwards to the next resistance line at 3.065 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 2.725 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.

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

Next a ‘Three Outside Up’ candle chart pattern is detected. The candles show ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

3.065 – 3.131 – 3.729 – 2.725 – 2.947 – 2.92 —
2.927000000 – 2.977000000 —
46.448578007217 – 48.79554640908 —
– —
3.065 – 1782576000

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – – –