UNI/USDT – 1H – BUYThe combination Uniswap/Tether (UNI/USDT) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 3.756 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 3.574 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘StochRSI %K crosses above 0.2’ indicator layout is detected. The indicator is ‘StochRSI %K crosses above 0.2’. this is usually a bullish chart signal. The currency pair could go up.
Moreover a ‘Bullish Belt Hold’ candle chart pattern is found. The chart shows ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.847 |
| 2nd High | 3.76 |
| Next High | 3.756 |
| Current Price | 3.651000000 |
| Next Low | 3.574 |
| 2nd Low | 3.449 |
| 3rd Low | 3.229 |
3.756 – 3.76 – 3.734 – 3.574 – 3.449 – 3.575 —
3.691000000 – 3.634000000 —
53.929575717429 – 44.383445236016 —
– —
3.756 – 1784167200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bullish Belt Hold – – –