The combination Uniswap/Tether (UNI/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance level at 3.7 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 3.439 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.
Besides a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Besides a ‘Three Outside Up’ candle chart pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.756 |
| 2nd High | 3.748 |
| Next High | 3.7 |
| Current Price | 3.582000000 |
| Next Low | 3.439 |
| 2nd Low | 3.295 |
| 3rd Low | 3.246 |
3.7 – 3.748 – 3.756 – 3.439 – 3.595 – 3.63 —
3.549000000 – 3.543000000 —
53.956063581018 – 49.702612782911 —
– —
3.7 – 1784237400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – – –