UNI/USDT – 1H – BUY

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

An ascending movement up to the next resistance at 3.553 is expected.

Caution: A possible change in the direction of the support level at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. 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 is expected. Current target is 3.747284 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 3.553 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

3.553 – 3.628 – 3.632 – 2.845 – 3.641 – 3.698 —
3.464000000 – 3.446000000 —
37.620292636505 – 49.99109206355 —
– —
3.553 – 1770555600

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – – –