The pair Uniswap/Tether (UNI/USDT) moves from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 4.089 is certain.
Caution: A possible reversal of the trend in the direction of support at 3.939 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Three Outside Up’ candle chart pattern is discovered. The chart shows ‘Three Outside Up’. which 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 success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 4.294 |
| Next High | 4.089 |
| Current Price | 4.063000000 |
| Next Low | 3.939 |
| 2nd Low | 3.75 |
| 3rd Low | 3.715 |
4.089 – 4.082 – 3.962 – 3.939 – 3.75 – 3.715 —
4.005000000 – 4.036000000 —
51.690715686608 – 52.449682496481 —
– —
4.089 – 1772650800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – – –