The pair Uniswap/Tether (UNI/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 3.731 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 3.61 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 3.8155 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 3.731 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.018 |
| 2nd High | 3.797 |
| Next High | 3.731 |
| Current Price | 3.744000000 |
| Next Low | 3.61 |
| 2nd Low | 3.537 |
| 3rd Low | 3.259 |
3.731 – 3.797 – 4.018 – 3.61 – 3.69 – 3.785 —
3.690000000 – 3.694000000 —
43.964810855117 – 45.690706386718 —
– —
3.731 – 1773001800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – – –