UNI/USDT – 1H – BUYIn addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often 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. Target of the current trend is 3.98054 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 3.797 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Bullish Engulfing’ chart pattern is existing. The candles show ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.294 |
| 2nd High | 4.095 |
| Next High | 3.797 |
| Current Price | 3.902000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.797 – 4.095 – 4.089 – 3.61 – 3.927 – 3.939 —
3.970000000 – 3.913000000 —
71.669174884537 – 55.952738862275 —
– —
3.797 – 1772964000
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bullish Engulfing – – –