The combination Uniswap/Tether (UNI/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 4.095 will continue.
Caution: A possible trend reversal in the direction of support at 3.842 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Bullish Belt Hold’ chart pattern is existing. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 4.294 |
| Next High | 4.095 |
| Current Price | 4.133000000 |
| Next Low | 3.842 |
| 2nd Low | 3.804 |
| 3rd Low | 3.61 |
4.064 – 3.95 – 3.967 – 3.842 – 3.843 – 3.804 —
4.003000000 – 4.093000000 —
59.056285686978 – 70.949524984644 —
– —
4.064 – 1773372600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bullish Belt Hold – – –