The pair Uniswap/Tether (UNI/USDT) jumps from the descending trendline up.
A bullish movement up to the next resistance line at 3.648000000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 3.501 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI %K crosses above 0.2’ indicator signal is existing. The indicator is ‘StochRSI %K crosses above 0.2’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Three Line Strike – Bullish’ chart pattern is found. The candles form ‘Three Line Strike – Bullish’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.195 |
| 2nd High | 3.721 |
| Next High | 3.648000000 |
| Current Price | 3.586000000 |
| Next Low | 3.501 |
| 2nd Low | 3.259 |
| 3rd Low | 3.142 |
3.648000000 – 3.721 – 4.195 – 3.501 – 3.616 – 3.943 —
3.648000000 – 3.574000000 —
49.157031526977 – 35.711798441685 —
3.648000000 – 1773993600 —
– 1773993600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Line Strike – Bullish – – –