The currency pair Uniswap/Tether (UNI/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 3.28 is considered certain.
Caution: A possible trend reversal in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 3.28 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 3.28 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.362 |
| 2nd High | 3.328 |
| Next High | 3.28 |
| Current Price | 3.247000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.28 – 3.278 – 3.246 – 3.208 – 3.171 – 3.105 —
3.223000000 – 3.252000000 —
43.605984389395 – 51.394218270363 —
– —
3.28 – 1777755600