The pair Uniswap/Tether (UNI/USDT) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 3.441 is considered certain.
Caution: A possible trend reversal in the direction of support at 3.33 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.
And also a ‘Bullish Engulfing’ candlestick chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.57 |
| 2nd High | 3.475 |
| Next High | 3.441 |
| Current Price | 3.384000000 |
| Next Low | 3.33 |
| 2nd Low | 3.326 |
| 3rd Low | 3.261 |
3.441 – 3.475 – 3.57 – 3.33 – 3.326 – 3.345 —
3.364000000 – 3.373000000 —
42.413519783614 – 47.763980132298 —
– —
3.441 – 1779692400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bullish Engulfing – – –