Buy UNI/USDT – 30M – BUY

The combination Uniswap/Tether (UNI/USDT) breaks through the bearish trendline up.

An ascending movement up to the next resistance line at 2.533 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 2.456 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Next a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 2.609
2nd High 2.546
Next High 2.533
Current Price 2.506000000
Next Low 2.456
2nd Low 2.425
3rd Low 2.407

2.533 – 2.546 – 2.609 – 2.456 – 2.497 – 2.425 —
2.471000000 – 2.504000000 —
35.040369273529 – 50.912115841127 —
– —
2.533 – 1781010000

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