Buy UNI/USDT – 1H – BUY

The pair Uniswap/Tether (UNI/USDT) breaks through the ascending trendline up.

A continuation of the bullish trend up to the next resistance line at 2.63 will continue.

Caution: A possible counter-trend in the direction of the support zone at 2.466 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 3.004
2nd High 2.938
Next High 2.63
Current Price 2.688000000
Next Low 2.466
2nd Low 2.366
3rd Low

2.585 – 2.563 – 2.568 – 2.466 – 2.483 – 2.477 —
2.597000000 – 2.629000000 —
61.397463317792 – 69.28123094369 —
– —
2.585 – 1781362800

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