The pair Uniswap/Tether (UNI/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 2.63 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 2.466 could happen.
Consider stop-loss settings accordingly.
In addition a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
In addition a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.872 |
| 2nd High | 2.706 |
| Next High | 2.63 |
| Current Price | 2.618000000 |
| Next Low | 2.466 |
| 2nd Low | 2.366 |
| 3rd Low |
2.608 – 2.567 – 2.585 – 2.466 – 2.532 – 2.483 —
2.602000000 – 2.618000000 —
65.580002037075 – 59.691356998505 —
– —
2.608 – 1781481600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Northern Doji – – –