The combination Uniswap/Tether (UNI/USDT) moves from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 3.688 is expected.
Caution: A possible change in the direction of the support zone at 3.574 should be noted.
Consider stop-loss settings accordingly.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.
Then a ‘StochRSI Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.
Then a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 3.693446 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 3.688 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Three Outside Up’ candlestick pattern is discovered. The chart shows ‘Three Outside Up’. 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 ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.76 |
| 2nd High | 3.702 |
| Next High | 3.688 |
| Current Price | 3.617000000 |
| Next Low | 3.574 |
| 2nd Low | 3.477 |
| 3rd Low | 3.449 |
3.688 – 3.702 – 3.76 – 3.574 – 3.477 – 3.449 —
3.687000000 – 3.616000000 —
52.707271483999 – 41.398251039239 —
– —
3.688 – 1784129400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Up – – –