Sell UNI/USDT – 30M – SELL

The currency pair Uniswap/Tether (UNI/USDT) goes from the ascending trendline downwards

A bearish descent downwards to the next support line at 3.223 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 3.888 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 3.888
Current Price 3.548000000
Next Low 3.223
2nd Low 2.845
3rd Low

3.404 – 3.583 – 3.548 – 3.223 – 3.318 – 3.334 —
3.402000000 – 3.776000000 —
69.637496706772 – 58.837071191712 —
– —
3.404 – 1770744600

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