The currency pair Uniswap/Tether (UNI/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 3.378 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 3.739 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.
And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
And also a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4.588 |
| Next High | 3.739 |
| Current Price | 3.433000000 |
| Next Low | 3.378 |
| 2nd Low | 3.142 |
| 3rd Low | 2.845 |
3.739 – 3.495 – 3.464 – 3.55 – 3.378 – 3.142 —
3.514000000 – 3.503000000 —
28.366584523687 – 34.122084563164 —
– —
3.739 – 1771088400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – – –