UNI/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A descending movement down to the next support line at will continue.

Caution: A possible counter-trend in the direction of resistance at 4.048 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Next a ‘Three Outside Down’ candle chart pattern is discovered. The chart forms ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

4.048 – 3.974 – 4.294 – 3.667 – 3.537 – 3.259 —
3.911000000 – 3.874000000 —
48.250245097931 – 45.254157386239 —
– —
4.048 – 1772467200

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –