UNI/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The combination Uniswap/Tether (UNI/USDT) moves from the bullish trendline downwards

A descending movement down to the next support level at 3.927 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 4.095 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 3.881 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 4.095 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

4.095 – 4.089 – 4.082 – 3.927 – 3.939 – 3.75 —
3.992000000 – 4.018000000 —
46.955864196205 – 53.635491674838 —
– —
4.095 – 1772719200

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –