UNI/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 3.75 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 4.018 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Last Engulfing Top’ candlestick chart pattern is found. The candles form ‘Last Engulfing Top’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.095 |
| 2nd High | 4.021 |
| Next High | 4.018 |
| Current Price | 3.823000000 |
| Next Low | 3.75 |
| 2nd Low | 3.715 |
| 3rd Low | 3.667 |
4.018 – 4.021 – 4.095 – 3.927 – 3.946 – 3.939 —
3.991000000 – 3.829000000 —
48.631555950368 – 32.241547709851 —
– —
4.018 – 1772782200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Last Engulfing Top – – –