Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The pair Uniswap/Tether (UNI/USDT) goes from the bullish trendline down.
A bearish trend down to the next support level at will continue.
Caution: A possible trend reversal in the direction of resistance at 3.98 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.
Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.
Besides a ‘Last Engulfing Top’ candle pattern is discovered. The candles form ‘Last Engulfing Top’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.018 |
| 2nd High | 3.998 |
| Next High | 3.98 |
| Current Price | 3.854000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.98 – 3.998 – 3.989 – 3.804 – 3.824 – 3.843 —
3.832000000 – 3.869000000 —
41.659852297868 – 52.081871907158 —
– —
3.98 – 1773154800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –