UNI/USDT – 1H – SELL

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

The bearish trend down to the next support at 3.905 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 4.209 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Three Outside Down’ candle chart pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

4.209 – 3.95 – 3.967 – 3.905 – 3.842 – 3.804 —
3.928000000 – 3.977000000 —
39.474598032289 – 52.445228736658 —
– —
4.209 – 1773406800

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Down – – –