The pair Uniswap/Tether (UNI/USDT) jumps from the ascending trendline down.
A bearish trend downwards to the next support level at 3.934 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 4.209 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 4.294 |
| Next High | 4.209 |
| Current Price | 4.015000000 |
| Next Low | 3.934 |
| 2nd Low | 3.908 |
| 3rd Low | 3.905 |
3.997 – 3.984 – 3.951 – 3.934 – 3.936 – 3.908 —
4.096000000 – 4.176000000 —
62.897094502019 – 64.271628415329 —
– —
3.997 – 1773574200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – – –