UNI/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 3.086924 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 3.219 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Bearish Harami’ candlestick pattern is detected. The chart shows ‘Bearish Harami’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.672 |
| 2nd High | 3.323 |
| Next High | 3.219 |
| Current Price | 3.162000000 |
| Next Low | 3.048 |
| 2nd Low | 3.014 |
| 3rd Low | 2.845 |
3.219 – 3.323 – 3.211 – 3.048 – 3.014 – 3.057 —
3.117000000 – 3.198000000 —
44.03245498691 – 56.963129524726 —
– —
3.219 – 1775772000
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Harami – Rising Wedge Chart Pattern – –