UNI/USDT – 30M – SELL

The combination Uniswap/Tether (UNI/USDT) moves from the ascending trendline down.

A bearish descent downwards to the next support at 3 will persist.

Caution: A possible change in the direction of resistance at 3.221 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.

And also a ‘StochRSI Bearish Divergence’ indicator signal is discovered. The indicator shows ‘StochRSI Bearish Divergence’. this is usually a bearish chart scenario. The currency pair could go down.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 3.047294 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 3.221 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

3.082 – 3.059 – 3.221 – 3 – 3.005 – 3.014 —
3.084000000 – 3.116000000 —
65.624442902304 – 66.055079825497 —
– —
3.082 – 1776060000

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –