The currency pair Uniswap/Tether (UNI/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 3.231 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 3.336 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
And also a ‘Two Crows’ candle pattern is detected. The chart forms ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.479 |
| 2nd High | 3.362 |
| Next High | 3.336 |
| Current Price | 3.264000000 |
| Next Low | 3.231 |
| 2nd Low | 3.206 |
| 3rd Low | 3.197 |
3.336 – 3.362 – 3.479 – 3.231 – 3.206 – 3.244 —
3.290000000 – 3.283000000 —
50.201543412736 – 50.288749662607 —
– —
3.336 – 1776668400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Two Crows – – –