UNI/USDT – 1H – SELLThe pair Uniswap/Tether (UNI/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support line at 3.208 will continue.
Caution: A possible change in the direction of the resistance zone at 3.28 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.
Additionally a ‘Bearish Belt Hold’ chart pattern is found. The candles form ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.362 |
| 2nd High | 3.328 |
| Next High | 3.28 |
| Current Price | 3.234000000 |
| Next Low | 3.208 |
| 2nd Low | 3.171 |
| 3rd Low | 3.105 |
3.28 – 3.278 – 3.246 – 3.208 – 3.171 – 3.105 —
3.247000000 – 3.260000000 —
54.373093715929 – 51.172626287505 —
– —
3.28 – 1777755600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern – –