UNI/USDT – 1H – SELL

The pair Uniswap/Tether (UNI/USDT) moves from the bullish trendline down.

A bearish movement down to the next support at 3.263 will persist.

Caution: A possible change in the direction of the resistance line at 3.453 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Besides a ‘Three Inside Down’ candle pattern is discovered. The chart shows ‘Three Inside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

3.453 – 3.28 – 3.278 – 3.263 – 3.21 – 3.208 —
3.386000000 – 3.521000000 —
56.071770004068 – 77.772752255157 —
– —
3.453 – 1777867200

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –