Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The pair Uniswap/Tether (UNI/USDT) jumps from the ascending trendline downwards
A descent down to the next support level at 3.523 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 3.691 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.
Furthermore a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.17 |
| 2nd High | 3.847 |
| Next High | 3.691 |
| Current Price | 3.593000000 |
| Next Low | 3.523 |
| 2nd Low | 3.386 |
| 3rd Low | 3.378 |
3.691 – 3.847 – 4.17 – 3.523 – 3.561 – 3.578 —
3.641000000 – 3.611000000 —
49.541499184275 – 46.130082878823 —
– —
3.691 – 1778846400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –