The pair Uniswap/Tether (UNI/USDT) goes from the ascending trendline down.
A bearish trend downwards to the next support at 3.105 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 4.17 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.
There is also a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
There is also a ‘Three Outside Down’ candle chart pattern is existing. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.209 |
| 2nd High | 4.195 |
| Next High | 4.17 |
| Current Price | 3.452000000 |
| Next Low | 3.105 |
| 2nd Low | 3 |
| 3rd Low | 2.845 |
4.17 – 3.521 – 3.453 – 3.105 – 3.175 – 3.208 —
3.525000000 – 3.581000000 —
37.008228643266 – 47.478215470524 —
– —
4.17 – 1778414400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –