UNI/USDT – 1H – SELL

The pair Uniswap/Tether (UNI/USDT) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support level at 3.267 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 3.441 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. this 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 likelyhood of ‘Three Black Crows’ heading down is 82%.

3.441 – 3.475 – 3.57 – 3.267 – 3.326 – 3.261 —
3.306000000 – 3.388000000 —
37.816367219559 – 50.844803473276 —
– —
3.441 – 1779692400

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –