UNI/USDT – 1H – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

The bearish trend downwards to the next support at is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 2.568 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles show ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

2.568 – 2.518 – 2.609 – 2.477 – 2.366 – 2.437 —
2.536000000 – 2.536000000 —
57.408020314271 – 50.250841943902 —
– —
2.568 – 1781190000

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –