Sell UNI/USDT – 30M – SELL

The combination Uniswap/Tether (UNI/USDT) goes from the ascending trendline downwards

A bearish trend downwards to the next support line at 2.466 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 2.608 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Tweezers Top’ candle chart pattern is detected. The chart shows ‘Tweezers Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 2.63
2nd High 2.609
Next High 2.608
Current Price 2.597000000
Next Low 2.466
2nd Low 2.366
3rd Low

2.608 – 2.567 – 2.585 – 2.466 – 2.532 – 2.483 —
2.597000000 – 2.606000000 —
64.278088472296 – 66.347047678359 —
– —
2.608 – 1781481600

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