The combination Uniswap/Tether (UNI/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support at 3.055 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3.329 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.
There is also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.847 |
| 2nd High | 3.729 |
| Next High | 3.329 |
| Current Price | 3.112000000 |
| Next Low | 3.055 |
| 2nd Low | 2.671 |
| 3rd Low | 2.466 |
3.329 – 3.729 – 3.03 – 3.055 – 3.166 – 3.181 —
3.135000000 – 3.180000000 —
41.503255001782 – 48.443339665439 —
– —
3.329 – 1781749800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – – Rising Wedge Chart Pattern – –