In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The pair Uniswap/Tether (UNI/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support line at 2.996 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 3.133 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.
In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.329 |
| 2nd High | 3.22 |
| Next High | 3.133 |
| Current Price | 3.044000000 |
| Next Low | 2.996 |
| 2nd Low | 2.92 |
| 3rd Low | 2.671 |
3.133 – 3.22 – 3.192 – 2.996 – 2.92 – 3.055 —
3.057000000 – 3.055000000 —
45.701621603056 – 49.541773452302 —
– —
3.133 – 1781877600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – – Symmetrical Triangle Chart Pattern – –