The pair Uniswap/Tether (UNI/USDT) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 3.477 is certain.
Caution: A possible trend reversal in the direction of resistance at 3.7 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.
There is also a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.756 |
| 2nd High | 3.748 |
| Next High | 3.7 |
| Current Price | 3.516000000 |
| Next Low | 3.477 |
| 2nd Low | 3.449 |
| 3rd Low | 3.295 |
3.7 – 3.748 – 3.756 – 3.595 – 3.63 – 3.597 —
3.580000000 – 3.545000000 —
44.367037899594 – 42.072907947229 —
– —
3.7 – 1784237400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – – –