UNI/USDT – 1H – SELL

The pair Uniswap/Tether (UNI/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 3.424 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 3.632 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Then a ‘Three Outside Down’ candlestick pattern is discovered. The candles show ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

3.632 – 3.588 – 3.739 – 3.424 – 3.397 – 3.378 —
3.580000000 – 3.575000000 —
52.367049619269 – 51.859073313558 —
– —
3.632 – 1771286400

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –