The combination Uniswap/Tether (UNI/USDT) goes from the descending trendline downwards
A continuation of the downtrend down to the next support at 3.424 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 3.632000000 could occur.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 3.739 |
| Next High | 3.632000000 |
| Current Price | 3.586000000 |
| Next Low | 3.424 |
| 2nd Low | 3.397 |
| 3rd Low | 3.378 |
3.632000000 – 3.739 – 3.495 – 3.424 – 3.397 – 3.55 —
3.632000000 – 3.606000000 —
63.873171111702 – 59.843860790058 —
3.632000000 – 1771288200 —
– 1771288200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – – Rising Wedge Chart Pattern – –