The pair Uniswap/Tether (UNI/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 3.259 will continue.
Caution: A possible change in the direction of the resistance zone at 4.588 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
There is also a ‘Southern Doji’ chart pattern is existing. The chart forms ‘Southern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.067 |
| 2nd High | 4.872 |
| Next High | 4.588 |
| Current Price | 4.009000000 |
| Next Low | 3.259 |
| 2nd Low | 3.142 |
| 3rd Low | 2.845 |
3.739 – 4.588 – 3.583 – 3.259 – 3.275 – 3.293 —
3.403000000 – 4.294000000 —
42.295960334421 – 77.169713352396 —
– —
3.739 – 1771084800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –