The combination Uniswap/Tether (UNI/USDT) moves from the bullish trendline downwards
A descending movement down to the next support at 3.75 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 4.082 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
Then a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
Then a ‘Matching Low’ candlestick pattern is detected. The candles show ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 4.294 |
| Next High | 4.082 |
| Current Price | 3.956000000 |
| Next Low | 3.75 |
| 2nd Low | 3.715 |
| 3rd Low | 3.667 |
4.082 – 3.962 – 3.927 – 3.75 – 3.715 – 3.667 —
4.050000000 – 4.026000000 —
61.122145873867 – 50.042106206754 —
– —
4.082 – 1772616600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –