UNI/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A bearish descent down to the next support line at 3.927 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 4.095 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.

And also a ‘Bearish Belt Hold’ candle chart pattern is found. The candles form ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

4.095 – 4.089 – 4.082 – 3.927 – 3.946 – 3.939 —
4.033000000 – 4.018000000 —
42.908991110254 – 50.996986255431 —
– —
4.095 – 1772721000

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern – –