UNI/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The combination Uniswap/Tether (UNI/USDT) jumps from the bullish trendline down.

A bearish trend down to the next support line at 3.946 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 4.089 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 3.902 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 4.089 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Two Crows’ candle pattern is detected. The candles show ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

4.089 – 4.082 – 3.962 – 3.946 – 3.939 – 3.75 —
4.055000000 – 4.014000000 —
54.051514607798 – 48.062926237335 —
– —
4.089 – 1772650800

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –