UNI/USDT – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

The combination Uniswap/Tether (UNI/USDT) jumps from the ascending trendline downwards

A bearish movement down to the next support at 3.927 will continue.

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

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 3.881 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 4.095 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

4.095 – 4.089 – 4.082 – 3.927 – 3.939 – 3.75 —
3.992000000 – 4.018000000 —
46.955864196205 – 53.635491674838 —
– —
4.095 – 1772719200

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