The currency pair Uniswap/Tether (UNI/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support at 3.69 is considered certain.
Caution: A possible change in the direction of resistance at 4.018 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.095 |
| 2nd High | 4.021 |
| Next High | 4.018 |
| Current Price | 3.689000000 |
| Next Low | 3.69 |
| 2nd Low | 3.667 |
| 3rd Low | 3.537 |
4.018 – 4.021 – 4.095 – 3.69 – 3.785 – 3.927 —
3.760000000 – 3.746000000 —
51.330129925742 – 42.424034869341 —
– —
4.018 – 1772782200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –