UNI/USDT – 30M – SELL

The currency pair Uniswap/Tether (UNI/USDT) goes from the ascending trendline down.

A descent down to the next support at 3.715 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 4.018 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ” indicator signal is found. The indicator shows ”. this is usually a bearish chart signal. The currency pair could go down.

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

Furthermore a ‘Bearish Engulfing’ candlestick pattern is found. The candles form ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

4.018 – 4.021 – 4.095 – 3.785 – 3.927 – 3.946 —
3.777000000 – 3.726000000 —
36.791548735615 – 29.6894421854 —
– —
4.018 – 1772782200

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Engulfing – – –