UNI/USDT – 30M – SELLThe currency pair Uniswap/Tether (UNI/USDT) goes from the bullish trendline down.
A descending movement downwards to the next support level at 3.842 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 4.294 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Two Crows’ candlestick chart pattern is existing. The candles form ‘Two Crows’. 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 chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4.588 |
| Next High | 4.294 |
| Current Price | 4.039000000 |
| Next Low | 3.842 |
| 2nd Low | 3.804 |
| 3rd Low | 3.61 |
4.064 – 3.95 – 3.967 – 3.842 – 3.843 – 3.804 —
4.199000000 – 4.111000000 —
80.272565184322 – 56.322705438093 —
– —
4.064 – 1773372600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –