UNI/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 3.937 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 4.015 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The pair is likely to go down.

There is also a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

4.015 – 4.02 – 4.195 – 3.937 – 3.943 – 3.971 —
3.958000000 – 3.934000000 —
37.528203207652 – 34.332343689885 —
– —
4.015 – 1773802800

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