Sell UNI/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at is likely expected.

Caution: A possible change in the direction of the resistance line at 3.362 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 3.582
2nd High 3.479
Next High 3.362
Current Price 3.285000000
Next Low
2nd Low
3rd Low

3.362 – 3.479 – 3.582 – 3.206 – 3.244 – 3.327 —
3.281000000 – 3.336000000 —
52.077399314863 – 63.449173072507 —
– —
3.362 – 1776603600

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