The pair Uniswap/Tether (UNI/USDT) goes from the bullish trendline down.
The bearish trend downwards to the next support at 3.21 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 3.328 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Two Crows’ chart pattern is detected. The chart forms ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.439 |
| 2nd High | 3.362 |
| Next High | 3.328 |
| Current Price | 3.369000000 |
| Next Low | 3.21 |
| 2nd Low | 3.208 |
| 3rd Low | 3.193 |
3.267 – 3.28 – 3.259 – 3.21 – 3.208 – 3.193 —
3.356000000 – 3.397000000 —
73.605631477444 – 64.217358801587 —
– —
3.267 – 1777809600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Two Crows – – –