Sell UNI/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support level at 3.105 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 4.17 is also possible.
Consider stop-loss settings accordingly.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘Two Crows’ candlestick chart pattern is discovered. The chart shows ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 4.209
2nd High 4.195
Next High 4.17
Current Price 3.469000000
Next Low 3.105
2nd Low 3
3rd Low 2.845

4.17 – 3.521 – 3.453 – 3.105 – 3.175 – 3.208 —
3.691000000 – 3.522000000 —
42.531141968658 – 37.467762598973 —
– —
4.17 – 1778414400

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