The currency pair Uniswap/Tether (UNI/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 2.456 is certain.
Caution: A possible change in the direction of the resistance line at 2.609 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.
Furthermore a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Furthermore a ‘Two Crows’ candlestick chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.938 |
| 2nd High | 2.63 |
| Next High | 2.609 |
| Current Price | 2.469000000 |
| Next Low | 2.456 |
| 2nd Low | 2.407 |
| 3rd Low |
2.609 – 2.63 – 2.938 – 2.456 – 2.497 – 2.407 —
2.533000000 – 2.512000000 —
45.854825707559 – 48.710196479668 —
– —
2.609 – 1780945200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –