Sell UNI/USDT – 30M – SELL

The pair Uniswap/Tether (UNI/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at 2.419000000 will continue.

Caution: A possible change in the direction of the resistance level at 2.514 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Three Outside Down’ candlestick chart pattern is existing. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 2.546
2nd High 2.533
Next High 2.514
Current Price 2.468000000
Next Low 2.419000000
2nd Low 2.407
3rd Low

2.514 – 2.533 – 2.546 – 2.419000000 – 2.437 – 2.456 —
2.443000000 – 2.507000000 —
41.537721992219 – 63.610084706364 —
2.419000000 – 1781092800 —
2.514 – 1781038800

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