Sell UNI/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 2.501000000 is likely expected.

Caution: A possible change in the direction of resistance at 2.544 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

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

Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 2.609
2nd High 2.568
Next High 2.544
Current Price 2.522000000
Next Low 2.501000000
2nd Low 2.477
3rd Low 2.366

2.544 – 2.568 – 2.539 – 2.501000000 – 2.477 – 2.482 —
2.527000000 – 2.543000000 —
46.725147539193 – 53.49531617203 —
2.501000000 – 1781271000 —
2.544 – 1781256600

Trading Signals:

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