UNI/USDT – 1H – SELL

The combination Uniswap/Tether (UNI/USDT) moves from the bullish trendline downwards

A bearish descent downwards to the next support line at 2.483 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 2.585 could happen.
Consider stop-loss settings accordingly.

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

Moreover a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Three Inside Down’ candle chart pattern is detected. The chart shows ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

2.585 – 2.563 – 2.568 – 2.483 – 2.477 – 2.366 —
2.500000000 – 2.592000000 —
35.861611283692 – 68.470536116079 —
– —
2.585 – 1781362800

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Inside Down – – –