The currency pair Uniswap/Tether (UNI/USDT) jumps from the bullish trendline downwards
A descending movement downwards to the next support level at 2.671 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 3.684 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.847 |
| 2nd High | 3.691 |
| Next High | 3.684 |
| Current Price | 3.485000000 |
| Next Low | 2.671 |
| 2nd Low | 2.466 |
| 3rd Low | 2.366 |
3.03 – 2.746 – 2.608 – 2.671 – 2.466 – 2.532 —
3.553000000 – 3.696000000 —
70.693575998389 – 71.940458878573 —
– —
3.03 – 1781571600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –