UNI/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

The currency pair Uniswap/Tether (UNI/USDT) jumps from the ascending trendline downwards

A bearish movement down to the next support line at 2.996 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 3.22 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Bearish Engulfing’ candle chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

3.22 – 3.192 – 3.329 – 2.996 – 2.92 – 3.055 —
3.066000000 – 3.078000000 —
45.019740792536 – 47.14352557363 —
– —
3.22 – 1781825400

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –