UNI/USDT – 1H – SELL

The pair Uniswap/Tether (UNI/USDT) jumps from the bullish trendline down.

A bearish descent downwards to the next support line at 2.725 will continue.

Caution: A possible counter-trend in the direction of resistance at 3.016 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘Matching Low’ candle chart pattern is found. The chart shows ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

3.016 – 2.996 – 2.978 – 2.741 – 2.868 – 2.881 —
2.850000000 – 2.763000000 —
57.010956965512 – 34.313950804458 —
– —
3.016 – 1782752400

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Matching Low – – –