UNI/USDT – 1H – SELL

The currency pair Uniswap/Tether (UNI/USDT) moves from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at 2.845 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 3.404 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative signal. The pair is likely to go down.

Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Additionally a ‘Matching Low’ candle pattern is detected. The chart shows ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

3.404 – 3.583 – 3.553 – 3.318 – 3.309 – 2.845 —
3.353000000 – 3.364000000 —
41.290072693053 – 35.852577189091 —
– —
3.404 – 1770742800

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –