UNI/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A bearish movement downwards to the next support level at 3.452 will persist.

Caution: A possible change in the direction of the resistance line at 3.632 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘Matching Low’ candle pattern is found. The chart shows ‘Matching Low’. which is a positive chart scenario. 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).

3.632 – 3.588 – 3.739 – 3.452 – 3.424 – 3.397 —
3.552000000 – 3.554000000 —
50.197055032506 – 52.808031167636 —
– —
3.632 – 1771286400

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –