UNI/USDT – 30M – SELLThe pair Uniswap/Tether (UNI/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 3.493 is certain.
Caution: A possible change in the direction of the resistance line at 3.632 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 3.739 |
| Next High | 3.632 |
| Current Price | 3.560000000 |
| Next Low | 3.493 |
| 2nd Low | 3.452 |
| 3rd Low | 3.424 |
3.632 – 3.739 – 3.495 – 3.493 – 3.452 – 3.524 —
3.554000000 – 3.588000000 —
56.281617580944 – 62.691250080542 —
– —
3.632 – 1771288200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – Double bottom retreat down – –