UNI/USDT – 4H – SELL

The combination Uniswap/Tether (UNI/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 3.259 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 4.588 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Southern Doji’ chart pattern is found. The candles form ‘Southern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

3.739 – 4.588 – 3.583 – 3.259 – 3.275 – 3.293 —
3.403000000 – 4.294000000 —
42.295960334421 – 77.169713352396 —
– —
3.739 – 1771084800

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Southern Doji – Head and Shoulder chart pattern – –