UNI/USDT – 4H – SELL

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

A continuation of the downward movement down to the next support at 3.259 will continue.

Caution: A possible change in the direction of the resistance level at 4.588 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘Southern Doji’ chart pattern is discovered. The chart shows ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading 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 – Symmetrical Triangle Chart Pattern – –