Sell UNI/USDT – 1H – SELL

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Target of the current trend is 3.970872 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 4.089 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Bearish Belt Hold’ candle pattern is discovered. The chart forms ‘Bearish Belt Hold’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 4.588
2nd High 4.294
Next High 4.089
Current Price 4.007000000
Next Low 3.939
2nd Low 3.75
3rd Low 3.667

4.089 – 4.082 – 4.048 – 3.939 – 3.75 – 3.667 —
4.018000000 – 4.055000000 —
55.989969219209 – 56.289471978694 —
– —
4.089 – 1772650800

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