UNI/USDT – 1H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The combination Uniswap/Tether (UNI/USDT) goes from the bullish trendline down.

A descent downwards to the next support level at 3.927 will persist.

Caution: A possible trend reversal in the direction of resistance at 4.095 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 3.881 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 4.095 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Two Crows’ candlestick pattern is detected. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

4.095 – 4.089 – 4.082 – 3.927 – 3.939 – 3.75 —
3.992000000 – 4.018000000 —
46.955864196205 – 53.635491674838 —
– —
4.095 – 1772719200

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –