In addition a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The combination Uniswap/Tether (UNI/USDT) moves from the bullish trendline down.
A descending movement down to the next support level at 3.927 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 4.095 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.
In addition a ‘Southern Doji’ candle chart pattern is detected. The chart forms ‘Southern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 4.294 |
| Next High | 4.095 |
| Current Price | 3.967000000 |
| Next Low | 3.927 |
| 2nd Low | 3.75 |
| 3rd Low | 3.667 |
4.095 – 4.089 – 4.082 – 3.927 – 3.939 – 3.75 —
4.022000000 – 4.009000000 —
51.433804215054 – 48.072333339743 —
– —
4.095 – 1772719200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –