Sell UNI/USDT – 1H – SELL

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

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