Sell UNI/USDT – 1H – SELL

The combination Uniswap/Tether (UNI/USDT) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 3.804 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 3.998 could occur.
Consider stop-loss settings accordingly.

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

Furthermore a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Furthermore a ‘Two Crows’ chart pattern is detected. The candles form ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 4.294
2nd High 4.095
Next High 3.998
Current Price 3.916000000
Next Low 3.804
2nd Low 3.61
3rd Low 3.537

3.998 – 3.992 – 3.797 – 3.804 – 3.61 – 3.927 —
3.873000000 – 3.939000000 —
49.924049114189 – 59.697070744463 —
– —
3.998 – 1773133200

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