Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The currency pair Uniswap/Tether (UNI/USDT) goes from the ascending trendline downwards
A bearish descent downwards to the next support at 3.804 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 3.967 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.
Additionally a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.998 |
| 2nd High | 3.98 |
| Next High | 3.967 |
| Current Price | 3.916000000 |
| Next Low | 3.804 |
| 2nd Low | 3.61 |
| 3rd Low | 3.537 |
3.967 – 3.98 – 3.998 – 3.804 – 3.824 – 3.843 —
3.913000000 – 3.945000000 —
54.329941584849 – 58.968183303806 —
– —
3.967 – 1773235800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –