UNI/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

The pair Uniswap/Tether (UNI/USDT) goes from the ascending trendline downwards

A descending movement downwards to the next support at 3.943 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 4.195 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.

There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

There is also a ‘Matching Low’ candle chart pattern is discovered. The chart forms ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

4.195 – 4.176 – 4.209 – 3.943 – 3.934 – 3.905 —
4.020000000 – 3.997000000 —
44.104834684832 – 40.717421813942 —
– —
4.195 – 1773698400

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –