UNI/USDT – 1H – SELLThe combination Uniswap/Tether (UNI/USDT) goes from the ascending trendline down.
A bearish trend downwards to the next support level at 3.537 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 3.721 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Matching Low’ candlestick pattern is found. The candles form ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.209 |
| 2nd High | 4.195 |
| Next High | 3.721 |
| Current Price | 3.527000000 |
| Next Low | 3.537 |
| 2nd Low | 3.259 |
| 3rd Low | 3.142 |
3.721 – 4.195 – 4.176 – 3.616 – 3.943 – 3.934 —
3.651000000 – 3.586000000 —
23.266066011644 – 25.955279700268 —
– —
3.721 – 1773889200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Matching Low – – –