Sell UNI/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support level at 3.501 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 3.648 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Additionally a ‘Two Crows’ candlestick pattern is discovered. The chart forms ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 4.015
2nd High 3.721
Next High 3.648
Current Price 3.565000000
Next Low 3.501
2nd Low 3.259
3rd Low 3.142

3.648 – 3.59 – 3.721 – 3.501 – 3.616 – 3.937 —
3.590000000 – 3.586000000 —
40.27725640751 – 50.740825048385 —
– —
3.648 – 1773993600

Trading Signals:

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