UNI/USDT – 30M – SELL

The combination Uniswap/Tether (UNI/USDT) jumps from the bullish trendline down.

A bearish movement down to the next support level at 3.45 is certain.

Caution: A possible change in the direction of the resistance level at 3.577 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

There is also a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles show ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

3.572 – 3.577 – 3.428 – 3.45 – 3.451 – 3.259 —
3.509000000 – 3.560000000 —
50.600475616667 – 58.216303124395 —
– —
3.572 – 1774920600

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –