UNI/USDT – 1H – SELLThe currency pair Uniswap/Tether (UNI/USDT) jumps from the bullish trendline downwards
A bearish descent downwards to the next support at 3.208 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 3.28 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.362 |
| 2nd High | 3.328 |
| Next High | 3.28 |
| Current Price | 3.369000000 |
| Next Low | 3.208 |
| 2nd Low | 3.171 |
| 3rd Low | 3.105 |
3.28 – 3.278 – 3.246 – 3.208 – 3.171 – 3.105 —
3.276000000 – 3.449000000 —
61.270902627336 – 77.452734753829 —
– —
3.28 – 1777755600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – – –