Sell UNI/USDT – 30M – SELL

The pair Uniswap/Tether (UNI/USDT) goes from the bullish trendline down.

The bearish trend downwards to the next support at 3.21 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 3.328 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Two Crows’ chart pattern is detected. The chart forms ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 3.439
2nd High 3.362
Next High 3.328
Current Price 3.369000000
Next Low 3.21
2nd Low 3.208
3rd Low 3.193

3.267 – 3.28 – 3.259 – 3.21 – 3.208 – 3.193 —
3.356000000 – 3.397000000 —
73.605631477444 – 64.217358801587 —
– —
3.267 – 1777809600

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