UNI/USDT – 4H – SELL

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

A continuation of the downward movement down to the next support at 3.32 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 4.17 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

And also a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

4.17 – 3.521 – 3.453 – 3.32 – 3.105 – 3.175 —
3.477000000 – 3.498000000 —
33.533245367874 – 43.45339248135 —
– —
4.17 – 1778414400

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –