Sell UNI/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 2.456 is certain.

Caution: A possible change in the direction of the resistance line at 2.609 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

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

Support & Resistance Price Range*
3rd High 2.938
2nd High 2.63
Next High 2.609
Current Price 2.469000000
Next Low 2.456
2nd Low 2.407
3rd Low

2.609 – 2.63 – 2.938 – 2.456 – 2.497 – 2.407 —
2.533000000 – 2.512000000 —
45.854825707559 – 48.710196479668 —
– —
2.609 – 1780945200

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