Sell UNI/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 2.477 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 2.568 could happen.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘Three Line Strike – Bearish’ candle pattern is existing. The chart forms ‘Three Line Strike – Bearish’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).

Support & Resistance Price Range*
3rd High 2.63
2nd High 2.609
Next High 2.568
Current Price 2.526000000
Next Low 2.477
2nd Low 2.366
3rd Low

2.568 – 2.539 – 2.518 – 2.477 – 2.482 – 2.366 —
2.522000000 – 2.536000000 —
51.97210181951 – 58.210522294055 —
– —
2.568 – 1781191800

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