UNI/USDT – 30M – SELL

The combination Uniswap/Tether (UNI/USDT) goes from the descending trendline down.

A continuation of the downtrend downwards to the next support level at 2.483 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 2.567 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Bearish Engulfing’ candlestick pattern is existing. The chart shows ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

2.567 – 2.585 – 2.563 – 2.532 – 2.483 – 2.491 —
2.564000000 – 2.537000000 —
55.783915992497 – 43.915492885574 —
– —
2.567 – 1781386200

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –