UNI/USDT – 30M – SELL

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 2.534 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 2.567 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Bearish Engulfing’ candle pattern is found. The chart shows ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

2.567 – 2.585 – 2.563 – 2.532 – 2.483 – 2.491 —
2.562000000 – 2.564000000 —
53.955092650974 – 55.783914898106 —
– —
2.567 – 1781386200

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Engulfing – – –