The pair Uniswap/Tether (UNI/USDT) goes from the bullish trendline downwards
The bearish trend downwards to the next support level at 2.466 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 2.585 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.63 |
| 2nd High | 2.609 |
| Next High | 2.585 |
| Current Price | 2.594000000 |
| Next Low | 2.466 |
| 2nd Low | 2.366 |
| 3rd Low |
2.585 – 2.563 – 2.568 – 2.466 – 2.483 – 2.477 —
2.598000000 – 2.606000000 —
66.090404952737 – 68.149397520939 —
– —
2.585 – 1781362800