Sell UNI/USDT – 30M – SELL

The currency pair Uniswap/Tether (UNI/USDT) goes from the ascending trendline down.

A bearish movement downwards to the next support level at 2.466 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 2.585 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

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

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 2.556916 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 2.585 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 2.63
2nd High 2.609
Next High 2.585
Current Price 2.568000000
Next Low 2.466
2nd Low 2.366
3rd Low

2.567 – 2.585 – 2.563 – 2.466 – 2.532 – 2.483 —
2.499000000 – 2.608000000 —
41.651891147659 – 75.339729912635 —
– —
2.567 – 1781386200

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