UNI/USDT – 30M – SELL

The currency pair Uniswap/Tether (UNI/USDT) jumps from the bullish trendline down.

A bearish movement downwards to the next support line at 2.671 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 3.57 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Matching Low’ candle chart pattern is discovered. The candles form ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

3.03 – 2.746 – 2.608 – 2.671 – 2.466 – 2.532 —
3.442000000 – 3.620000000 —
73.617205555176 – 71.735705194376 —
– —
3.03 – 1781571600

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Matching Low – – –