Sell UNI/USDT – 1H – SELL

The currency pair Uniswap/Tether (UNI/USDT) moves from the descending trendline down.

A continuation of the bearish trend down to the next support level at 2.775 will persist.

Caution: A possible change in the direction of the resistance level at 3.036 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

And also a ‘Matching Low’ candlestick pattern is found. The chart shows ‘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 success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 3.131
2nd High 3.115
Next High 3.036
Current Price 2.978000000
Next Low 2.775
2nd Low 2.725
3rd Low 2.466

3.036 – 2.967 – 3.115 – 2.775 – 2.725 – 2.963 —
2.891000000 – 3.025000000 —
45.945551164301 – 63.69165411681 —
– —
3.036 – 1782363600

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals