The pair Uniswap/Tether (UNI/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 2.725 is certain.
Caution: A possible change in the direction of resistance at 3.016 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Two Crows’ chart pattern is discovered. The candles form ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.131 |
| 2nd High | 3.065 |
| Next High | 3.016 |
| Current Price | 2.752000000 |
| Next Low | 2.725 |
| 2nd Low | 2.466 |
| 3rd Low | 2.366 |
3.016 – 3.065 – 3.131 – 2.725 – 2.947 – 2.92 —
2.986000000 – 2.850000000 —
45.593087034853 – 45.718271081684 —
– —
3.016 – 1782748800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Two Crows – – –