Sell UNI/USDT – 4H – SELL

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

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