The pair Uniswap/Tether (UNI/USDT) moves from the ascending trendline down.
A bearish descent down to the next support line at 3.149 is likely expected.
Caution: A possible change in the direction of the resistance line at 3.291 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.729 |
| 2nd High | 3.329 |
| Next High | 3.291 |
| Current Price | 3.213000000 |
| Next Low | 3.149 |
| 2nd Low | 2.778 |
| 3rd Low | 2.718 |
3.291 – 2.86 – 2.883 – 3.149 – 2.778 – 2.718 —
3.179000000 – 3.249000000 —
56.085475434722 – 66.033657287291 —
– —
3.291 – 1783011600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – – Rising Wedge Chart Pattern – –