UNI/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Current target is 3.168378 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support zone at 3.291 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Hanging Man’ candle chart pattern is discovered. The candles show ‘Hanging Man’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Hanging Man’ going down is 59% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.729 |
| 2nd High | 3.329 |
| Next High | 3.291 |
| Current Price | 3.279000000 |
| Next Low | 3.149 |
| 2nd Low | 2.778 |
| 3rd Low | 2.718 |
3.249 – 3.291 – 2.86 – 3.149 – 2.778 – 2.718 —
3.223000000 – 3.289000000 —
54.323615528653 – 66.338881070818 —
– —
3.249 – 1783045800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Hanging Man – Rising Wedge Chart Pattern – –