UNI/USDT – 30M – SELL

The combination Uniswap/Tether (UNI/USDT) moves from the bullish trendline downwards

The bearish trend downwards to the next support level at 3.129000000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 3.284 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘Matching Low’ candle pattern is discovered. The chart shows ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

3.26 – 3.211 – 3.211 – 3.129000000 – 3.108 – 3.069 —
3.196000000 – 3.283000000 —
58.024736622123 – 68.431911179673 —
3.129000000 – 1783434600 —
3.26 – 1783371600

Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –