UNI/USDT – 30M – SELLAdditionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 3.5465 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 3.847 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Two Crows’ candlestick pattern is detected. The candles show ‘Two Crows’. which is a negative pattern 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 | 4.17 |
| 2nd High | 3.932 |
| Next High | 3.847 |
| Current Price | 3.659000000 |
| Next Low | 3.575 |
| 2nd Low | 3.458 |
| 3rd Low | 3.295 |
3.674 – 3.847 – 3.797 – 3.575 – 3.458 – 3.295 —
3.668000000 – 3.716000000 —
49.790836488027 – 62.701670754817 —
– —
3.674 – 1783846800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –