NEAR/USDT – 1H – SELL

The currency pair Near Protocol/Tether (NEAR/USDT) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 1.046 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.046 – 1.08 – 1.103 – 0.841 – 1.128 – 1.123 —
0.973000000 – 0.972000000 —
27.723717831955 – 45.014980951862 —
– —
1.046 – 1770667200

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Two Crows – Double top chart pattern – –