NEAR/USDT – 30M – SELL

The currency pair Near Protocol/Tether (NEAR/USDT) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 0.938 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.987 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

And also a ‘Three Outside Down’ candle chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.987 – 0.999 – 1.004 – 0.938 – 0.944 – 0.982 —
1.003000000 – 0.970000000 —
56.93680436537 – 46.063505751582 —
– —
0.987 – 1770845400

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Down – – –