NEAR/USDT – 1H – SELL

The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the ascending trendline downwards

A descending movement downwards to the next support level at 1.267 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 1.333 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘Last Engulfing Top’ candlestick chart pattern is detected. The candles form ‘Last Engulfing Top’. 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 ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

1.333 – 1.282 – 1.269 – 1.267 – 1.217 – 1.189 —
1.290000000 – 1.323000000 —
52.291006490622 – 59.574910575532 —
– —
1.333 – 1773151200

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –