Sell NEAR/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support at 1.267 will continue.

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

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 1.416
2nd High 1.334
Next High 1.333
Current Price 1.320000000
Next Low 1.267
2nd Low 1.217
3rd Low 1.189

1.323 – 1.333 – 1.282 – 1.267 – 1.217 – 1.189 —
1.296000000 – 1.338000000 —
47.354905827094 – 66.895006124981 —
– —
1.323 – 1773234000

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