NEAR/USDT – 30M – SELL

The combination Near Protocol/Tether (NEAR/USDT) goes from the ascending trendline down.

A bearish movement down to the next support at 1.304 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.422 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

There is also a ‘Three Outside Down’ candlestick chart pattern is found. The candles form ‘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 likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.422 – 1.342 – 1.307 – 1.304 – 1.278 – 1.286 —
1.421000000 – 1.385000000 —
67.597747447996 – 55.712798545262 —
– —
1.422 – 1773365400

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –