Sell NEAR/USDT – 4H – SELL

The combination Near Protocol/Tether (NEAR/USDT) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at 1.189 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 1.455 could happen.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.204 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 1.455 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Southern Doji’ candle chart pattern is found. The chart shows ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 1.894
2nd High 1.81
Next High 1.455
Current Price 1.333000000
Next Low 1.189
2nd Low 1.028
3rd Low 0.953

1.333 – 1.455 – 1.26 – 1.189 – 1.028 – 0.953 —
1.335000000 – 1.376000000 —
63.220290081521 – 59.484520035068 —
– —
1.333 – 1773144000

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