NEAR/USDT – 4H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 1.212 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 1.471 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Bearish Engulfing’ candle pattern is found. The chart forms ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

1.471 – 1.422 – 1.333 – 1.297 – 1.189 – 1.028 —
1.404000000 – 1.359000000 —
50.66546637702 – 43.588983075211 —
– —
1.471 – 1773792000

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –