The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the bullish trendline downwards
A descent down to the next support at 1.323 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.365 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Two Crows’ candle pattern is found. The chart shows ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.471 |
| 2nd High | 1.397 |
| Next High | 1.365 |
| Current Price | 1.324000000 |
| Next Low | 1.323 |
| 2nd Low | 1.322 |
| 3rd Low | 1.297 |
1.365 – 1.35 – 1.397 – 1.323 – 1.322 – 1.343 —
1.346000000 – 1.345000000 —
47.230970804144 – 43.114989668178 —
– —
1.365 – 1773982800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Two Crows – – –