Sell NEAR/USDT – 30M – SELL

The pair Near Protocol/Tether (NEAR/USDT) jumps from the ascending trendline down.

A descent down to the next support line at 1.278 is likely expected.

Caution: A possible change in the direction of the resistance zone at 1.305 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Three Outside Down’ candlestick chart pattern is existing. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 1.32
2nd High 1.313
Next High 1.305
Current Price 1.271000000
Next Low 1.278
2nd Low 1.221
3rd Low 1.197

1.305 – 1.3 – 1.313 – 1.278 – 1.285 – 1.279 —
1.278000000 – 1.282000000 —
36.446101541597 – 47.751965508936 —
– —
1.305 – 1777757400

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