NEAR/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at 1.268 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.305 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.268 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.305 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ going down is 82%.

1.305 – 1.3 – 1.32 – 1.268 – 1.278 – 1.279 —
1.280000000 – 1.299000000 —
44.904051329997 – 53.534736058843 —
– —
1.305 – 1777755600

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –