The pair Near Protocol/Tether (NEAR/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 1.221 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.312000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Shooting Star’ candle chart pattern is discovered. The candles show ‘Shooting Star’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.443 |
| 2nd High | 1.433 |
| Next High | 1.312000000 |
| Current Price | 1.273000000 |
| Next Low | 1.221 |
| 2nd Low | 1.14 |
| 3rd Low | 1.129 |
1.312000000 – 1.433 – 1.432 – 1.322 – 1.342 – 1.323 —
1.312000000 – 1.281000000 —
42.960354878396 – 47.01894157783 —
1.312000000 – 1777867200 —
– 1777867200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Shooting Star – Symmetrical Triangle Chart Pattern – –