Sell NEAR/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 1.465 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 1.505 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Two Crows’ chart pattern is discovered. The candles form ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 1.547
2nd High 1.529
Next High 1.505
Current Price 1.469000000
Next Low 1.465
2nd Low 1.464
3rd Low 1.265

1.505 – 1.529 – 1.547 – 1.465 – 1.464 – 1.265 —
1.465000000 – 1.471000000 —
43.100454403478 – 49.150637957235 —
– —
1.505 – 1778158800

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