The pair Near Protocol/Tether (NEAR/USDT) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.505 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
There is also a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.547 |
| 2nd High | 1.529 |
| Next High | 1.505 |
| Current Price | 1.467000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.505 – 1.529 – 1.547 – 1.465 – 1.464 – 1.265 —
1.473000000 – 1.476000000 —
41.479823556551 – 49.150637801076 —
– —
1.505 – 1778158800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – – –