NEAR/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

The bearish trend downwards to the next support level at 1.451 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 1.618 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.

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

1.618 – 1.505 – 1.529 – 1.451 – 1.465 – 1.464 —
1.583000000 – 1.590000000 —
54.816215914741 – 54.699020948926 —
– —
1.618 – 1778292000

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –