NEAR/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 2.026000000 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 2.261 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.

Besides a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 2.001 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 2.261 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Southern Doji’ candle chart pattern is discovered. The candles show ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

2.261 – 2.204 – 2.265 – 2.026000000 – 2.001 – 2.033 —
2.044000000 – 2.127000000 —
37.933267694624 – 48.713685322174 —
2.026000000 – 1781092800 —
2.261 – 1781038800

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –