The combination Near Protocol/Tether (NEAR/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 1.959 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 2.119 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.
Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
Moreover a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. this 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 Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.261 |
| 2nd High | 2.175 |
| Next High | 2.119 |
| Current Price | 2.044000000 |
| Next Low | 1.959 |
| 2nd Low | 1.93 |
| 3rd Low | 1.857 |
2.119 – 2.079 – 2.084 – 1.959 – 1.987 – 1.93 —
2.061000000 – 2.102000000 —
47.92403248729 – 58.828234629212 —
– —
2.119 – 1781211600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – – –