NEAR/USDT – 30M – SELL

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 2.0425 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 2.155 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Bearish Belt Hold’ candlestick chart pattern is discovered. The candles form ‘Bearish Belt Hold’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

2.155 – 2.119 – 2.079 – 2.02 – 1.959 – 1.987 —
2.115000000 – 2.093000000 —
52.606574113236 – 50.091828498546 —
– —
2.155 – 1781258400

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern – –