NEAR/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at 1.93 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 2.199 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

2.199 – 2.279 – 2.193 – 1.962 – 2.09 – 2.099 —
1.978000000 – 1.951000000 —
34.321794417426 – 33.907520067491 —
– —
2.199 – 1782111600

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – – –