The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the bullish trendline down.
A descent downwards to the next support at 1.958 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 2.025 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ” indicator layout is found. The indicator shows ”. which could be a negative signal. The currency pair is likely to fall.
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In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.
In addition a ‘Collapsing Doji Star’ candle chart pattern is discovered. The chart forms ‘Collapsing Doji Star’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.191 |
| 2nd High | 2.149 |
| Next High | 2.025 |
| Current Price | 2.025000000 |
| Next Low | 1.958 |
| 2nd Low | 1.9 |
| 3rd Low | 1.802 |
2.025 – 1.955 – 1.879 – 1.958 – 1.9 – 1.802 —
1.981000000 – 2.044000000 —
49.577872032601 – 73.200370239548 —
– —
2.025 – 1783130700
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Collapsing Doji Star – Rising Wedge Chart Pattern – –