NEAR/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the bullish trendline downwards

A bearish descent downwards to the next support level at 1.999 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 2.108 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Bearish Engulfing’ candlestick pattern is existing. The chart forms ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

2.108 – 2.066 – 2.014 – 1.999 – 2.001 – 1.968 —
2.080000000 – 2.069000000 —
59.586840940404 – 42.245504890661 —
– —
2.108 – 1784120400

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