Sell NEAR/USDT – 1H – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish descent down to the next support line at 1.031 will continue.

Caution: A possible change in the direction of the resistance level at 1.075000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.018 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 1.075000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High
2nd High 1.102
Next High 1.075000000
Current Price 1.057000000
Next Low 1.031
2nd Low 1.016
3rd Low 0.934

1.075000000 – 1.064 – 1.102 – 1.031 – 1.016 – 0.934 —
1.075000000 – 1.065000000 —
45.691519815516 – 56.552198982831 —
1.075000000 – 1771246800 —
– 1771246800

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