Sell NEAR/USDT – 4H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

The bearish trend down to the next support at 0.981 will continue.

Caution: A possible trend reversal in the direction of resistance at 1.109000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘StochRSI %K falls below 0.8’ indicator signal is found. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair could go down.

Additionally a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.81
2nd High 1.239
Next High 1.109000000
Current Price 1.009000000
Next Low 0.981
2nd Low 0.934
3rd Low 0.841

1.109000000 – 1.109 – 1.102 – 0.981 – 1.025 – 0.934 —
1.109000000 – 1.029000000 —
70.686907127435 – 41.847488082445 —
1.109000000 – 1771660800 —
– 1771660800

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