The combination Near Protocol/Tether (NEAR/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 1.216 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.3 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
There is also a ‘Two Crows’ candlestick chart pattern is found. The chart forms ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.412 |
| 2nd High | 1.334 |
| Next High | 1.3 |
| Current Price | 1.231000000 |
| Next Low | 1.216 |
| 2nd Low | 1.17 |
| 3rd Low | 1.112 |
1.3 – 1.334 – 1.412 – 1.216 – 1.249 – 1.245 —
1.245000000 – 1.245000000 —
42.372231185355 – 50.711882757707 —
– —
1.3 – 1772760600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –