The pair Near Protocol/Tether (NEAR/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 1.225 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 1.247000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair could go down.
Then a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.334 |
| 2nd High | 1.3 |
| Next High | 1.247000000 |
| Current Price | 1.227000000 |
| Next Low | 1.225 |
| 2nd Low | 1.216 |
| 3rd Low | 1.17 |
1.247000000 – 1.3 – 1.334 – 1.225 – 1.216 – 1.249 —
1.247000000 – 1.234000000 —
51.104817334286 – 44.243089641696 —
1.247000000 – 1772843400 —
– 1772843400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –