NEAR/USDT – 30M – SELL

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

A descending movement down to the next support level at 1.304 is considered certain.

Caution: A possible change in the direction of the resistance zone at 1.342 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Three Inside Down’ candlestick chart pattern is existing. The candles form ‘Three Inside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

1.342 – 1.307 – 1.323 – 1.304 – 1.278 – 1.286 —
1.332000000 – 1.348000000 —
55.659733418793 – 65.782351206648 —
– —
1.342 – 1773313200

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –