NEAR/USDT – 30M – SELL

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

The bearish trend down to the next support line at 1.278 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.342 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Bearish Engulfing’ candlestick pattern is existing. The chart forms ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

1.342 – 1.307 – 1.323 – 1.278 – 1.286 – 1.268 —
1.330000000 – 1.347000000 —
58.280042776149 – 62.816667959131 —
– —
1.342 – 1773313200

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –