NEAR/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.27088 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 1.33 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Outside Down’ chart pattern is existing. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.33 – 1.327 – 1.332 – 1.295 – 1.252 – 1.264 —
1.304000000 – 1.292000000 —
44.670959961272 – 42.464944943658 —
– —
1.33 – 1774346400

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Down – – –