NEAR/USDT – 30M – SELL

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

A descending movement downwards to the next support level at 1.364 will persist.

Caution: A possible trend reversal in the direction of resistance at 1.41 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘Two Crows’ chart pattern is detected. The candles form ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.41 – 1.395 – 1.388 – 1.364 – 1.349 – 1.343 —
1.411000000 – 1.417000000 —
57.564792347419 – 59.04848827808 —
– —
1.41 – 1776087000

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Two Crows – – –