NEAR/USDT – 4H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

The combination Near Protocol/Tether (NEAR/USDT) moves from the bullish trendline down.

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

Caution: A possible trend reversal in the direction of the resistance zone at 1.443 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.2915 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 1.443 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.443 – 1.439 – 1.425 – 1.342 – 1.323 – 1.221 —
1.432000000 – 1.393000000 —
49.219328057032 – 44.903213023279 —
– —
1.443 – 1776312000

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –