NEAR/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support level at 1.221 will continue.

Caution: A possible change in the direction of the resistance line at 1.312 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 1.262 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 1.312 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Bearish Separating Lines’ candlestick pattern is existing. The candles form ‘Bearish Separating Lines’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Separating Lines’ going down is 63% (Bull Market) & 76% (Bear Market).

1.312 – 1.286 – 1.305 – 1.262 – 1.268 – 1.278 —
1.292000000 – 1.284000000 —
52.702280860916 – 33.966824641756 —
– —
1.312 – 1777869000

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Separating Lines – – –