Sell NEAR/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support level at 1.221 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.312000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Shooting Star’ candle chart pattern is discovered. The candles show ‘Shooting Star’. 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 likelyhood of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

Support & Resistance Price Range*
3rd High 1.443
2nd High 1.433
Next High 1.312000000
Current Price 1.273000000
Next Low 1.221
2nd Low 1.14
3rd Low 1.129

1.312000000 – 1.433 – 1.432 – 1.322 – 1.342 – 1.323 —
1.312000000 – 1.281000000 —
42.960354878396 – 47.01894157783 —
1.312000000 – 1777867200 —
– 1777867200

Trading Signals:

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