NEAR/USDT – 30M – SELL

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

A bearish movement downwards to the next support line at 1.265 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 1.317 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Tweezers Top’ chart pattern is found. The candles show ‘Tweezers Top’. 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 chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

1.317 – 1.295 – 1.288 – 1.265 – 1.256 – 1.245 —
1.298000000 – 1.316000000 —
57.520446011589 – 63.929156896667 —
– —
1.317 – 1778014800

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Tweezers Top – – –