The currency pair Near Protocol/Tether (NEAR/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at is certain.
Caution: A possible change in the direction of the resistance line at 1.505 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.
In addition a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.547 |
| 2nd High | 1.529 |
| Next High | 1.505 |
| Current Price | 1.467000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.505 – 1.529 – 1.547 – 1.465 – 1.464 – 1.265 —
1.473000000 – 1.476000000 —
41.479823556551 – 49.150637801076 —
– —
1.505 – 1778158800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – – –