NEAR/USDT – 30M – SELL

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

A bearish descent downwards to the next support line at 2.455 will persist.

Caution: A possible counter-trend in the direction of resistance at 3.087 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

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 2.651 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 3.087 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart forms ‘Bearish Engulfing’. 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 Engulfing’ going down is 79%.

3.087 – 2.775 – 2.737 – 2.455 – 2.562 – 2.286 —
3.071000000 – 2.903000000 —
54.681497178547 – 48.133750796291 —
– —
3.087 – 1780498800

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Engulfing – – –