NEAR/USDT – 1H – SELL

The pair Near Protocol/Tether (NEAR/USDT) jumps from the ascending trendline down.

A bearish trend downwards to the next support level at 1.959 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 2.119 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘Matching Low’ candlestick chart pattern is found. The candles form ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

2.119 – 2.084 – 2.261 – 1.959 – 1.93 – 2.001 —
2.109000000 – 2.146000000 —
57.803728984876 – 58.531321280713 —
– —
2.119 – 1781211600

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Matching Low – – –