The pair Near Protocol/Tether (NEAR/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 1.959 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 2.155 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Furthermore a ‘Three Outside Down’ candlestick pattern is detected. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.265 |
| 2nd High | 2.261 |
| Next High | 2.155 |
| Current Price | 1.999000000 |
| Next Low | 1.959 |
| 2nd Low | 1.93 |
| 3rd Low | 1.813 |
2.155 – 2.119 – 2.084 – 1.959 – 1.93 – 2.001 —
2.041000000 – 2.023000000 —
41.348184146782 – 45.974507092204 —
– —
2.155 – 1781258400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –