In addition a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.
The pair Near Protocol/Tether (NEAR/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support at 2.289 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 2.562 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3.087 |
| Next High | 2.562 |
| Current Price | 2.317000000 |
| Next Low | 2.289 |
| 2nd Low | 2.063 |
| 3rd Low | 1.977 |
2.562 – 2.545 – 2.187 – 2.289 – 2.341 – 2.063 —
2.374000000 – 2.348000000 —
44.156759223828 – 46.168066021082 —
– —
2.562 – 1781604000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – – Rising Wedge Chart Pattern – –