The currency pair Near Protocol/Tether (NEAR/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 2.084000000 will persist.
Caution: A possible trend reversal in the direction of resistance at 2.255 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.
In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
In addition a ‘Bearish Belt Hold’ candlestick pattern is detected. The chart shows ‘Bearish Belt Hold’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.389 |
| 2nd High | 2.301 |
| Next High | 2.255 |
| Current Price | 2.140000000 |
| Next Low | 2.084000000 |
| 2nd Low | |
| 3rd Low |
2.255 – 2.301 – 2.389 – 2.084000000 – 2.095 – 2.13 —
2.109000000 – 2.168000000 —
34.06967308988 – 55.489450680847 —
2.084000000 – 1781870400 —
2.255 – 1781829000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Belt Hold – – –