There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 2.119 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 2.192 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Two Crows’ candle chart pattern is discovered. The candles show ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.301 |
| 2nd High | 2.255 |
| Next High | 2.192 |
| Current Price | 2.160000000 |
| Next Low | 2.119 |
| 2nd Low | 2.084 |
| 3rd Low | 2.063 |
2.192 – 2.182 – 2.255 – 2.119 – 2.084 – 2.095 —
2.174000000 – 2.183000000 —
52.19721169781 – 56.459124046788 —
– —
2.192 – 1781911800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –