Sell NEAR/USDT – 30M – SELL

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

A bearish movement down to the next support at 1.99 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 2.149 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

Besides a ‘Bearish Engulfing’ candlestick pattern is detected. The candles show ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 2.199
2nd High 2.191
Next High 2.149
Current Price 2.018000000
Next Low 1.99
2nd Low 1.977
3rd Low 1.959

2.149 – 2.191 – 2.199 – 2.09 – 2.099 – 2.119 —
2.069000000 – 2.035000000 —
39.301978982426 – 33.343246794099 —
– —
2.149 – 1782160200

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