NEAR/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

The combination Near Protocol/Tether (NEAR/USDT) jumps from the ascending trendline downwards

A descent down to the next support level at 1.958 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 2.047 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.

2.047 – 2.025 – 1.955 – 1.958 – 1.9 – 1.802 —
2.013000000 – 2.007000000 —
52.315765941062 – 48.721426177523 —
– —
2.047 – 1783179000

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –