NEAR/USDT – 1H – SELL

The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend down to the next support line at 1.903 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 1.967 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Also there is a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Also there is a ‘Three Outside Down’ chart pattern is existing. The chart forms ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.967 – 1.947 – 2.078 – 1.903 – 1.842 – 1.952 —
1.952000000 – 1.952000000 —
58.587818592878 – 59.271027757074 —
– —
1.967 – 1783645200

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Down – – –