The currency pair Near Protocol/Tether (NEAR/USDT) goes from the ascending trendline downwards
A descending movement downwards to the next support line at 1.016 is considered certain.
Caution: A possible change in the direction of the resistance level at 1.102 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish 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 ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.114 |
| 2nd High | 1.103 |
| Next High | 1.102 |
| Current Price | 1.044000000 |
| Next Low | 1.016 |
| 2nd Low | 0.934 |
| 3rd Low | 0.841 |
1.102 – 1.031 – 1.011 – 1.016 – 0.934 – 0.938 —
1.090000000 – 1.062000000 —
55.319665635931 – 45.620480758887 —
– —
1.102 – 1771102800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –