Sell NEAR/USDT – 1H – SELL

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

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