Sell NEAR/USDT – 4H – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.841 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of support at 1.239 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.894
2nd High 1.81
Next High 1.239
Current Price 1.041000000
Next Low 0.934
2nd Low 0.841
3rd Low

1.239 – 1.81 – 1.894 – 0.934 – 0.841 – 1.091 —
1.032000000 – 1.090000000 —
59.689514627652 – 65.831078650594 —
– —
1.239 – 1770033600

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