NEAR/USDT – 30M – SELL

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.028016 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 1.109 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Matching Low’ candlestick chart pattern is detected. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.109 – 1.023 – 1.066 – 1.003 – 1.004 – 1.028 —
1.095000000 – 1.063000000 —
59.992941670779 – 40.96844564607 —
– —
1.109 – 1771671600

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Matching Low – Double bottom retreat down – –