NEAR/USDT – 1H – SELL

The currency pair Near Protocol/Tether (NEAR/USDT) goes from the ascending trendline downwards

A bearish trend down to the next support at 1.112 is certain.

Caution: A possible counter-trend in the direction of the resistance line at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Matching Low’ candlestick chart pattern is existing. The chart forms ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.211 – 1.26 – 0.991 – 1.112 – 1.028 – 0.953 —
1.337000000 – 1.421000000 —
76.607108695135 – 82.539567951242 —
– —
1.211 – 1772352000

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –