NEAR/USDT – 30M – SELL

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

A bearish trend downwards to the next support line at 1.318 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.455 should always be considered.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.2415 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 1.455 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Two Crows’ candle pattern is existing. The candles show ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.455 – 1.226 – 1.211 – 1.318 – 1.17 – 1.112 —
1.392000000 – 1.374000000 —
59.571837371254 – 52.64984301581 —
– —
1.455 – 1772514000

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –