The currency pair Near Protocol/Tether (NEAR/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 1.318 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.455 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.
Moreover a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.455 |
| Current Price | 1.376000000 |
| Next Low | 1.318 |
| 2nd Low | 1.112 |
| 3rd Low | 1.028 |
1.455 – 1.211 – 1.26 – 1.318 – 1.112 – 1.028 —
1.374000000 – 1.416000000 —
58.363995252051 – 61.755424480544 —
– —
1.455 – 1772514000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – – –