Additionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The pair Near Protocol/Tether (NEAR/USDT) moves from the bullish trendline downwards
A descending movement down to the next support line at 1.245 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.334 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Collapsing Doji Star’ chart pattern is existing. The candles show ‘Collapsing Doji Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.455 |
| 2nd High | 1.416 |
| Next High | 1.334 |
| Current Price | 1.271000000 |
| Next Low | 1.245 |
| 2nd Low | 1.112 |
| 3rd Low | 1.028 |
1.334 – 1.416 – 1.455 – 1.245 – 1.318 – 1.112 —
1.305000000 – 1.288000000 —
47.587219559975 – 45.758072442711 —
– —
1.334 – 1772697600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Collapsing Doji Star – Symmetrical Triangle Chart Pattern – –