Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The pair Near Protocol/Tether (NEAR/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 1.17 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.247 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Also there is a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.334 |
| 2nd High | 1.3 |
| Next High | 1.247 |
| Current Price | 1.212000000 |
| Next Low | 1.17 |
| 2nd Low | 1.112 |
| 3rd Low | 1.028 |
1.247 – 1.3 – 1.334 – 1.225 – 1.216 – 1.249 —
1.242000000 – 1.227000000 —
48.471202900077 – 36.050064075826 —
– —
1.247 – 1772843400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –