NEAR/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.2355 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 1.282 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Bearish Harami’ candlestick chart pattern is detected. The candles form ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.334 |
| 2nd High | 1.3 |
| Next High | 1.282 |
| Current Price | 1.252000000 |
| Next Low | 1.217 |
| 2nd Low | 1.189 |
| 3rd Low | 1.17 |
1.282 – 1.269 – 1.256 – 1.217 – 1.189 – 1.204 —
1.229000000 – 1.243000000 —
41.401550314522 – 49.73259382825 —
– —
1.282 – 1773084600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Harami – – –