Additionally a ‘Rising Wedge Chart Pattern’ chart formation is detected. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The pair Near Protocol/Tether (NEAR/USDT) moves from the ascending trendline down.
A bearish movement downwards to the next support level at 1.268 is expected.
Caution: A possible counter-trend in the direction of resistance at 1.323 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.
Additionally a ‘Matching Low’ candlestick pattern is discovered. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.334 |
| 2nd High | 1.333 |
| Next High | 1.323 |
| Current Price | 1.293000000 |
| Next Low | 1.268 |
| 2nd Low | 1.267 |
| 3rd Low | 1.217 |
1.323 – 1.303 – 1.333 – 1.268 – 1.267 – 1.217 —
1.300000000 – 1.297000000 —
55.080658886276 – 50.149934307619 —
– —
1.323 – 1773235800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –