Sell NEAR/USDT – 1H – SELL

And also a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 1.261 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.323 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 1.334
2nd High 1.333
Next High 1.323
Current Price 1.285000000
Next Low 1.267
2nd Low 1.217
3rd Low 1.189

1.323 – 1.333 – 1.282 – 1.267 – 1.217 – 1.189 —
1.306000000 – 1.307000000 —
52.950567933752 – 58.568463074372 —
– —
1.323 – 1773234000

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