Sell NEAR/USDT – 30M – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The currency pair Near Protocol/Tether (NEAR/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 1.322000000 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 1.397 could occur.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Besides a ‘Bearish Engulfing’ candle pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High
2nd High 1.471
Next High 1.397
Current Price 1.340000000
Next Low 1.322000000
2nd Low 1.297
3rd Low

1.397 – 1.471 – 1.467 – 1.322000000 – 1.343 – 1.373 —
1.337000000 – 1.350000000 —
41.183882090098 – 48.130172263554 —
1.322000000 – 1773934200 —
1.397 – 1773889200

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