The pair Near Protocol/Tether (NEAR/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 1.323 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 1.365 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.
In addition a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.
In addition a ‘Bearish Belt Hold’ candle chart pattern is discovered. The candles form ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.471 |
| 2nd High | 1.397 |
| Next High | 1.365 |
| Current Price | 1.323000000 |
| Next Low | 1.323 |
| 2nd Low | 1.322 |
| 3rd Low | 1.297 |
1.365 – 1.35 – 1.397 – 1.323 – 1.322 – 1.343 —
1.343000000 – 1.334000000 —
42.220314820197 – 45.418600482992 —
– —
1.365 – 1773982800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Belt Hold – – –