NEAR/USDT – 1H – SELL

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 1.278 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.32 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. 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 Black Crows’ going down is 82%.

1.3 – 1.32 – 1.343 – 1.278 – 1.279 – 1.291 —
1.292000000 – 1.304000000 —
50.640589925932 – 57.843162548617 —
– —
1.3 – 1777687200

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –