The pair Near Protocol/Tether (NEAR/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support line at is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.505 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.
Then a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.547 |
| 2nd High | 1.529 |
| Next High | 1.505 |
| Current Price | 1.467000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.505 – 1.529 – 1.547 – 1.465 – 1.464 – 1.265 —
1.473000000 – 1.476000000 —
41.479823556551 – 49.150637801076 —
– —
1.505 – 1778158800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – – –