The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 2.033 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 2.204 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.489 |
| 2nd High | 2.265 |
| Next High | 2.204 |
| Current Price | 2.175000000 |
| Next Low | 2.033 |
| 2nd Low | 1.955 |
| 3rd Low | 1.857 |
2.204 – 2.265 – 2.197 – 2.033 – 2.045 – 2.095 —
2.135000000 – 2.261000000 —
48.966736015318 – 55.928762961524 —
– —
2.204 – 1780990200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – – –