NEAR/USDT – 1H – SELL

The combination Near Protocol/Tether (NEAR/USDT) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at is likely expected.

Caution: A possible change in the direction of the resistance zone at 2.261 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.

There is also a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles show ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

2.261 – 2.265 – 2.101 – 1.93 – 2.001 – 2.033 —
1.987000000 – 2.080000000 —
33.386657008236 – 49.554786897163 —
– —
2.261 – 1781038800

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Engulfing – – –