NEAR/USDT – 1H – SELL

The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the ascending trendline downwards

A bearish descent down to the next support level at 1.802 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 1.955 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Two Crows’ candlestick pattern is found. The chart forms ‘Two 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 chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.955 – 1.879 – 1.855 – 1.802 – 1.769 – 1.723 —
1.953000000 – 1.951000000 —
67.370749925387 – 63.08692510913 —
– —
1.955 – 1782986400

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Two Crows – – –