The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the bullish trendline downwards
A bearish trend downwards to the next support line at 1.900000000 is likely expected.
Caution: A possible change in the direction of resistance at 1.955 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.
Next a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.98 |
| 2nd High | 1.978 |
| Next High | 1.955 |
| Current Price | 1.940000000 |
| Next Low | 1.900000000 |
| 2nd Low | 1.802 |
| 3rd Low | 1.769 |
1.955 – 1.879 – 1.855 – 1.900000000 – 1.802 – 1.769 —
1.914000000 – 1.950000000 —
45.837542172552 – 61.758765632781 —
1.900000000 – 1783004400 —
1.955 – 1782988200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –