NEAR/USDT – 1H – SELL

The pair Near Protocol/Tether (NEAR/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support at 1.857 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 1.939 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.88054 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 1.939 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Inside Down’ candle chart pattern is discovered. The chart shows ‘Three Inside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

1.939 – 1.924 – 1.919 – 1.857 – 1.857 – 1.877 —
1.919000000 – 1.921000000 —
49.945619524969 – 51.22267692463 —
– —
1.939 – 1783886400

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Inside Down – Symmetrical Triangle Chart Pattern – –