The pair Near Protocol/Tether (NEAR/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support line at 1.88 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 2.085 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.
Besides a ‘Bearish Belt Hold’ candlestick pattern is existing. The candles show ‘Bearish Belt Hold’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.108 |
| 2nd High | 2.087 |
| Next High | 2.085 |
| Current Price | 1.921000000 |
| Next Low | 1.88 |
| 2nd Low | 1.877 |
| 3rd Low | 1.857 |
2.085 – 2.087 – 2.108 – 1.88 – 1.958 – 2.008 —
1.914000000 – 1.932000000 —
35.087560739591 – 44.649145895688 —
– —
2.085 – 1784208600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Belt Hold – – –