Then a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The currency pair Near Protocol/Tether (NEAR/USDT) moves from the ascending trendline down.
A bearish trend down to the next support level at 1.857 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 2.108 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.
Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.279 |
| 2nd High | 2.11 |
| Next High | 2.108 |
| Current Price | 1.917000000 |
| Next Low | 1.857 |
| 2nd Low | 1.842 |
| 3rd Low | 1.723 |
2.108 – 1.967 – 2.11 – 1.857 – 1.842 – 1.723 —
2.087000000 – 2.008000000 —
62.370703405405 – 48.879809823681 —
– —
2.108 – 1784117100
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – – Rising Wedge Chart Pattern – –