The pair Near Protocol/Tether (NEAR/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 1.455 is likely expected.
Caution: A possible change in the direction of the support level at 1.028 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Next a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.894 |
| 2nd High | 1.81 |
| Next High | 1.455 |
| Current Price | 1.242000000 |
| Next Low | 1.028 |
| 2nd Low | 0.953 |
| 3rd Low | 0.934 |
1.455 – 1.26 – 1.109 – 1.028 – 0.953 – 0.981 —
1.233000000 – 1.239000000 —
40.241749677891 – 44.215588237012 —
– —
1.455 – 1772513700
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Northern Doji – – –