The pair Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance at 1.269 is expected.
Caution: A possible change in the direction of support at 1.189 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
Then a ‘Bullish Separating Lines’ candlestick pattern is found. The candles form ‘Bullish Separating Lines’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.334 |
| 2nd High | 1.3 |
| Next High | 1.269 |
| Current Price | 1.235000000 |
| Next Low | 1.189 |
| 2nd Low | 1.17 |
| 3rd Low | 1.112 |
1.269 – 1.256 – 1.239 – 1.189 – 1.204 – 1.194 —
1.281000000 – 1.229000000 —
65.255457544466 – 41.401551155068 —
– —
1.269 – 1773025200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bullish Separating Lines – Symmetrical Triangle Chart Pattern – –