NEAR/USDT – 1H – BUY

The pair Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline up.

A bullish ascent upwards to the next resistance at 1.416 is certain.

Caution: A possible counter-trend in the direction of support at 1.278 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Moreover a ‘Bullish Belt Hold’ candlestick pattern is found. The candles form ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

1.323 – 1.333 – 1.282 – 1.278 – 1.267 – 1.217 —
1.325000000 – 1.353000000 —
58.296640738433 – 64.040536007049 —
– —
1.323 – 1773234000

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bullish Belt Hold – – –