Buy NEAR/USDT – 4H – BUY

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

A bullish ascent up to the next resistance line at 1.455 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at 1.189 could occur.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 1.455 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.455 could occur.
Consider stop-loss settings accordingly.

Then a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 1.894
2nd High 1.81
Next High 1.455
Current Price 1.388000000
Next Low 1.189
2nd Low 1.028
3rd Low 0.953

1.333 – 1.455 – 1.26 – 1.189 – 1.028 – 0.953 —
1.323000000 – 1.353000000 —
58.929237786073 – 66.718852180455 —
– —
1.333 – 1773144000

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