Buy NEAR/USDT – 1H – BUY

The combination Near Protocol/Tether (NEAR/USDT) moves from the descending trendline upwards

A bullish movement upwards to the next resistance line at 1.305 will continue.

Caution: A possible change in the direction of the support line at 1.221 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The pair is likely to go up.

Moreover a ‘Three Outside Up’ candle pattern is existing. The candles form ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 1.343
2nd High 1.32
Next High 1.305
Current Price 1.278000000
Next Low 1.221
2nd Low 1.197
3rd Low 1.14

1.305 – 1.3 – 1.32 – 1.278 – 1.279 – 1.291 —
1.278000000 – 1.275000000 —
33.962879544237 – 38.657641421281 —
– —
1.305 – 1777755600

Trading Signals:

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