The pair Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance level at 1.312 is expected.
Caution: A possible counter-trend in the direction of the support zone at 1.265 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.312 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.312 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.343 |
| 2nd High | 1.32 |
| Next High | 1.312 |
| Current Price | 1.317000000 |
| Next Low | 1.265 |
| 2nd Low | 1.245 |
| 3rd Low | 1.221 |
1.288 – 1.312 – 1.305 – 1.265 – 1.245 – 1.262 —
1.277000000 – 1.317000000 —
48.725870323154 – 65.495372149655 —
– —
1.288 – 1777932000