The combination Near Protocol/Tether (NEAR/USDT) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 1.547 will continue.
Caution: A possible counter-trend in the direction of the support zone at 1.464 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.
And also a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart forms ‘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 chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.547 |
| Current Price | 1.528000000 |
| Next Low | 1.464 |
| 2nd Low | 1.265 |
| 3rd Low | 1.256 |
1.547 – 1.317 – 1.295 – 1.464 – 1.265 – 1.256 —
1.484000000 – 1.511000000 —
50.511701111568 – 58.990078968739 —
– —
1.547 – 1778103000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bullish Belt Hold – – –