The pair Near Protocol/Tether (NEAR/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance at 2.265 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 2.033000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Bullish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bullish Engulfing’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.937 |
| 2nd High | 2.489 |
| Next High | 2.265 |
| Current Price | 2.234000000 |
| Next Low | 2.033000000 |
| 2nd Low | 1.955 |
| 3rd Low | 1.857 |
2.204 – 2.265 – 2.197 – 2.033000000 – 2.045 – 2.095 —
2.114000000 – 2.220000000 —
44.905011626588 – 63.699534351655 —
2.033000000 – 1781020800 —
2.204 – 1780990200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bullish Engulfing – – –