The combination Near Protocol/Tether (NEAR/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance level at 2.192 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 2.119 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
Additionally a ‘StochRSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘StochRSI Hidden Bullish Divergence’. which could be a negative chart signal. The pair is likely to go down.
Additionally a ‘Shooting Star’ candlestick pattern is existing. The candles show ‘Shooting Star’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.301 |
| 2nd High | 2.255 |
| Next High | 2.192 |
| Current Price | 2.177000000 |
| Next Low | 2.119 |
| 2nd Low | 2.084 |
| 3rd Low | 2.063 |
2.192 – 2.182 – 2.255 – 2.119 – 2.084 – 2.095 —
2.170000000 – 2.177000000 —
52.737545658947 – 55.449688583304 —
– —
2.192 – 1781911800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Shooting Star – – –