The combination Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 2.199 will persist.
Caution: A possible change in the direction of the support line at 1.86 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Next a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.301 |
| 2nd High | 2.279 |
| Next High | 2.199 |
| Current Price | 1.970000000 |
| Next Low | 1.86 |
| 2nd Low | 1.813 |
| 3rd Low | 1.581 |
2.199 – 2.279 – 2.193 – 1.86 – 1.962 – 2.09 —
1.956000000 – 1.947000000 —
48.710196491627 – 46.66978584093 —
– —
2.199 – 1782111600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three White Soldiers – – –