The pair Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 1.98 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.86 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.149 |
| 2nd High | 2.005 |
| Next High | 1.98 |
| Current Price | 1.974000000 |
| Next Low | 1.86 |
| 2nd Low | 1.857 |
| 3rd Low | 1.813 |
1.98 – 2.005 – 2.149 – 1.86 – 1.949 – 1.964 —
1.952000000 – 1.971000000 —
51.04440787652 – 60.152502185924 —
– —
1.98 – 1782338400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three White Soldiers – – –