NEAR/USDT – 1H – BUY

The pair Near Protocol/Tether (NEAR/USDT) moves from the bullish trendline up.

A continuation of the bullish trend up to the next resistance at 2.06 is certain.

Caution: A possible counter-trend in the direction of the support level at 1.921 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.

Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2.06 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 2.06 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Up’ candle pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

2.06 – 2.047 – 2.025 – 1.921 – 1.802 – 1.769 —
1.994000000 – 2.014000000 —
46.797719173096 – 44.662484313547 —
– —
2.06 – 1783288800

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – – –