NEAR/USDT – 4H – BUY

The currency pair Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline up.

The bullish trend upwards to the next resistance at 1.102 is likely expected.

Caution: A possible change in the direction of the support level at 1.025 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.

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

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

1.102 – 1.239 – 1.81 – 1.025 – 0.934 – 0.841 —
1.023000000 – 1.024000000 —
42.576980437807 – 45.058676427459 —
– —
1.102 – 1771099200

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – Double bottom chart pattern – –