NEAR/USDT – 30M – BUY

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

A bullish trend up to the next resistance level at 1.247 will continue.

Caution: A possible trend reversal in the direction of the support line at 1.216 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Also there is a ‘Inverted Hammer’ candlestick pattern is detected. The candles show ‘Inverted Hammer’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Inverted Hammer’ going up is 65% (Bull Market).

1.247 – 1.3 – 1.334 – 1.225 – 1.216 – 1.249 —
1.234000000 – 1.216000000 —
44.243089883213 – 34.082181636486 —
– —
1.247 – 1772843400

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Inverted Hammer – – –