NEAR/USDT – 4H – BUYThe combination Near Protocol/Tether (NEAR/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 1.455 is expected.
Caution: A possible counter-trend in the direction of the support level at 1.028 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.894 |
| 2nd High | 1.81 |
| Next High | 1.455 |
| Current Price | 1.245000000 |
| Next Low | 1.028 |
| 2nd Low | 0.953 |
| 3rd Low | 0.934 |
1.455 – 1.26 – 1.109 – 1.028 – 0.953 – 0.981 —
1.245000000 – 1.219000000 —
42.532159370589 – 41.992941461187 —
– —
1.455 – 1772513700
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bullish Belt Hold – – –