NEAR/USDT – 1H – BUYThe combination Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 1.269000000 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 1.189 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.2615 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 1.269000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.416 |
| 2nd High | 1.334 |
| Next High | 1.269000000 |
| Current Price | 1.245000000 |
| Next Low | 1.189 |
| 2nd Low | 1.112 |
| 3rd Low | 1.028 |
1.269000000 – 1.256 – 1.239 – 1.189 – 1.194 – 1.209 —
1.269000000 – 1.251000000 —
58.205423199923 – 51.95021689671 —
1.269000000 – 1773025200 —
– 1773025200