The currency pair Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance line at 1.269 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1.189 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 1.25188 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.269 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.334 |
| 2nd High | 1.3 |
| Next High | 1.269 |
| Current Price | 1.239000000 |
| Next Low | 1.189 |
| 2nd Low | 1.17 |
| 3rd Low | 1.112 |
1.269 – 1.256 – 1.239 – 1.189 – 1.204 – 1.194 —
1.249000000 – 1.236000000 —
55.178571853636 – 44.001050222487 —
– —
1.269 – 1773025200