NEAR/USDT – 1H – BUYThe currency pair Near Protocol/Tether (NEAR/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 1.323 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.278 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Tweezers Bottom’ candle pattern is found. The chart shows ‘Tweezers Bottom’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.334 |
| 2nd High | 1.333 |
| Next High | 1.323 |
| Current Price | 1.340000000 |
| Next Low | 1.278 |
| 2nd Low | 1.267 |
| 3rd Low | 1.217 |
1.323 – 1.333 – 1.282 – 1.278 – 1.267 – 1.217 —
1.338000000 – 1.347000000 —
66.895006533463 – 65.25660821555 —
– —
1.323 – 1773234000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Tweezers Bottom – – –