The pair Near Protocol/Tether (NEAR/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 1.239 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 1.161 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.286 |
| 2nd High | 1.24 |
| Next High | 1.239 |
| Current Price | 1.187000000 |
| Next Low | 1.161 |
| 2nd Low | 1.112 |
| 3rd Low | 1.028 |
1.179 – 1.239 – 1.24 – 1.161 – 1.162 – 1.169 —
1.187000000 – 1.188000000 —
58.376411006468 – 56.141696716892 —
– —
1.179 – 1774686600