The currency pair Near Protocol/Tether (NEAR/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 1.395 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 1.331 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
Additionally a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.471 |
| 2nd High | 1.397 |
| Next High | 1.395 |
| Current Price | 1.407000000 |
| Next Low | 1.331 |
| 2nd Low | 1.324 |
| 3rd Low | 1.32 |
1.395 – 1.388 – 1.392 – 1.331 – 1.345 – 1.324 —
1.357000000 – 1.391000000 —
54.798075548209 – 74.041137186438 —
– —
1.395 – 1775833200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three White Soldiers – – –