The pair Near Protocol/Tether (NEAR/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 1.305 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.278 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
And also a ‘Three Outside Up’ candlestick pattern is existing. The candles form ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.32 |
| 2nd High | 1.313 |
| Next High | 1.305 |
| Current Price | 1.283000000 |
| Next Low | 1.278 |
| 2nd Low | 1.221 |
| 3rd Low | 1.197 |
1.305 – 1.3 – 1.313 – 1.278 – 1.285 – 1.279 —
1.287000000 – 1.279000000 —
40.929856573682 – 33.808447348445 —
– —
1.305 – 1777757400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – – –