The pair Near Protocol/Tether (NEAR/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 1.312 will persist.
Caution: A possible change in the direction of support at 1.265 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
And also a ‘Three Outside Up’ candlestick pattern is found. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.343 |
| 2nd High | 1.32 |
| Next High | 1.312 |
| Current Price | 1.426000000 |
| Next Low | 1.265 |
| 2nd Low | 1.245 |
| 3rd Low | 1.221 |
1.288 – 1.312 – 1.305 – 1.265 – 1.245 – 1.262 —
1.305000000 – 1.326000000 —
58.580620768726 – 64.933982472566 —
– —
1.288 – 1777932000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – – –