NEAR/USDT – 1H – BUY

The pair Near Protocol/Tether (NEAR/USDT) goes from the descending trendline upwards

The bullish trend upwards to the next resistance level at 2.261 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 2.001 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bullish Engulfing’ candlestick pattern is existing. The chart forms ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.

2.261 – 2.265 – 2.101 – 2.001 – 2.033 – 2.045 —
2.065000000 – 2.014000000 —
40.445601244271 – 43.045732818991 —
– —
2.261 – 1781038800

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bullish Engulfing – – –