Buy NEAR/USDT – 30M – BUY

The currency pair Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline up.

The bullish trend up to the next resistance level at 2.175 is certain.

Caution: A possible counter-trend in the direction of the support line at 2.02 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

Then a ‘Bullish Engulfing’ candlestick pattern is detected. The chart shows ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High 2.265
2nd High 2.261
Next High 2.175
Current Price 2.107000000
Next Low 2.02
2nd Low 1.959
3rd Low 1.93

2.119 – 2.079 – 2.084 – 2.02 – 1.959 – 1.987 —
2.119000000 – 2.115000000 —
54.697525961423 – 52.606574433567 —
– —
2.119 – 1781211600

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