The currency pair Near Protocol/Tether (NEAR/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 2.261 will continue.
Caution: A possible trend reversal in the direction of the support zone at 2.063 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.087 |
| 2nd High | 2.265 |
| Next High | 2.261 |
| Current Price | 2.366000000 |
| Next Low | 2.063 |
| 2nd Low | 1.977 |
| 3rd Low | 1.959 |
2.187 – 2.155 – 2.119 – 2.063 – 1.977 – 1.959 —
2.132000000 – 2.322000000 —
54.533385365981 – 80.304659045183 —
– —
2.187 – 1781366400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Northern Doji – – –